Brexit Thread V - The Final Countdown?!?

[Hrothbern]

They have control of some ports for a few decades, including peireus. Good for them and better them than some eu garbage.

China support was 280 Million Euro by investments in Piraeus.
Nothing wrong with that.
Giving China the signal that they can buy off their abuse on human rights wrong.

Against that one time only 280 Million Euro:
Tuesday June 13 2017: The EU grants another 8.5 Billion bail out loan, saving for Greece the yearly interest cost of 6% on 8.5 Billion of 510 Million Euro. That 6% was the international market interest for Greece bonds at that time. Compared to rates South American countries pay pretty decent. And the interest Greece does pay theoretically to the ECB (in the contract) is given back in tranches to Greece if the reforms continue => no effective cost.
Sunday June 18 2017: Last minute Greece veto on the EU human right declaration for the UN. It was the first time ever that the EU failed to bring forward a declaration due to the UN.

So what do we have ?
1. Between the choice who to support, China or the EU, based on immaterial China loyalty vs EU loyalty + human rights grounds: that one time 280 Million, that China loyalty, was for Greece more important than a yearly saving of 510 Million + EU and human rights loyalty ???
2. That last minute veto came 5 days after collecting that 510 Million yearly benefit.
3. EU money is garbage

 

[Kyriakos]

Sorry, i will start mourning for the eu then.

 

[Hrothbern]

London City et al continue their process to move what is minimal necessary to overcome the first phase of the bare bone scenario, including moving more than 10% of the UK banking assets:

LONDON (Reuters) - More than 275 financial firms are moving a combined $1.2 trillion (£925 billion) in assets and funds and thousands of staff from Britain to the European Union in readiness for Brexit at a cost of up to $4 billion, a report from a think tank said on Monday.
The report by the New Financial think tank, one of the most detailed yet on the impact of Brexit on financial services, said Dublin alone accounted for 100 relocations, ahead of Luxembourg with 60, Paris 41, Frankfurt 40, and Amsterdam 32.
Nearly 90 percent of all firms moving to Frankfurt are banks, while two-thirds of those going to Amsterdam are trading platforms or brokers. Paris is carving out a niche for markets and trading operations of banks and attracting a broad spread of firms.
New Financial identified 5,000 expected staff moves or local hires, a figure that is expected to rise in coming years.
A better measure of Brexit’s impact is the scale of assets and funds being transferred, it said. [that 10%]

https://www.reuters.com/article/uk-...-finance-intensifies-think-tank-idUSKBN1QS00B

EDIT
perhaps good to put that 10% move of banking assets in perspective.
That moved activities will be roughly 10% as well, a fair assumption.
From this overview report: http://www.europarl.europa.eu/RegData/etudes/BRIE/2016/587384/IPOL_BRI(2016)587384_EN.pdf
The UK Financial sector had in 2015 GBP 200 Billion turnover of which 50% was for the UK domestic market, 30% for the EU market and 20% for the global market.
That 30% was around 24% market share in the EU market.
=> Moving that 10% to the EU, means that the UK has still 20% left in the UK for EU business, with an 16% market share in the EU.

 

[EnglishEdward]

It is quite literally the «Agreement on the withdrawal of the United Kingdom of Great Britain and Northern Ireland from the European Union and the European Atomic Energy Community», and was negotiated by Prime Minister Theresa May's Government of the United Kingdom of Great Britain and Northern Ireland.

The title of the document is irrelevant.

I could go outside and paint Mosquito on the side of my car,
but that doesn't turn it into an old wooden aircraft.

 

[AmazonQueen]

56% of those in NI voted to Remain.
Of those who voted for Brexit in NI 87% (according to a recent poll) believe the collapse of the peace process is an acceptable price for Brexit.
Since the 2017 election May has been dependent on and subservient to the representatives of that minority

 

[Arakhor]

I could go outside and paint Mosquito on the side of my car,but that doesn't turn it into an old wooden aircraft.

It would still be your car though, no matter how much you might hate it.

 

[Silurian]

@EnglishEdward I would like to drive a Mosquito.

 

[Hrothbern]

but that doesn't turn it into an old wooden aircraft

It was one of the best aircrafts ever build
perhaps even better than the already formidable Spitfire

 

[uppi]

It is not May's deal and it is not a Withdrawal Agreement.

There is some merit in the argument that this is not a full withdrawal agreement, because some of the most important questions are just delayed instead of answered.

But this is certainly May's deal. It is the direct result of her politics. She is the main person responsible for this deal to have the form it has. It is certainly not what May wanted, but most of that can be blamed on her negotiation strategy (or lack thereof).

 

[Lexicus]

56% of those in NI voted to Remain.
Of those who voted for Brexit in NI 87% (according to a recent poll) believe the collapse of the peace process is an acceptable price for Brexit.

Now those are highly interesting figures. I wonder what the implications are.

 

[GoodSarmatian]

Now those are highly interesting figures. I wonder what the implications are.

One wonders if some of those lunatics wanted to stir up troubles and have an excuse to leave the UK.

 

[Cheetah]

I heard May rushed to the airport and flew to Brussels for a new meeting at nine tonight.

nth time's the charm?

 

[Hrothbern]

I heard May rushed to the airport and flew to Brussels for a new meeting at nine tonight.

nth time's the charm?

IDK
It's at eight GMT and word is even that a statement could follow at nine GMT in both Brussels as in the Commons.

 

[Traitorfish]

Now those are highly interesting figures. I wonder what the implications are.

Protestants, man.

 

[tjs282]

One wonders if some of those lunatics wanted to stir up troubles and have an excuse to leave the UK.

The Leave-voters in NI were/are primarily Unionists, i.e. the DUP and their political allies on the Protestant side. Just to confuse foreigners, 'Unionist' in this context means "the people who want to be/remain part of the UK", so no, these folks absolutely do not want an excuse to leave the UK.

(That would rather be the 'Republicans' -- primarily Catholics, who would prefer that the 6 counties of NI be reunited with the Republic of Ireland; or failing that, that NI -- i.e. the UK -- at least Remains within the EU).

As for stirring up troubles? Well, from the DUP's PoV, it would only be (more) Troubles for the Catholics (who tend to live along the border areas and will thus be the most inclined to resist any attempts to police a hard border), so no, they certainly wouldn't have a problem with that, either...

 

[really]

One wonders if some of those lunatics wanted to stir up troubles and have an excuse to leave the UK.

Wrong end of the stick - though I'm sure some nationalists voted leave for mischief.

At the risk of painting a lot of people with the same brush: the typical DUP voter opposed the good Friday agreement (the army should have kept fighting the terrorists, the DUP only got involved in the assembly once they became the biggest party) and backed Brexit (let's make Britain great again).

Basically everyone else backed remain (moderate unionists, neutrals, nationalists)

 

[Arakhor]

What an idiot. The Attorney General's latest comments in the Daily Fail rather suggest (if we didn't already know that) that large portions of the Government have no desire to negotiate in good faith with the rest of the EU.

A Cabinet minister is saying in Parliament right now that the Prime Minister has secured legally-binding changes to the backstop, which provides "confirmation that the EU cannot trap the UK in the backstop indefinitely". Naturally, he can't produce any actual evidence of this as negotiations are apparently still continuing. Is there anyone left in this country who still takes the Government's word on anything right now?

Said minister apparently said that MPs face a choice: "Vote for an improved deal or plunge this country into a political crisis". The Shadow Brexit secretary, Sir Keir Starmer, has noted that the minister didn't say that the words of the withdrawal agreement are actually being changed. "It doesn't sound likely that is going to happen," he said.

So, more lies and spin, just hours before the crucial vote. Pathetic.

 

[Takhisis]

just hours before the crucial vote.

Hey, you still have eighteen days left!

Of course, since legislatures tend to hold actual sessions once a week(-ish) they can just move the goalposts again.

They have control of some ports for a few decades, including peireus. Good for them and better them than some eu garbage.

Given that China is an actual genocidal one-party state that wants to profile every single one of its citizens and record every single moment of their lives and institutionalise the concept of thoughtcrime and tries to foment such practices among its ‘allies’, I'd say that China is not better than the EU.

 

[innonimatu]

A Cabinet minister is saying in Parliament right now that the Prime Minister has secured legally-binding changes to the backstop, which provides "confirmation that the EU cannot trap the UK in the backstop indefinitely". Naturally, he can't produce any actual evidence of this as negotiations are apparently still continuing. Is there anyone left in this country who still takes the Government's word on anything right now?

Said minister apparently said that MPs face a choice: "Vote for an improved deal or plunge this country into a political crisis". The Shadow Brexit secretary, Sir Keir Starmer, has noted that the minister didn't say that the words of the withdrawal agreement are actually being changed. "It doesn't sound likely that is going to happen," he said.

So, more lies and spin, just hours before the crucial vote. Pathetic.

Yes by now everyone assumes the government is lying. I really don't see May getting the agreement passed.

So the real question is will she ask for an extension? Will the brexiteer tories overthrow the government (will labour go along?) and lock in an exit without agreement? I thought may could survive this and come out as PM. Now I'm not so sure.

If Parliament passes a no confidence motion, who decides whether there will be new elections? I guess Parliament also, depending on whether it withdraws the motion in week's time or not. And a week would be too little to paralyze the government until brexit day. I guess they do have to go all the way to cause a new election if May tries to postpone. How badly burned do they think Labour is now?

A lot of intrigue going on in London, interesting times...

 

[Kyriakos]

Hey, you still have eighteen days left!

Of course, since legislatures tend to hold actual sessions once a week(-ish) they can just move the goalposts again.

Given that China is an actual genocidal one-party state that wants to profile every single one of its citizens and record every single moment of their lives and institutionalise the concept of thoughtcrime and tries to foment such practices among its ‘allies’, I'd say that China is not better than the EU.

China isnt hated here, is all. And lets not pretend that several eu countries dont do deals with terrible regimes. Remember turkey?