Cameron Wastes No Time Negotiating A New EU Membership For The UK


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


Just days after being re-elected in a close-call vote, British Prime Minister David Cameron said he's already begun the process of renegotiating the UK's membership in the EU. One of Cameron's campaign promises was to hold a referendum on the region's EU membership once he'd negotiated a better deal for British people. However some members of his party are pushing to move the vote forward.A New DealCameron has already gotten in touch with several EU leaders to begin discussing new membership terms. He is set to meet with French President Francois Hollande and his Irish counterpart Edna Kenny in the coming weeks to discuss the issue. Cameron, along with the majority of British people, wants to remain a part of the eurozone; but he says certain aspects of membership will need to be revised. He says he will need until 2017 to negotiate, but some members of his Conservative party are pushing for a referendum vote in 2016.Immigration At The ForefrontOne of the hot button issues in the EU debate is immigration as current laws allow for the free movement of people within the EU. Most EU leaders say this part of the treaty is non-negotiable, but Cameron is looking to make it harder for citizens of one EU nation to collect welfare benefits in another, an initiative likely to garner support from wealthy nations like Germany. The recent influx of refugees and asylum seekers to Europe is also putting pressure on Cameron as may of the British people don't want to take them in as it would put further pressure on taxpayers.Referendum ContagionWhile most don't expect the UK to leave the EU, the renegotiation of its membership could reignite a wave of anti-euro sentiment across the bloc. With many eurozone nations suffering from high unemployment and slow growth, there could be a push for other lawmakers to follow in Cameron's footsteps and try to work out a better deal for their country.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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Posted In: NewsEurozonePoliticsGlobalMarketsGeneralPrime Minister David Cameron