The document discusses the United Kingdom potentially joining the Eurozone by adopting the Euro as its currency. It first examines why the UK initially opted not to join in 1999, noting it did not meet certain convergence criteria around inflation, interest rates, budget deficits, and debt levels. It then explores both the potential advantages and disadvantages of the UK joining the Eurozone, such as lower transaction costs but also loss of independence over interest rate decisions. Finally, it discusses recent news and opinions about the UK potentially joining the single currency in the future, with sources suggesting a decision could be made by 2001 and the country switch to the Euro by 2003 over a 40 month period.
A brief look at history of EU, EU makeup and Brexit, how it may affect Britain, Europe and the rest of the world. We will be dissecting some EU Policies including single currency and its effects...
Of course, all from a systems thinking point of view.
A brief look at history of EU, EU makeup and Brexit, how it may affect Britain, Europe and the rest of the world. We will be dissecting some EU Policies including single currency and its effects...
Of course, all from a systems thinking point of view.
With Britons voting to take their country out of the European Union will reduce the politico-economic bloc to 27 members from 28. No corner of the global financial structure will remain unscathed. Market horses like currencies, commodities and equities are the first to find their courses altered, even as economic jockeys riding them - monetary policies, bank rates and macro-economic markers - will find it hard to adapt to the altered course.
Withdrawal of the United Kingdom (UK) from the European Union (EU), often shortened to Brexit is a political aim of some political parties, advocacy groups, and individuals in the United Kingdom.
In 1975 a referendum was held on the country's membership of the European Economic Community (EEC), a precursor to the EU.
The outcome of the vote was that the country continued to be a member of the EEC.
More recently the European Union Referendum Act 2015 has been passed to allow for a referendum on the country's membership of the EU, with a vote to be held on 23 June 2016.
See in just 4 charts why the historic vote in the UK matters, how the polls have been trending and the forecasted impact of a vote to leave according to various published scenarios.
The British have shocked the financial, political and business establishments of the world by voting to leave (52%) the European Union in the referendum of 23 June 2016.
This presentation was delivered during the “go-home-meeting” hosted by Pharmakon on Sept 9th, 2020. We shared our insights and thoughts on the impact of Brexit on medicinal products – in the pre-and post-approval phase, from the EU and the UK perspective.
BREXIT (Britain Exit) The Reasons & ImpactsSlide Gen
BREXIT_The Reasons & Impacts
Brexit is an abbreviation of "British exit". In 23 June 2016 Britain came out from European Union (EU) by the Vote of Britain’s people.
After Having 43 years of membership this great country makes this big decision. In 1973 United Kingdom got the membership in EU to expand the business among 28 members and share a common economical system.
The United Kingdom (UK) intends to withdraw from the European Union (EU), a process commonly known as BREXIT, as a result of June 2016 referendum in which 52% voted to leave EU. The term “BREXIT” is the short form of the words “BRITISH” and “EXIT”.
With Britons voting to take their country out of the European Union will reduce the politico-economic bloc to 27 members from 28. No corner of the global financial structure will remain unscathed. Market horses like currencies, commodities and equities are the first to find their courses altered, even as economic jockeys riding them - monetary policies, bank rates and macro-economic markers - will find it hard to adapt to the altered course.
Withdrawal of the United Kingdom (UK) from the European Union (EU), often shortened to Brexit is a political aim of some political parties, advocacy groups, and individuals in the United Kingdom.
In 1975 a referendum was held on the country's membership of the European Economic Community (EEC), a precursor to the EU.
The outcome of the vote was that the country continued to be a member of the EEC.
More recently the European Union Referendum Act 2015 has been passed to allow for a referendum on the country's membership of the EU, with a vote to be held on 23 June 2016.
See in just 4 charts why the historic vote in the UK matters, how the polls have been trending and the forecasted impact of a vote to leave according to various published scenarios.
The British have shocked the financial, political and business establishments of the world by voting to leave (52%) the European Union in the referendum of 23 June 2016.
This presentation was delivered during the “go-home-meeting” hosted by Pharmakon on Sept 9th, 2020. We shared our insights and thoughts on the impact of Brexit on medicinal products – in the pre-and post-approval phase, from the EU and the UK perspective.
BREXIT (Britain Exit) The Reasons & ImpactsSlide Gen
BREXIT_The Reasons & Impacts
Brexit is an abbreviation of "British exit". In 23 June 2016 Britain came out from European Union (EU) by the Vote of Britain’s people.
After Having 43 years of membership this great country makes this big decision. In 1973 United Kingdom got the membership in EU to expand the business among 28 members and share a common economical system.
The United Kingdom (UK) intends to withdraw from the European Union (EU), a process commonly known as BREXIT, as a result of June 2016 referendum in which 52% voted to leave EU. The term “BREXIT” is the short form of the words “BRITISH” and “EXIT”.
On June 23rd 2016 the UK voted in a referendum to leave the European Union.
Prime Minister David Cameron resigned the morning after the vote
A few weeks later, Theresa May was elected leader of the Conservative Party and new Prime Minister.
The terms of the UK’s new economic relationship with the EU remain uncertain.
Hard Brexit
Means that the United Kingdom leaves the EU Single Market and trades under World Trade Organization rules
Under WTO rules, each member must grant the same market access—including charging the same tariffs—to all other members as the most favoured nation
Soft Brexit
Involves the option of staying in the Single Market (like Norway)
As a member of the European Economic Area (EEA), Norway has a free trade agreement with the European Union, which means that there are no tariffs on trade between the two
Three issues dominated much of the Brexit referendum debate: trade, investment and migration; and they will continue to dominate during the exit negotiations. Uncertainty is the key word when analysing the outlook for the UK, with much depending on the UK government’s ability to negotiate trade agreements in a timely manner. Here we investigate the post-referendum economic landscape and explore the potential impact on the UK of a disorderly exit, as well as the impact on key economic indicators should the UK have a change of heart and remain in the EU.
The EU Referendum - what's the big dealWorld First
World First's chief economist, Jeremy Cook, talks about the history of Britain in Europe, the arguments for and against Brexit, and what impact it will have on businesses.
Trade liberalization and GVC participation: an EU perspectivePierfrancescoZeoli
The digital artefact that I have created aims to inform the general public on how and why trade liberalization policies and deep trade agreements may give a significant boost to GVCs development. As Master's student in European Affairs I adopted an EU perspective. I first convey the general information on how trade liberalization policies and the elimination of tariffs and nontariff barriers could provide developing countries with greater market access for their exports. Then I use two contrasting case studys, the EU's Everything but Arms (EBA) initiative of 2001 and the Brexit saga to examine why deep trade agreements are not only important for GVC integration between the countries involved in the agreement, but they also have spillovers for countries not directly involved in the deal. As the Brexit saga shows, policy uncertainty can have serious consequences for industries and businesses involved in GVC. Policymakers must therefore consider the impact that different kind of UK-EU trade agreements would have on industries and GVC integration.
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
The new type of smart, sustainable entrepreneurship and the next day | Europe...
Ifm
1. International Financial
Management
Will the United Kingdom
join the EURO club ?
PRESENTED BY:
CHARU MUNDRA
2. The United Kingdom & the EU
(the Single Currency)
ABSTRACT:
a) Why did not the UK join the Single Currency?
b) What advantages and disadvantages of the UK joining the
single currency?
c) Actual news & opinions about a membership
in the single currency.
Conclusion
3. The United Kingdom & the EU
(the Single Currency)
Introduction
On 2nd May 1998 the European Commission
in Brussels decided the membership of 11
EU-countries to the Euro-
Launching on 1st Jan. 1999.
The Euro-11-Zone includes:
300 million people
19,4% of the World-GDP
18,6% of the World-Trade
4. A) Why didn’t the UK join
the single currency?
1) The convergence criteria
• An inflation rate that is no more than 1.5 % higher term
than the average of the three lowest inflation rates.
• A long term interest rate that is no more than 2% higher
than the three lowest interest rates.
5. • A government budget deficit that is no higher than
3% of GDP.
• And government debt that is no higher than 60% of GDP.
7. Arguments for UK entry into single
currency
• Lower transaction costs
• Increased trade and investments
• Lower inflation and long term
interest rates
• Political influences
8. B) What advantages and
disadvantages of the UK joining
the single currency?
9. 1) Economic consequences of
the UK opting out
i) Disadvantages of opting out
• The country, like other outsiders, will be very much
affected by the policies adopted by the EMU members.
• All decisions which relate to monetary and exchange rate
policy will be to reflect primarily the interests of the EMU
participants.
• Its trading partners would dominate decision-making
in key areas of EU policy.
10. • These partners would acquired a competitive
advantage as a result of EMU’s success.
• The gain in competitiveness of the EMU group would,
other things being equal, be equivalent to a loss of
competitiveness among the countries outside.
Then, it will lead
to :
• Higher risk premium on interest rates
• Greater exchange rate volatility
Lower rates of investment and growth
Higher unemployment and strains on government
finances.
11. ii) Benefits of opting out :
• The UK, like other “outs”, will be shielded from the
counter-cyclical fiscal policy instability.
•It will also be spared the inevitable political frictions
which will arise in the process of adjustment to a single
monetary policy.
12. 2) Consequences of the UK joining
(in short or long term).
i) Costs or disadvantages of joining
• Total costs for a business = £ 20 m
• costs from strategic changes to maximise the busines
competitiveness in the new Euro-zone environment.
Costs in changing their systems in order to
trade in Euro
Costs of transferring their base accounting
systems to the Euro
13. • No transition period for the UK
• Cost of the loss of independence in interest rate
decisions
• The UK, due to being a long-term Outsider, would be
unlikely to have any serious influence on measures
adopted by the EMU members.
14. Principle Advantages for the 11
members of the Euro-zone
• The domestic market needs a single currency
i.e.: currency crises in autumn 92/summer 93
• Retirement of operation costs
• Long-term economic stability
• No exchange rate losses for companies
i.e.: Germany lives up to 60 % from EU export
• Abolition of barriers to a single European market
• Price transparency
15. ii) Advantages of joining
• Increased competition
• 11-Euro-zone
Countries = save 0.3 - 0.4 % of EU GDP p.a.
(transaction costs).
The UK = only 0.2 % of EU GDP p.a.,
because the UK trade with other EU
countries is below average.
• Greater specialisation and trade within the Euro-zone
• Euro will bring more integrated European financial
markets.
Cqs : Higher growth in the Euro-zone
16. c) Actual news & opinions
about a membership in the single
currency.
17. How could UK join the s.c.?
The Government’s National Changeover Plan shows that
Tony Blair aims to speed up the process. The UK can
prepare more quickly than the first wave entrants managed.
Treasury sources are making clear
• no decision until after the next election
• the document gives the green light to speed up its preparations
• that a decision could be made as late 2001, with
Britain possibly joining economic and monetary union by 2003
18. Britain could switch to Euro in 40 months
Decision Referendum UK Joins Euro Cash End
4 months 24-30 months 6 months
40 months