World view – Wednesday

Tuesday GMT

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For posting on events, news, opinions and anything of interest from around the world.

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8 Comments

  1. Missy

     /  13th March 2019

    As reported yesterday Theresa May did a quick trip to Strasbourg to meet with Juncker (other EU Presidents were also in attendance, along with their Brexit team). At the end of the meeting an agreement was made, and this came out in two statements – one a joint statement, and the second a unilateral statement by May.

    Theresa May’s statement outlined what the UK’s understanding of the backstop was, that it is temporary and not a permanent solution. May’s statement also says that if the EU fails to come to an agreement to remove the backstop, then the UK would consider that the backstop had become de facto permanent. This means the UK will have the right to take the EU to the joint arbitration mechanism, it does not mean the UK has a unilateral exit mechanism, nor does it provide a fixed time limit – the two things the House of Commons asked May to try and get if she could not get the backstop removed.

    The joint instrument is an 18 point statement which clarifies the commitments both sides make to each other, without changing the Withdrawal Agreement. this interprets how the EU and UK would handle the backstop if it ever came into force. This agreement contains legally binding assurances as opposed to being part of the Withdrawal Agreement, and falls short of what some want.

    This morning the Brexit supporting MPs were cautious about the agreements reached last night, all saying they wanted time to read, digest, and analyse the agreement, some stating they would wait for the Attorney General’s legal advice on it before making a decision, and many in the ERG saying they will defer a decision until they had spoken to the DUP.

    The AG’s advice was published at around 1130 this morning, and states that the agreement does not change anything as the UK could still find itself trapped in the backstop with no way out. The DUP and Brexiteers have rejected the agreement based on the AG’s advice.

    What was looking hopeful this morning for Theresa May is now looking like another disaster for her in the Commons, with some MPs saying she cannot stay in position if she loses again and others saying she needs to call a General Election when she loses the vote. The vote is set down for 7.00pm tonight.

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  2. Missy

     /  13th March 2019

    Reply
  3. Missy

     /  13th March 2019

    Who would have thought??? A NZ-EU FTA probably won’t happen by the end of the year.

    I said that when the Trade Minister first claimed there would be an agreement within two years.

    Have the NZ Govt been watching the Brexit negotiations? Have they taken notice of Yanis Varoufakis, who says the EU do not negotiate, they tell you what they want and then expect you to take it.

    This is no surprise to me.

    Reply
  4. Blazer

     /  13th March 2019

    meanwhile the TAX debate…the rich do not want..

    Reply
  5. Blazer

     /  13th March 2019

    more from ‘Shipley’s…believe it…or…not’

    ‘As Justice Cooke noted, it is clear that Yan and the other Richina Pacific shareholders have benefited very substantially from using Mainzeal’s funds. They still have an A-class land asset in Shanghai worth an estimated US$700m.

    Mainzeal directors have trashed reputations and the construction firm’s creditors have been screwed.

    It is not too late to put pressure on the Chinese authorities to compel Richina to disgorge the loans to the NZ liquidators of Mainzeal.’🎯

    https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12210975

    Reply
  6. High Flying Duck

     /  13th March 2019

    For all you “Hillary did nothing wrong – look at the lack of charges” people:

    Reply

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