M&G eyes moving more funds to Dublin after Brexit vote
LONDON (Reuters) – British asset manager M&G Investments, the fund arm of insurer Prudential, is looking at relocating more of its operations to Dublin in the wake of a British vote to leave the European Union....MOREAnd from The Waterford Whispers News, on the spot reportage:
THE IRISH coast guard has today issued a nationwide warning for the East Coast as hundreds of thousands of British refugees risk their lives to cross the Irish sea in an attempt to flee the impoverished and unstable nation.HT: naked capitalism
Dinghies overflowing with desperate migrants are so far half way through their journey, many with women and children aboard, wishing to make a new start on the Emerald Isle.
“We have rescued hundreds of people from crafts due to overcrowding,” winchman Derek Ryan of Rescue 117 told WWN today. “It’s a terrible situation as many of these people are only hoping for a better quality of life in the EU”.
Taoiseach Enda Kenny has called an emergency meeting in the Dáil this afternoon to help find a solution to the influx of British refugees.
It is expected many of those landing on the Irish coast will have to be quarantined, as they are not a part of the European Union....MORE
Reminiscent of some other stories over the years:
Voting With Their Hooves: "Dairy Cows Flee California Seeking a Better Economic Climate for Themselves and their Calves"
Thousands Of Migrants Flee Finland Hoping For A Better Life In Iraq
The headline is a takeoff on a factoid in 2012's "Migrant Workers Leaving Greece, Going Home to Albania....":
...from a 2002 Federal Reserve Board Open Market Committee transcript:Also via naked capitalism:
“There is growing anecdotal evidence that this may be due to Mexican immigrants departing the United States in search of a better life in Mexico
Has Technology Estranged Us to the Point That We Need to Rent Friends?