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Ethereum tops $3.3K as analysts tip ETF approvals this week – Cointelegraph

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The price of Ether has topped $3,300 amid anticipation that spot ETH exchange-traded funds (ETFs) could launch as soon as the end of this week.

Ether (ETH) is currently trading at $3,331 and has rallied 16% from a price of $2,909 in the last week, per TradingView data.

Nate Geraci, ETF analyst and president of The ETF Store, took to X with his forecast that the roster of eight spot ETH ETFs will have launched by the end of this week.

Welcome to spot ETH ETF approval week. Dont know anything specific, just cant come up [with] good reason for any further delay at this point, wrote Geraci in a July 14 X post.

In line with Geraci, an anonymous source close to the proceedings told Cointelegraph on July 12 that the spot ETH funds were expected to launch by the end of this week.

Several issuers including VanEck and 21Shares filed amended registrations last week in hopes of receiving the SECs final signoff to begin listing spot Ether ETFs.

Many analysts tip the launch of the ETFs as a major catalyst for the price of ETH in the coming months.

Related: Spot Bitcoin ETFs see highest flow day in over 5 weeks

Tom Dunleavy, a managing partner at crypto investment firm MV Global, told Cointelegraph that he expects the funds toattract up to $10 billion in new inflows in the months following their launch, something that will see Ether prices surge to new all-time highs by the end of this year.

Dunleavy also said, contrary to popular opinion among other ETF analysts, that Ether ETFs would be an easier sell to Wall Street compared to Bitcoin ETFs.

We believe that there will be strong buy pressure with a much more clear narrative that traditional investors can understand. ETH has cashflows. It can be described as a tech stock, the app store of crypto, or an internet bond, Dunleavy wrote in a Q2 investor note given to Cointelegraph.

He added that ETHs price action which has lagged relative to Bitcoin (BTC) for the last 18 months would rebound quickly following the launch of the funds.

Magazine:Ethereums recent pullback could be a gift: Dynamo DeFi,X Hall of Flame

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Ethereum tops $3.3K as analysts tip ETF approvals this week - Cointelegraph

Shiba Inu and Ethereum: Price Prediction Analysis – Watcher Guru

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Shiba Inu and Ethereum have become some of the most important players in the cryptocurrency market. Were not surprised about this fact.

This analysis examines their current positions, recent performance, and future price predictions to understand how they will evolve.

Also Read: Shiba Inu or Pepe Coin: Which Cryptocurrency Can Reach $0.01 First?

On July 17th of this year, Shiba Inu (SHIB) traded at $0.00001930, with a market capitalization of $9,477,145,257. Amazing, right? Ethereum (ETH), on the other hand, is priced at $3,489.79.

Shiba Inu has experienced some unexpected price changes over the past year. The chart shows a spike in early 2024, which was then followed by a correction. Despite this volatility, SHIB has kept a relatively stable price recently.

The Ethereum Price chart shown above shows a more consistent growth over the same period. The cryptocurrency has shown an upward trend since early 2024, with some occasional fluctuations.

Also Read: Ethereum ETFs Expected to Officially Launch July 23

Shiba Inus indicators show the 50-day SMA is at $0.00001999, while the 200-day SMA is a bit lower, at $0.00001962. This close value suggests that its price is hovering around moving averages. Furthermore, the 14-day RSI is at 56.63.

Ethereums indicators show a more bullish trend: The 50-day SMA stands at $3,447.97, and the 200-day SMA is lower at $3,105.22. This difference suggests that its price is trending above the long-term moving average.

The price predictions for Shiba Inu show a mixed outlook. In the short term, a significant spike is expected during the next 5 days. This might be caused by market speculation of upcoming events.

Unfortunately, this surge is most likely going to be short-lived, with decreases forecasted for the one-month, three-month, and six-month periods.

The long-term outlook looks more positive, with a large increase predicted for the 1-year mark.

Ethereums price predictions are more bullish than SHIB, and that is obvious at this stage. The forecast suggests steady growth across all time frames, with an important boost in the three-month and six-month periods. Thats very interesting.

This positive outlook is due to Ethereums strong fundamentals and the development of network upgrades.

The 1-year prediction also shows that it might continue to grow. Even if the 2025 prediction is lower than the 1-year forecast, it still represents a large increase from the current price.

The price predictions for Shiba Inu and Ethereum show different paths. Even though Ethereum has a constant positive outlook, Shiba Inu is more volatile and has short- and long-term growth potential.

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Shiba Inu and Ethereum: Price Prediction Analysis - Watcher Guru

Spot Ethereum ETFs are coming, but ETH derivatives markets are flat – Cointelegraph

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Etherprice rallied 12.5% between July 12 and July 15, but strong resistance at $3,500 halted the bullish momentum. The subsequent correction down to $3,400 on July 18 occurred despite the United States Securities and Exchange Commission approving two additional spot Ethereum exchange-traded funds (ETFs). Despite this positive development, Ethers derivatives market has shown little excitement.

The SEC reportedly gave preliminary approval to at least three issuers to begin trading spot Ether ETFs on July 23. A total of eight spot Ether (ETH) ETFs are awaiting final regulatory approval after amendments to the funds S-1 filings.

Bitwise Chief Investment Officer Matt Hougan expects Ethers price to reach $5,000 by the end of 2024, citing its low equivalent inflation rate, lack of significant cost for validators, and 28% supply locked in staking.

Given the total crypto market capitalization gained 43% year-to-date in 2024, it is puzzling why Ethers investors lack bullishness, despite the spot ETH ETF momentum. Furthermore, volumes on Ethereum decentralized applications (DApps) rose 7% in the last 30 days to $221 billion, according to DappRadar data. In comparison, competitor BNB Chain saw a 25% decline in activity, while Solana experienced a 16% drop in volumes.

In terms of DApps deposits, the Ethereum network remains the leader with 17.5 million ETH in total value locked (TVL), equivalent to $59.8 billion, according to DefiLlama data. This metric remained flat from the prior month, while competitors Solana and BNB Chain hold approximately $4.8 billion each.

Additionally, activity in Ethereums layer 2 ecosystem increased, with the aggregate native TVL rising by 8.5% over the past 30 days to $14 billion, according to L2Beat data. Thus, Ethereum onchain data shows no signs of weakness.

From a macroeconomic perspective, the latest US Producer Price Index was 2.6% above the prior year, slightly above the market consensus of 2.3%. This indicates that the US Federal Reserve (Fed) still has work to do to curb inflation, meaning price pressure will continue to hurt demand for a while.

Moreover, Chinas disappointing 4.7% yearly gross domestic product growth could spell trouble for global stock markets.

Additionally, the US Department of Labor reported 243,000 initial jobless claims were filed in the week ending July 13, the highest level since August 2023. The signs of a cooling labor market increase the odds of the US Fed cutting interest rates over the next couple of months, according to Goldman Sachs chief economist Jan Hatzius, as reported by Yahoo Finance.

There is no indication that investors are exiting risk markets, which is evident as the S&P 500 index is only 2% below its all-time high from July 16. Meanwhile, Ethers price needs to gain 43% to surpass the $4,868 mark set in November 2021.

To assess whether crypto traders are gaining confidence, one should analyze the Ether futures premium. In normal markets, these contracts should trade 5% to 10% higher than regular spot markets to account for their extended settlement period.

Related: Bitcoin ETFs have 4-8X more BTC price influence than miners Research

The Ether fixed-month contracts annualized premium, or basis rate, currently stands at 11%, indicating moderate optimism. However, this indicator has not sustained levels above 12% for the past month, which is somewhat concerning given the potential inflows from the upcoming spot ETF launch in the US. For comparison, Bitcoins (BTC) basis rate also stands at 11%, indicating there is no excessive bullishness among Ethereum investors.

Ether bulls might argue that the current lack of confidence leaves room for a surprise if the expectation of strong spot ETF net inflows is confirmed. Still, given that Ethers price failed to rally despite a bullish scenario for risk-on assets, the ETH derivatives metrics point to investors lack of appetite, making a bull run above $4,000 less likely.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

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Spot Ethereum ETFs are coming, but ETH derivatives markets are flat - Cointelegraph

Ethereum surges 5% to $3,300 ahead of key ETF decision – Crypto Briefing

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The price of Ethereum has rallied 5% to over $3,300 ahead of the key spot Ethereum exchange-traded fund (ETF) decision, according to data from TradingView.

The US Securities and Exchange Commission (SEC) is expected to greenlight the launch of several spot Ethereum ETFs by the end of this month. While the specific date remains speculative, ETF experts estimate that approval will come the week of July 15.

Nate Geraci, the president of the ETF Store, reiterated his prediction that the SEC will approve the S-1 filings this week after weeks of delays following initial listing acceptance in May. He believes theres no reason for further delay because issuers are ready for launch and recent filings require minimal changes.

Welcome to spot [ETH] ETF approval week. Im calling it. Dont know anything specific, just cant come up [without] good reason for any further delay at this point. Issuers ready for launch, Geraci stated in a Sunday post.

Bloomberg ETF analysts Eric Balchunas and James Seyffart previously predicted the spot Ethereum ETFs could be approved and begin trading as soon as mid-July.

Seyffart noted that Ethereum ETF issuers have been filing their final S-1 registration statements, which is the last regulatory hurdle before approval. Balchunas said the SECs minimal feedback on these latest filings suggests they are close to being satisfied with the applications.

Matt Hougan, the Chief Investment Officer at Bitwise, confirmed that minimal amendments suggest imminent approval.

The approval of a spot Ethereum ETF is anticipated to have a major impact on the Ethereum market and the broader crypto industry. It could drive remarkable inflows of institutional and retail capital into Ethereum, potentially mirroring the success of spot Bitcoin ETFs.

In a recent report, Hougan suggested that spot Ethereum ETFs could attract $15 billion in net inflows by the end of 2025.

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Ethereum surges 5% to $3,300 ahead of key ETF decision - Crypto Briefing

Ethereum ETFs to launch July 23, Bloomberg analyst says – Crypto Briefing

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The starting date for spot Ethereum exchange-traded fund (ETF) trading in the US is July 23rd, according to Bloomberg ETF analyst Eric Balchunas. He shared on X that the SEC is answering issuers today, asking them to return their final S-1 forms on Wednesday, July 17th.

And then request effectiveness on Monday after close for a TUESDAY 7/23 LAUNCH. This is provided no unforeseeable last min issues of course, he added.

The Ethereum ETF issuers filed their S-1 forms on July 8th but most of them left the fees out of their forms. According to Balchunas, this is likely a strategy from the asset managers to check how competitive the funds fees are, especially BlackRocks.

Notably, the S-1 form is an initial registration required by the US Securities and Exchange Commission (SEC) before a security can be publicly traded.

As highlighted by Balchunas fellow ETF analyst James Seyffart, this could mean that the Ethereum ETFs will start trading the same week as the Bitcoin Conference, set to happen in Nashville.

The launch of the spot Ethereum ETFs is a key step for crypto adoption by mainstream investors, as it solidifies the altcoin as a sound asset among institutional investors. An estimate by Bitwise CIO predicts that these investment instruments will capture $15 billion in inflows until the end of 2025, as reported by Crypto Briefing.

Moreover, the Ethereum ETFs open the door for the approval of exchange-traded funds indexed to other crypto. VanEck and 21Shares both filed their form for the approval of the first spot Solana ETFs in the US on the last week of June.

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Ethereum ETFs to launch July 23, Bloomberg analyst says - Crypto Briefing

Why Is The Ethereum Price Up Today? – NewsBTC

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Ethereum (ETH) is up in the last 24 hours. This is thanks to a recent development suggesting that the Spot Ethereum ETFs are set to launch anytime soon. These funds are expected to positively impact ETHs price, with the second-largest crypto token poised to reach new highs.

Ethereum experienced a price surge following Bloomberg analyst Eric Balchunas revelation that the Spot Ethereum ETFs could begin trading by July 23. Balchunas mentioned in an X (formerly Twitter) post that the US Securities and Exchange Commission (SEC) has gotten back to the fund issuers and asked them to submit their final S-1 filings by July 22.

The SEC also asked them to request effectiveness on July 22 so they can launch on July 23. Therefore, the Spot Ethereum ETFs should launch by next week, provided there are no unforeseeable last-minute issues, as noted by Balchunas. The launch of the Spot Ethereum ETFs is undoubtedly bullish for ETH, giving the amount of new money set to flow into its ecosystem through these funds.

Crypto research firm K33 predicted that these Spot Ethereum ETFs could attract as much as $4.8 billion in their first five months of trading. In line with this, crypto analysts predict that Ethereum could record massive gains thanks to these inflows. Crypto analyst Linda recently predicted that the crypto token could rise to as high as $4,000 soon enough.

Other analysts, like Altcoin Sherpa, have also predicted that ETHwill hit $4,000 soon. Meanwhile, crypto analyst and trader Tyler Durden has provided a more bullish prediction for ETH, stating that the crypto token will rise to $10,000 just the way the chips have fallen.

The crypto analyst alluded to the Spot Ethereum ETFs as what will spark such a parabolic move for Ethereum. He claimed that institutional investors had put so much effort into ensuring that the Spot Ethereum ETFs were approved and that they would ensure that they made money from these funds while pumping ETHs price.

The Spot Ethereum ETFs launch is also expected to spark massive moves for other altcoins and is likely to kickstart the altcoin season. Crypto analyst Crypto Rover advised market participants to prepare accordingly, boldly asserting that altcoin season will start once the Spot Ethereum ETFs begin trading.

From a technical perspective, crypto analyst Titan of Crypto mentioned that altcoins are ready to make major moves to the upside as Bitcoins dominance drops. Crypto analyst Mikybull Crypto also stated that the macro short-term correction for altcoins is about to end, meaning that the Spot Ethereum ETFs could be the catalyst that sparks a bullish reversal.

At the time of writing, ETH is trading at around $3,300, up in the last 24 hours, according to data from CoinMarketCap.

Featured image created with Dall.E, chart from Tradingview.com

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Why Is The Ethereum Price Up Today? - NewsBTC

Ethereum Price Prediction as Analyst Says ETH ETF Will Launch 23 July Can ETH Reach $100,000? – Cryptonews

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Last updated: July 16, 2024, 00:48 EDT | 4 min read

The cryptocurrency market has always been characterized by its volatility and potential for substantial gains. One recent development that has captured the attention of investors is the advent of spot exchange-traded funds (ETFs), particularly for Ethereum (ETH).

Historically, similar financial products for Bitcoin have led to substantial capital inflows, contributing to significant price increases.

For Ethereum, the introduction of a spot ETF is expected to have a similar, if not greater, impact due to its robust blockchain ecosystem and the variety of applications built on its platform. The market sentiment has been increasingly bullish as regulatory bodies like the SEC move towards approval.

Recent price movements and market activities underpin this optimistic outlook. Institutional investors have been accumulating Ether, taking advantage of recent price dips to establish or expand their positions.

This is evident from the inflows into Ethereum investment products, which have reached their highest levels since March. Such trends suggest the market is gearing up for a potential surge, fueled by the expected influx of new investors through the spot ETF.

Analyst Eric Balchunas shared recently on X (formerly Twitter) that the Spot Ethereum ETF will launch on July 23. This development is poised to be a game-changer for Ethereum, providing a new avenue for investment and potentially driving significant price appreciation.

The ETF is expected to offer a straightforward and regulated way for institutional and retail investors to gain exposure to Ethereum, which could lead to increased demand and liquidity.

The SECs recent communications with ETF issuers, requesting the final submission of S-1 forms, suggest that the regulatory approval is on track.

This follows the May 23 approval of spot Ether ETF 19b-4 filings from eight asset managers, including prominent names like VanEck and Bitwise.

The positive regulatory stance, coupled with the markets anticipation, has already begun to reflect in Ethereums price, which has seen a notable uptick in recent weeks.

Experts believe that the successful launch of the spot Ethereum ETF will mirror the impact seen with spot Bitcoin ETFs, which attracted substantial capital inflows and drove up prices.

Ethereums recent price performance and technical indicators suggest a bullish trend with the potential for significant gains. The price has been nurturing a V-shaped recovery pattern, a bullish signal that indicates a strong rebound after a period of decline.

Currently, Ethereum is trading above the 50-day exponential moving average (EMA) at $3,439, with a rising relative strength index (RSI) positioned at 55, both of which are positive indicators of ongoing bullish momentum.

The approval and subsequent launch of the spot Ethereum ETF are likely to complete this V-shaped pattern, pushing the price toward $4,000.

This prediction is supported by the increasing inflows into Ethereum investment products and the rising open interest (OI) in ETH contracts, which stands at $7.72 billion.

The growth in OI signifies increased market participant exposure to Ethereum, which historically correlates with price increases.

However, reaching higher price targets, such as $100,000, requires considering both market conditions and broader economic factors.

While the current bullish trend and the ETF launch provide a solid foundation for price appreciation, significant milestones like $100,000 would necessitate sustained institutional investment, broader adoption of Ethereums technology, and favorable macroeconomic conditions.

The In/Out of Money Around Price (IOMAP) metric highlights potential resistance levels, with a notable concentration of addresses around the $3,385 price point, which could pose short-term challenges.

Since launching its presale less than a month ago, Pepe Unchained ($PEPU) has already smashed through the $3 million milestone, and the excitement continues as it pulls in significant investments week after week.

Averaging about $1 million in new funds weekly, this new meme coin, promising to make Pepe great again, is poised to potentially double its investment inflows in the weeks ahead. Early contributors are banking on $PEPU to surpass its predecessor, Pepe ($PEPE).

Earlier this year, $PEPE emerged as a star among meme coins, leading a rally in the first quarter with an astonishing return of 1,235% for early investors. Pepe Unchained aims to match and outshine $PEPEs success, boasting faster and cheaper transactions thanks to its own Layer 2 chain on Ethereum.

The current presale price for its native token, $PEPU, is $0.0084598, but it is set to increase in less than a day, making now a critical time for potential investors to get involved.

Why PEPE Unchaineds Layer 2 is a Game-Changer:

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Ethereum Price Prediction as Analyst Says ETH ETF Will Launch 23 July Can ETH Reach $100,000? - Cryptonews

Brexit is now a dirty word after ZERO mention in Kings Speech, claims Lib Dem MP – NBC Right Now

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...EXCESSIVE HEAT WARNING REMAINS IN EFFECT FROM 11 AM SATURDAY TO10 PM PDT MONDAY...* WHAT...Dangerously hot conditions with afternoon temperatures of100-110 degrees expected over the weekend. This will pose a Majorrisk of heat-related illness.* WHERE...Portions of central, north central, and northeast Oregonand central, south central, and southeast Washington.* WHEN...From 11 AM Saturday to 10 PM PDT Monday.* IMPACTS...Extreme heat will significantly increase the risk ofheat-related illnesses for much of the population, especiallythose who are heat sensitive and those without effective coolingor adequate hydration.PRECAUTIONARY/PREPAREDNESS ACTIONS...Drink plenty of fluids, stay in an air-conditioned room, stay out ofthe sun, and check up on relatives and neighbors. Young children andpets should never be left unattended in vehicles under anycircumstances.Take extra precautions if you work or spend time outside. Whenpossible reschedule strenuous activities to early morning orevening. Know the signs and symptoms of heat exhaustion and heatstroke. Wear lightweight and loose fitting clothing when possible.To reduce risk during outdoor work, the Occupational Safety andHealth Administration recommends scheduling frequent rest breaks inshaded or air conditioned environments. Anyone overcome by heatshould be moved to a cool and shaded location. Heat stroke is anemergency! Call 9 1 1.For sheltering information and other human services in your area,dial 2 1 1 during business hours or visit 211info.org for Oregon orwa211.org for Washington anytime.&&

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Brexit is now a dirty word after ZERO mention in Kings Speech, claims Lib Dem MP - NBC Right Now

Brexit, Matt Hancock and black swans: five takeaways from Covid inquiry report – The Week

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The UK government, devolved administrations and the civil service "failed" citizens during the pandemic, according to the damning first report from the Covid inquiry.

There were "several significant flaws" in the pandemic response, found retired judge Baroness Heather Hallett, chair of the public inquiry. The 83,000-word document, based on witness statements including from former health secretaries Matt Hancock and Jeremy Hunt, also highlighted the brutal effect of austerity. Cuts to public spending and resulting health inequalities, including high rates of disease and obesity, had overstretched the health system and made the UK "more vulnerable".

Some of the 235,000 deaths involving Covid-19 (one of Europe's highest death tolls), as well as "grief, untold misery and economic turmoil", could have been prevented, she concluded. But the human, societal and economic cost suffered "will have been in vain" if "radical reform" is not carried out before the next pandemic.

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Resources were taken away from pandemic preparedness because of Brexit, said the report. This was especially so in 2018 and 2019, when officials "scrambled to draw up a contingency plan for medicine, food and fuel shortages" in the event of a "no-deal" Brexit, known as Operation Yellowhammer, said The New York Times.

Brexit was prioritised over implementing recommendations from Exercise Cygnus, the government's 2016 pandemic readiness exercises. The programme, which by 2019 was already running two years behind schedule, was further delayed by the demands of Operation Yellowhammer. Health officials in the devolved nations who should have been focused on pandemic preparedness were also "diverted" to deal with Yellowhammer, said the i news site.

The UK "prepared for the wrong pandemic", said the report. The country had long assumed that an outbreak would involve influenza, preparing its plan in 2011 when Andrew Lansley was health secretary. But both subsequent health secretaries, Jeremy Hunt and then Matt Hancock, failed to update it.

This led to "an over-reliance on vaccines and antivirals that would have no impact on the Covid virus", said the BBC.

Although there are similarities between Covid and flu viruses, there are differences in terms of infection periods, which "affects the feasibility of border screening, quarantining and contact tracing", said The Times.

The strategy was "outdated and lacked adaptability", said the report. Even Hancock described it as "woefully inadequate".

In March 2020, when the government realised how lethal Covid was, it had to abandon the strategy. Ministers then took a "new, untested approach" and sent the country into lockdown, with "no idea how vast the economic and social damage would be", said The Times.

The report rejected claims that the pandemic was unprecedented: an unforeseeable "black swan event". The scientific community had considered it a "reasonable bet" before 2020, "given there were four large coronavirus outbreaks that nearly became pandemics earlier in the 21st century", said The Guardian.

Asian countries, which had experienced outbreaks of Sars in 2003 and Middle East respiratory syndrome (Mers) in 2016, suppressed initial waves with testing, tracing and quarantining, as well as border controls, while limiting the use of lockdowns.

After both outbreaks, pandemic planning exercises in the UK stressed the importance of PPE and testing. "Lessons that could and should have been learned were not learned," said Hallett.

In 2019, there was widespread hubris, partly resulting from government "groupthink", that the UK was "one of the best-prepared countries in the world to respond to a pandemic", said Hallett.

But the "number of organisations across the UK with responsibility for pandemic preparedness had multiplied over time and become unnecessarily numerous", she wrote. It was a "labyrinthine" civil emergency system based on complex "spaghetti diagrams" of institutions that had "ultimately grown to become too complex and disjointed".

There was "constant reorganisation and rebranding" of the departments responsible and it was not even apparent who was in charge. There was a "lack of adequate leadership" in rectifying contingency planning, including from the then prime minister Boris Johnson.

"The evidence is overwhelmingly to the effect that another pandemic potentially one that is even more transmissible and lethal is likely to occur in the near to medium future," Hallett said. "It is not a question of 'if' another pandemic will strike but 'when'."

She urged a "fundamental reform" of preparation for civil emergencies, adding that the changes made since the Covid pandemic had "fail[ed] on a number of grounds".

The report made 10 recommendations, including planning for a wider range of scenarios and creating a more coordinated response, as well as taking responsibility away from the Department of Health and Social Care. "Never again can a disease be allowed to lead to so many deaths and so much suffering," she said.

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Brexit, Matt Hancock and black swans: five takeaways from Covid inquiry report - The Week

Brexit hit UKs pandemic response, Covid inquiry finds – POLITICO Europe

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Chaired by crossbench peer Heather Hallett, the inquiry pointed to Britain's preparations for a no-deal Brexit, which were taking place around the time of a major government training exercise on responding to an influenza pandemic.

After the training operation named "Exercise Cygnus" in 2016, 22 recommendations were made to improve the U.K.'s response to a pandemic. Just eight of these were completed by June 2020, six months after the pandemic began and the inquiry cites the competing demands of no-deal Brexit planning as a reason for this "inaction."

Other avenues of preparation for potential pandemics were also paused due to "Operation Yellowhammer," the codename for Whitehall's contingency planning for a no-deal Brexit.

The existence of the Yellowhammer operation was leaked in 2018. It covered actions to be taken if Britain had crashed out of the European Union without a deal, identifying areas of risk.

"Several witnesses from the U.K. government and devolved administrations told the inquiry that a number of workstreams for pandemic preparedness were paused due to a reallocation of resources to Operation Yellowhammer," the report states.

Elsewhere, the inquiry pointed to "several significant flaws" in the U.K.'s systems of building preparedness, including an "outdated" strategy, a failure to account for "pre-existing health and societal inequalities and deprivation" and a "lack of adequate leadership."

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Brexit hit UKs pandemic response, Covid inquiry finds - POLITICO Europe

Congratulations U.K. Labour Confirms Brexit Reversal Is Dead and Buried – Mish Talk

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I was wondering when Brexit would come up. It has already and I am pleased to confirm the Brexit reversal idea is dead and finally buried.

Not In His Lifetime

[Via Eurointelligence] Already assured of victory at todays general election in the UK, Sir Keir Starmer has started to make manifesto pledges for beyond 2029. Yesterday he said that the UK would not rejoin the EU within his lifetime, nor would it try to become an associate member of the single market or the customs union.

We are not surprised, except that the issue came up so early. The reason to shut this down right now and as conclusively as he did is that keeping the door open for the future has policy consequences today.

To rejoin even in the medium-distant future would have required him to start closing the massive regulatory gap that has opened since Brexit almost immediately. Most of that gap was due to divergence by the EU itself. The UK did not mirror the 50 or so laws of the Green agenda. It adopted the data protection regulation GDPR in the last decade, and maintains its own version to this day. But the UK does not have the EUs digital markets act, or EU regulation on AI and cryptocurrencies. Nor does have regulation on what is euphemistically called corporate social responsibility making companies liable for human rights violations in their supply chains. For the UK to rejoin the EU even during a second term would require such a high degree of regulatory convergence that it would dominate all other policy areas.

We see another reason in the EUs Luddite tendency, its attachment to 20th century technologies and corporatism. We always felt that the undoubtedly large economic gains from goods trade integration need to be set against the opportunity cost of the EUs failure to partake in the 21st century digital economy. The single market, as it is constituted today, is very much a product of 20th century product-focused regulatory thinking.

The Right Decision

Who in their right mind wants to adopt the EUs green agenda? The EUs nannycrat legislation on corporate social responsibility? On digital rights? On cryptocurrencies? On anything the EU does?

Those nostalgic for the EU membership need to address those questions.

Congratulations to Boris Johnson for getting Brexit done. Few believed he would.

His problem was not knowing what to do with Brexit once it happened.

Simultaneous Burial

Its always a mistake to let EU nannycrats set your policy. Thats why Brexit was smart policy even if takes a while to prove that.

Not only did Starmer finally bury EU membership (the Wicked Witch of the East), he buried an even worse customs union idea (the Wicked Witch of the West) in a simultaneous burial.

Congratulations!

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Congratulations U.K. Labour Confirms Brexit Reversal Is Dead and Buried - Mish Talk

Brexit is now a dirty word after ZERO mention in Kings Speech, claims Lib Dem MP – The Paulding County Progress

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Cambodia, Kingdom of Cameroon, United Republic of Cape Verde, Republic of Cayman Islands Central African Republic Chad, Republic of Chile, Republic of China, People's Republic of Christmas Island Cocos (Keeling) Islands Colombia, Republic of Comoros, Union of the Congo, Democratic Republic of Congo, People's Republic of Cook Islands Costa Rica, Republic of Cote D'Ivoire, Ivory Coast, Republic of the Cyprus, Republic of Czech Republic Denmark, Kingdom of Djibouti, Republic of Dominica, Commonwealth of Ecuador, Republic of Egypt, Arab Republic of El Salvador, Republic of Equatorial Guinea, Republic of Eritrea Estonia Ethiopia Faeroe Islands Falkland Islands (Malvinas) Fiji, Republic of the Fiji Islands Finland, Republic of France, French Republic French Guiana French Polynesia French Southern Territories Gabon, Gabonese Republic Gambia, Republic of the Georgia Germany Ghana, Republic of Gibraltar Greece, Hellenic Republic Greenland Grenada Guadaloupe Guam Guatemala, Republic of Guinea, Revolutionary People's Rep'c of Guinea-Bissau, Republic of Guyana, Republic of Heard and McDonald Islands Holy See (Vatican City State) Honduras, Republic of Hong Kong, Special Administrative Region of China Hrvatska (Croatia) Hungary, Hungarian People's Republic Iceland, Republic of India, Republic of Indonesia, Republic of Iran, Islamic Republic of Iraq, Republic of Ireland Israel, State of Italy, Italian Republic Japan Jordan, Hashemite Kingdom of Kazakhstan, Republic of Kenya, Republic of Kiribati, Republic of Korea, Democratic People's Republic of Korea, Republic of Kuwait, State of Kyrgyz Republic Lao People's Democratic Republic Latvia Lebanon, Lebanese Republic Lesotho, Kingdom of Liberia, Republic of Libyan Arab Jamahiriya Liechtenstein, Principality of Lithuania Luxembourg, Grand Duchy of Macao, Special Administrative Region of China Macedonia, the former Yugoslav Republic of Madagascar, Republic of Malawi, Republic of Malaysia Maldives, Republic of Mali, Republic of Malta, Republic of Marshall Islands Martinique Mauritania, Islamic Republic of Mauritius Mayotte Micronesia, Federated States of Moldova, Republic of Monaco, Principality of Mongolia, Mongolian People's Republic Montserrat Morocco, Kingdom of Mozambique, People's Republic of Myanmar Namibia Nauru, Republic of Nepal, Kingdom of Netherlands Antilles Netherlands, Kingdom of the New Caledonia New Zealand Nicaragua, Republic of Niger, Republic of the Nigeria, Federal Republic of Niue, Republic of Norfolk Island Northern Mariana Islands Norway, Kingdom of Oman, Sultanate of Pakistan, Islamic Republic of Palau Palestinian Territory, Occupied Panama, Republic of Papua New Guinea Paraguay, Republic of Peru, Republic of Philippines, Republic of the Pitcairn Island Poland, Polish People's Republic Portugal, Portuguese Republic Puerto Rico Qatar, State of Reunion Romania, Socialist Republic of Russian Federation Rwanda, Rwandese Republic Samoa, Independent State of San Marino, Republic of Sao Tome and Principe, Democratic Republic of Saudi Arabia, Kingdom of Senegal, Republic of Serbia and Montenegro Seychelles, Republic of Sierra Leone, Republic of Singapore, Republic of Slovakia (Slovak Republic) Slovenia Solomon Islands Somalia, Somali Republic South Africa, Republic of South Georgia and the South Sandwich Islands Spain, Spanish State Sri Lanka, Democratic Socialist Republic of St. Helena St. Kitts and Nevis St. Lucia St. Pierre and Miquelon St. Vincent and the Grenadines Sudan, Democratic Republic of the Suriname, Republic of Svalbard & Jan Mayen Islands Swaziland, Kingdom of Sweden, Kingdom of Switzerland, Swiss Confederation Syrian Arab Republic Taiwan, Province of China Tajikistan Tanzania, United Republic of Thailand, Kingdom of Timor-Leste, Democratic Republic of Togo, Togolese Republic Tokelau (Tokelau Islands) Tonga, Kingdom of Trinidad and Tobago, Republic of Tunisia, Republic of Turkey, Republic of Turkmenistan Turks and Caicos Islands Tuvalu Uganda, Republic of Ukraine United Arab Emirates United Kingdom of Great Britain & N. Ireland Uruguay, Eastern Republic of Uzbekistan Vanuatu Venezuela, Bolivarian Republic of Viet Nam, Socialist Republic of Wallis and Futuna Islands Western Sahara Yemen Zambia, Republic of Zimbabwe

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Brexit is now a dirty word after ZERO mention in Kings Speech, claims Lib Dem MP - The Paulding County Progress

Brexit is now a dirty word after ZERO mention in Kings Speech, claims Lib Dem MP – East Oregonian

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Country United States of America US Virgin Islands United States Minor Outlying Islands Canada Mexico, United Mexican States Bahamas, Commonwealth of the Cuba, Republic of Dominican Republic Haiti, Republic of Jamaica Afghanistan Albania, People's Socialist Republic of Algeria, People's Democratic Republic of American Samoa Andorra, Principality of Angola, Republic of Anguilla Antarctica (the territory South of 60 deg S) Antigua and Barbuda Argentina, Argentine Republic Armenia Aruba Australia, Commonwealth of Austria, Republic of Azerbaijan, Republic of Bahrain, Kingdom of Bangladesh, People's Republic of Barbados Belarus Belgium, Kingdom of Belize Benin, People's Republic of Bermuda Bhutan, Kingdom of Bolivia, Republic of Bosnia and Herzegovina Botswana, Republic of Bouvet Island (Bouvetoya) Brazil, Federative Republic of British Indian Ocean Territory (Chagos Archipelago) British Virgin Islands Brunei Darussalam Bulgaria, People's Republic of Burkina Faso Burundi, Republic of Cambodia, Kingdom of Cameroon, United Republic of Cape Verde, Republic of Cayman Islands Central African Republic Chad, Republic of Chile, Republic of China, People's Republic of Christmas Island Cocos (Keeling) Islands Colombia, Republic of Comoros, Union of the Congo, Democratic Republic of Congo, People's Republic of Cook Islands Costa Rica, Republic of Cote D'Ivoire, Ivory Coast, Republic of the Cyprus, Republic of Czech Republic Denmark, Kingdom of Djibouti, Republic of Dominica, Commonwealth of Ecuador, Republic of Egypt, Arab Republic of El Salvador, Republic of Equatorial Guinea, Republic of Eritrea Estonia Ethiopia Faeroe Islands Falkland Islands (Malvinas) Fiji, Republic of the Fiji Islands Finland, Republic of France, French Republic French Guiana French Polynesia French Southern Territories Gabon, Gabonese Republic Gambia, Republic of the Georgia Germany Ghana, Republic of Gibraltar Greece, Hellenic Republic Greenland Grenada Guadaloupe Guam Guatemala, Republic of Guinea, Revolutionary People's Rep'c of Guinea-Bissau, Republic of Guyana, Republic of Heard and McDonald Islands Holy See (Vatican City State) Honduras, Republic of Hong Kong, Special Administrative Region of China Hrvatska (Croatia) Hungary, Hungarian People's Republic Iceland, Republic of India, Republic of Indonesia, Republic of Iran, Islamic Republic of Iraq, Republic of Ireland Israel, State of Italy, Italian Republic Japan Jordan, Hashemite Kingdom of Kazakhstan, Republic of Kenya, Republic of Kiribati, Republic of Korea, Democratic People's Republic of Korea, Republic of Kuwait, State of Kyrgyz Republic Lao People's Democratic Republic Latvia Lebanon, Lebanese Republic Lesotho, Kingdom of Liberia, Republic of Libyan Arab Jamahiriya Liechtenstein, Principality of Lithuania Luxembourg, Grand Duchy of Macao, Special Administrative Region of China Macedonia, the former Yugoslav Republic of Madagascar, Republic of Malawi, Republic of Malaysia Maldives, Republic of Mali, Republic of Malta, Republic of Marshall Islands Martinique Mauritania, Islamic Republic of Mauritius Mayotte Micronesia, Federated States of Moldova, Republic of Monaco, Principality of Mongolia, Mongolian People's Republic Montserrat Morocco, Kingdom of Mozambique, People's Republic of Myanmar Namibia Nauru, Republic of Nepal, Kingdom of Netherlands Antilles Netherlands, Kingdom of the New Caledonia New Zealand Nicaragua, Republic of Niger, Republic of the Nigeria, Federal Republic of Niue, Republic of Norfolk Island Northern Mariana Islands Norway, Kingdom of Oman, Sultanate of Pakistan, Islamic Republic of Palau Palestinian Territory, Occupied Panama, Republic of Papua New Guinea Paraguay, Republic of Peru, Republic of Philippines, Republic of the Pitcairn Island Poland, Polish People's Republic Portugal, Portuguese Republic Puerto Rico Qatar, State of Reunion Romania, Socialist Republic of Russian Federation Rwanda, Rwandese Republic Samoa, Independent State of San Marino, Republic of Sao Tome and Principe, Democratic Republic of Saudi Arabia, Kingdom of Senegal, Republic of Serbia and Montenegro Seychelles, Republic of Sierra Leone, Republic of Singapore, Republic of Slovakia (Slovak Republic) Slovenia Solomon Islands Somalia, Somali Republic South Africa, Republic of South Georgia and the South Sandwich Islands Spain, Spanish State Sri Lanka, Democratic Socialist Republic of St. Helena St. Kitts and Nevis St. Lucia St. Pierre and Miquelon St. Vincent and the Grenadines Sudan, Democratic Republic of the Suriname, Republic of Svalbard & Jan Mayen Islands Swaziland, Kingdom of Sweden, Kingdom of Switzerland, Swiss Confederation Syrian Arab Republic Taiwan, Province of China Tajikistan Tanzania, United Republic of Thailand, Kingdom of Timor-Leste, Democratic Republic of Togo, Togolese Republic Tokelau (Tokelau Islands) Tonga, Kingdom of Trinidad and Tobago, Republic of Tunisia, Republic of Turkey, Republic of Turkmenistan Turks and Caicos Islands Tuvalu Uganda, Republic of Ukraine United Arab Emirates United Kingdom of Great Britain & N. Ireland Uruguay, Eastern Republic of Uzbekistan Vanuatu Venezuela, Bolivarian Republic of Viet Nam, Socialist Republic of Wallis and Futuna Islands Western Sahara Yemen Zambia, Republic of Zimbabwe

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Brexit is now a dirty word after ZERO mention in Kings Speech, claims Lib Dem MP - East Oregonian

Brexit is now a dirty word after ZERO mention in Kings Speech, claims Lib Dem MP – Delphos Herald

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State Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington Washington D.C. West Virginia Wisconsin Wyoming Puerto Rico US Virgin Islands Armed Forces Americas Armed Forces Pacific Armed Forces Europe Northern Mariana Islands Marshall Islands American Samoa Federated States of Micronesia Guam Palau Alberta, Canada British Columbia, Canada Manitoba, Canada New Brunswick, Canada Newfoundland, Canada Nova Scotia, Canada Northwest Territories, Canada Nunavut, Canada Ontario, Canada Prince Edward Island, Canada Quebec, Canada Saskatchewan, Canada Yukon Territory, Canada

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Country United States of America US Virgin Islands United States Minor Outlying Islands Canada Mexico, United Mexican States Bahamas, Commonwealth of the Cuba, Republic of Dominican Republic Haiti, Republic of Jamaica Afghanistan Albania, People's Socialist Republic of Algeria, People's Democratic Republic of American Samoa Andorra, Principality of Angola, Republic of Anguilla Antarctica (the territory South of 60 deg S) Antigua and Barbuda Argentina, Argentine Republic Armenia Aruba Australia, Commonwealth of Austria, Republic of Azerbaijan, Republic of Bahrain, Kingdom of Bangladesh, People's Republic of Barbados Belarus Belgium, Kingdom of Belize Benin, People's Republic of Bermuda Bhutan, Kingdom of Bolivia, Republic of Bosnia and Herzegovina Botswana, Republic of Bouvet Island (Bouvetoya) Brazil, Federative Republic of British Indian Ocean Territory (Chagos Archipelago) British Virgin Islands Brunei Darussalam Bulgaria, People's Republic of Burkina Faso Burundi, Republic of Cambodia, Kingdom of Cameroon, United Republic of Cape Verde, Republic of Cayman Islands Central African Republic Chad, Republic of Chile, Republic of China, People's Republic of Christmas Island Cocos (Keeling) Islands Colombia, Republic of Comoros, Union of the Congo, Democratic Republic of Congo, People's Republic of Cook Islands Costa Rica, Republic of Cote D'Ivoire, Ivory Coast, Republic of the Cyprus, Republic of Czech Republic Denmark, Kingdom of Djibouti, Republic of Dominica, Commonwealth of Ecuador, Republic of Egypt, Arab Republic of El Salvador, Republic of Equatorial Guinea, Republic of Eritrea Estonia Ethiopia Faeroe Islands Falkland Islands (Malvinas) Fiji, Republic of the Fiji Islands Finland, Republic of France, French Republic French Guiana French Polynesia French Southern Territories Gabon, Gabonese Republic Gambia, Republic of the Georgia Germany Ghana, Republic of Gibraltar Greece, Hellenic Republic Greenland Grenada Guadaloupe Guam Guatemala, Republic of Guinea, Revolutionary People's Rep'c of Guinea-Bissau, Republic of Guyana, Republic of Heard and McDonald Islands Holy See (Vatican City State) Honduras, Republic of Hong Kong, Special Administrative Region of China Hrvatska (Croatia) Hungary, Hungarian People's Republic Iceland, Republic of India, Republic of Indonesia, Republic of Iran, Islamic Republic of Iraq, Republic of Ireland Israel, State of Italy, Italian Republic Japan Jordan, Hashemite Kingdom of Kazakhstan, Republic of Kenya, Republic of Kiribati, Republic of Korea, Democratic People's Republic of Korea, Republic of Kuwait, State of Kyrgyz Republic Lao People's Democratic Republic Latvia Lebanon, Lebanese Republic Lesotho, Kingdom of Liberia, Republic of Libyan Arab Jamahiriya Liechtenstein, Principality of Lithuania Luxembourg, Grand Duchy of Macao, Special Administrative Region of China Macedonia, the former Yugoslav Republic of Madagascar, Republic of Malawi, Republic of Malaysia Maldives, Republic of Mali, Republic of Malta, Republic of Marshall Islands Martinique Mauritania, Islamic Republic of Mauritius Mayotte Micronesia, Federated States of Moldova, Republic of Monaco, Principality of Mongolia, Mongolian People's Republic Montserrat Morocco, Kingdom of Mozambique, People's Republic of Myanmar Namibia Nauru, Republic of Nepal, Kingdom of Netherlands Antilles Netherlands, Kingdom of the New Caledonia New Zealand Nicaragua, Republic of Niger, Republic of the Nigeria, Federal Republic of Niue, Republic of Norfolk Island Northern Mariana Islands Norway, Kingdom of Oman, Sultanate of Pakistan, Islamic Republic of Palau Palestinian Territory, Occupied Panama, Republic of Papua New Guinea Paraguay, Republic of Peru, Republic of Philippines, Republic of the Pitcairn Island Poland, Polish People's Republic Portugal, Portuguese Republic Puerto Rico Qatar, State of Reunion Romania, Socialist Republic of Russian Federation Rwanda, Rwandese Republic Samoa, Independent State of San Marino, Republic of Sao Tome and Principe, Democratic Republic of Saudi Arabia, Kingdom of Senegal, Republic of Serbia and Montenegro Seychelles, Republic of Sierra Leone, Republic of Singapore, Republic of Slovakia (Slovak Republic) Slovenia Solomon Islands Somalia, Somali Republic South Africa, Republic of South Georgia and the South Sandwich Islands Spain, Spanish State Sri Lanka, Democratic Socialist Republic of St. Helena St. Kitts and Nevis St. Lucia St. Pierre and Miquelon St. Vincent and the Grenadines Sudan, Democratic Republic of the Suriname, Republic of Svalbard & Jan Mayen Islands Swaziland, Kingdom of Sweden, Kingdom of Switzerland, Swiss Confederation Syrian Arab Republic Taiwan, Province of China Tajikistan Tanzania, United Republic of Thailand, Kingdom of Timor-Leste, Democratic Republic of Togo, Togolese Republic Tokelau (Tokelau Islands) Tonga, Kingdom of Trinidad and Tobago, Republic of Tunisia, Republic of Turkey, Republic of Turkmenistan Turks and Caicos Islands Tuvalu Uganda, Republic of Ukraine United Arab Emirates United Kingdom of Great Britain & N. Ireland Uruguay, Eastern Republic of Uzbekistan Vanuatu Venezuela, Bolivarian Republic of Viet Nam, Socialist Republic of Wallis and Futuna Islands Western Sahara Yemen Zambia, Republic of Zimbabwe

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Brexit is now a dirty word after ZERO mention in Kings Speech, claims Lib Dem MP - Delphos Herald