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Thursday, 14 December 2017

Brexit will be a "furious race against time"

Brexit will be a "furious race against time"
- It was a reminder of how precious a commodity trust is in the talks, which so far have reached agreement only on Britain's outstanding EU bill, the joint EU-U.K. border in Ireland and citizens' rights in each other's countries. "We only have 10 months left to determine the transition period and our future ...

Brexit trade deal involves confronting Brexiteer taboos

Brexit trade deal involves confronting Brexiteer taboos
- It remains unclear, however, how the “no hard border” promises about Ireland, dependent as they are on the shape of an EU-UK trade deal, will be formulated in such a treaty – the treaty needs to be approved before Brexit, but the EU can only embark on “framework” discussions on trade by then.

Brexit and the eurozone

Brexit and the eurozone
- The issues of Brexit and the eurozone — which will dominate this week's EU leaders' summit — make that clear. At this moment in the Brexit negotiations, Ireland outranks even Germany and France because it will be hit hardest and other EU countries cannot force it to live with an outcome that threatens ...

May defeated in Parliament over Brexit blueprint as lawmakers push through changes

May defeated in Parliament over Brexit blueprint as lawmakers push through changes
- In June, she gambled on a snap election to strengthen her party's majority in the 650-seat Parliament but instead bungled her campaign and ended up with a minority government propped up by the 10 votes of a small, pro-Brexit Northern Irish party. Since then she has struggled to assert her authority ..

Guinness owner warns that hard Brexit will cost 'tens of millions'

Guinness owner warns that hard Brexit will cost 'tens of millions'
- Diageo has said Brexit could cost it tens of millions of pounds if Britain does not replicate the EU's trade deals with other countries for Scotch whisky and keep an open border in Ireland, where it makes Guinness stout and Baileys liqueur.

Democratic Unionists are the biggest Brexit losers

Democratic Unionists are the biggest Brexit losers
- The biggest loser in the Brexit fallout was the Democratic Unionist Party (DUP), which had held up agreement between the Irish government and the British prior to the historic acceptance of a soft border by both countries last Friday. Prior to the agreement, the DUP threatened to bring down the British ...

How to Avoid the Worst Possible Brexit

How to Avoid the Worst Possible Brexit
- Tentative agreement has been reached on the settlement of U.K. liabilities, the status of EU citizens in Britain, and the future of Ireland's border with Northern Ireland. That last question, in particular, is by no means solved, but EU negotiators have rightly decided not to let it hold things up any further.

Ireland and France set to dictate future of Britain

Ireland and France set to dictate future of Britain
- After striking a Brexit divorce deal late last week, Mrs May will be hoping European leaders will back an agreement to move talks on to a second phase. However, the summit comes at a time when Europe's power balance is shifting. Angela Merkel, the German chancellor who has enjoyed almost ...