An article in a recent issue of the ISIS propaganda magazine "Dabiq" outlined a plan by the terrorist masterminds to fulfill a prophecy which centres on establishing a Caliphate in Rome and involves wiping out all infidels and removing all traces of European culture "as one shakes a sheet", replacing it with.... a "sheet of holiness".
There goes the Heineken® beer and apple strudel.
How has Brexit affected the pound?Sterling sank 10 percent in value to its weakest point since 1985 after Britain voted to leave the European Union, triggering a global rush of capital into the traditional security of the yen and the Swiss franc. Morgan Stanley expects the pound to fall to between $1.25 and $1.30. HSBC also cut its quarter end and year-end forecasts for sterling. It expects sterling to fall to $1.20 by the end of 2016.