Posted on 12/21/2016 7:24:09 AM PST by Olog-hai
The threat of Brexit is delivering a Christmas bonanza to Northern Ireland, where the thousands visiting daily from the euro-using Republic of Ireland are finding bargains driven by the battered pound.
In the malls of Newry, a Northern Ireland town barely 5 miles (8 kilometers) from the United Kingdoms only land border with a European Union partner, the surge in cross-border holiday shopping underscores how far the British currency has fallen amid anxiety over the countrys promised EU exit.
While the euro is unusually weak against the resurgent dollar, the pound is far weaker, boosting price differentials on most goods. Thats been the case since June, when a majority of British voters including 44 percent of those in Northern Ireland shocked pollsters by voting to leave the worlds largest economic union. The pound since has endured a precipitous fall and today is worth less than 1.20, about 15 percent less than a year ago.
(Excerpt) Read more at hosted.ap.org ...
I keep thinking I should order some Blu-rays or DVDs from the UK with the pound worth about $1.25 now. Just can’t think of anything to order.
Don't forget to order a player as well. DVD's from the UK
and the rest of Europe don't play on American machines.
Oh, I've been region-free for years. Currently I play my foreign DVDs and Blu-rays with an Oppo BDP95 that has a hardware mod to make it region free. And my Sharp Aquos TV plays all formats - HD, NTSC, PAL, etc.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.