British Queen Dissolves Parliament Starts Election

The Queen of England kicked off a month of campaigning for the U.K.’s general election Monday, when U.K. Prime Minister David Cameron visited her at Buckingham Palace to ask her to dissolve parliament ahead of the election on May 7.

Speaking outside his residence, Number 10 Downing Street, following the visit , the prime minister told voters that they face a “stark” choice in 38 days when the polls open between his Conservative party or Labour, the center-left opposition party under by Ed Miliband.

“You can choose an economy that grows, that creates jobs, that generates the money to ensure a properly funded and improving (state health service) NHS …and a Government that will cut taxes for 30 million hardworking people. Or you can choose the economic chaos of Ed Miliband’s Britain.”

He also stressed his party has presided over a period of economic prosperity in the U.K., although critics have made much of the fact that the drop in oil price has been a boon to the economy.

via CNBC

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza