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Geopolitics

UK's Risk Of Double-Dip Secession

It's not recession, but secession that's worrying many: Scotland will vote on independence from the UK, while Britain's own potential exit from the EU could stunt an economic rebound.

Some 5 million Scots will be called to the polls Sep. 18.
Some 5 million Scots will be called to the polls Sep. 18.
Nicolas Madelaine

LONDON — British Prime Minister David Cameron’s New Year’s message was an occasion to congratulate himself; and in doing so, his criticism of European partners — France in particular — was hardly veiled: “If you doubt how disastrous a return to Labour-style economics would be, just look at countries currently following that approach,” he said. “They face increasing unemployment, industrial stagnation and enterprise in free fall.”

And yet if the new year indeed seems promising for Britain’s economy, it could also be among the trickiest ever for the United Kingdom otherwise. The country seems increasingly tempted to part ways with the European Union, and the independence movement in Scotland is simultaneously on the rise. The more international-minded British — especially those in the world of finance — have already coined a name for their country, should Scotland exit the great nation: “Little Britain.”

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Lisa Berdet, Lila Paulou, Anne-Sophie Goninet and Bertrand Hauger

👋 Sveiki!*

Welcome to Thursday, where more Ukrainian soldiers surrender in Mariupol, Sri Lanka defaults on its debt,and George W. Bush offers an epic geopolitical gaffe. Meanwhile, Lili Bai in Chinese-language digital media The Initium looks at what’s driving the current “expat exodus” at play in Shanghai.

[*Latvian]

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