QUEST: The parent company of British airways is trimming growth expectations and says Brexit uncertainty is hurting bookings. IAG is also pointing to the Brussel's terror attacks has taken a toll on the business. IAG still reported operating profits of $177 million in this last quarter compared to $28 million in the year before. Those figures exclude Aer Lingus, which reports last August. The Organization for Economic Cooperation and Development, the OECD, has issued a stark warning to the UK's pro-Brexit camp. It now says if Britain leaves, economic uncertainty will increase and Britons will face a Brexit tax. The OECD says declines in GDP would across the equivalent of $3200 for each British household by the end of the decade. And that will rise to 4 1/2 thousand by 2030. The Vote Leave campaign has slammed the OECD saying there's no reason to what they called the doom laden projections and predictions. One man claims to have released a pamphlet offering impartial advice. It's more than a pamphlet, it's a book. It's called, "Britain's Decision: Faxon Impartial Analysis for the EU Referendum on June 23." It's 126 pages, it's my weekend reading, which I will be going through to see what it says. This has been written by the Scottish billionaire and published by Tom Hunter. I asked him how both sides crunching the numbers to their advantage.
Brexit, Brussels Terrorism Hurting Demand