Author Topic: The Brexit  (Read 14643 times)

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Offline Johnnie F.

Nigel Farage on May 16 to the Mirror: “In a 52-48 referendum this would be unfinished business by a long way. If the remain campaign win two-thirds to one-third that ends it.” Sad, he doesn't want to hear of that threshold set by himself anymore. ;)
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Offline thaiga

I wonder how it will effect the British expats in thailand - here's a piece from ctvnews.ca  Dawson, a 51-year-old Englishman who has lived in Spain since the 1990s, admits the decoupling of Britain from the EU other 27 member nations has him spooked.

His future is suddenly uncertain.

 "We're very scared because I've been here 23 years. I've got my house, my kids were born here, they went to a British-Spanish school, I've got a bar, I've got a lot to lose," Dawson said at his pub, which was decked out with the red-and-white English flags featuring the St. George's Cross.

EU leaders are due soon to begin unprecedented -- and knotty -- negotiations on how to extricate the U.K. from the bloc. Crucially for British expatriates, EU laws stipulate that the bloc's citizens have the same rights as those nationals in any other member nation.

Nobody is saying what the rights of Britons living in the EU might be in a future outside the bloc. Dawson worries about losing his entitlements in Spain, which is part of the EU.

"We don't know how we're going to be now," he said. "We might have no pension. We might have no medical. We may have to sell our properties. We've lived here for a lot of years. We don't know how it's going to affect us anymore."
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Offline thaiga

Re: Brexit - will the impact be shortlived
« Reply #62 on: June 27, 2016, 04:36:34 PM »
Vote ructions shortlived, British tourists, expats say

British expats can see no immediate effects from Brexit. However, they say Thailand now may look a more appealing retirement option than Europe for those looking to retire outside their home country.

Simon Landy, vice-chairman of the British Chamber of Commerce Thailand, said Brexit may have an impact on Britons looking to retire outside of the UK. In that case, Thailand could be a good option. About 1.2 million British citizens live in the EU.

Thailand offers many things that appeal, such as a low cost of living. "The only real disadvantage is distance. So for people who are looking to spend several months or a year in a friendly, welcoming, warm climate, Thailand is very attractive," he said.

"Much will depend on the nature of the settlements which the UK makes with the EU,'' said Mr Landy, who is also executive chairman of Colliers International Thailand.

Justin Moseley, managing director of Consortium UK, said he is "delighted" by Brexit, citing the difference in culture, language and laws.

"We don't know exactly what's going to happen, but I don't think it would make much difference," said Mr Moseley, who has lived in Thailand for 23 years.

He added that while more Britons might come to Thailand to retire, he is "embarrassed about the behaviour of some of the people who retire here now".

George McLeod, a manager at PricewaterhouseCoopers, said one negative impact of Brexit will be the weakening of the pound, which fell to a 31-year-low against major currencies. However, the impact will be shortlived.

The negotiations over Britain's status in the EU would involve many checks and balances, and Britain would not isolate itself from its biggest trading partners.

Dominic Faulder, a foreign correspondent and author, said he didn't expect any significant effects of Brexit, apart from concerns that it would restrict the options of his children if they wanted to work in Europe.

full story bangkokpost.com
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Offline Johnnie F.

Britain got kicked out of the Euro Cup by Iceland 2:1, but worst is, that the fans who came had to pay 12% more for the beer needed after that, thanks to BREXIT vote's aftermath.

After 50 years S&P downgraded Britain from AAA to AA and set the outlook to negative, which means Britain will have it harder to borrow money they need to restructure their country.

Brits with Irish ancestry or born in Northern Ireland before 2005 are rushing to get Irish passports. Brits residing in EU countries also rush to apply for citizenship of those countries: British EU officials in Brussels applying for Belgian citizenship etc..

https://www.youtube.com/watch?v=BIbVLrX6zIU


But as long as British politicians have not submitted their article 50 intend to leave the EU there is status quo, i. e. Britain still a member of the EU. Brit politicians now seem in no hurry to do what they promised their electorate (scared EU with).
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Offline Johnnie F.

Tax rises and spending cuts will be needed to deal with the "shock" to the UK economy caused by leaving the EU, Chancellor George Osborne has said.

"We are absolutely going to have to provide fiscal security to people, in other words we are going to have to show the country and the world that the country can live within its means."

Asked if that meant tax rises and spending cuts, he said: "Yes, absolutely. But that decision will come under a new prime minister - it's obviously not possible while the Conservative Party is having a leadership contest."

BBC.com

Hopefully they do not start with the "old gits", making them liable by cutting their pensions first.  :-[
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Offline thaiga

Re: A Brexit won't happen in the end - Here's why
« Reply #65 on: June 29, 2016, 03:38:47 PM »
The independent.co.uk. seems to think -  A Brexit won't happen in the end - Even though people voted for it - a few points (below) why they think it won't happen. Already many people who voted out are already feeling a bit betrayed as certain fundamental truths sink in. Most important to people is the value their homes, which is where most people’s wealth is stored.

Here are the reasons, in some sort of logical order, why Brexit won’t happen:

The margin for Leave was pretty small, in reality, and so the mandate is weak. Most countries have a constitutional convention that big changes have to command a two-thirds vote in a legislature or referendum, and this was nowhere near it. In the early 1970s, when Ted Heath took us in (without a referendum), the phrase used by him was that he needed the “full-hearted consent” of the British people to take such a momentous decision. It probably wasn’t there in 1971-72, but it certainly isn’t there now. Some Brexiteers are suffering profound regret, and we may as well acknowledge that, such is the gravity of the situation. They do not want to wait the many years, perhaps decades it will take for Brexit to be the better option for them and their families (ironically it is the young who have time on their side to enjoy the post-Brexit future, but I won’t press that point).

Voters don't actually get to decide

We live in a democracy where Parliament is sovereign. That means that only Parliament can give effect to the will of the people.   David Lammy's idea that Parliament can just ignore the referendum is going too far, but it is true that Parliament's job is to decide what to do next. So what shall we do next?

The EU has too much to lose

Whoever takes over from David Cameron will, as recent events show, be under intense pressure not to press the exit button and activate “Article 50”, which puts us more or less on the escalator out. He or she may well be tempted to go back to Brussels and ask for a better deal within the EU.

If they had any sense – and Angela Merkel does – the European leaders will see the danger of Brexit contagion and offer the British, and the wider Eurosceptic movement across Europe, something that recognises people’s concerns, meaning probably some brakes on migration. This, on top of what David Cameron managed to secure, could form the basis for a second referendum choice – Brexit or the “New Deal”. Of course the EU’s establishment should have given that to Mr Cameron in the first place, but, as they say, we are where we are. I notice this is basically the suggestion now being put about by Jeremy Hunt; it will gain a lot of support outside Ukip, I suspect.

Hardly any Tories want to leave - including Boris Johnson

It will be highly attractive for whoever does succeed David Cameron to be seen as the leader who at last settled the European issue to Britain's satisfaction for ever. Theresa May, after all, is a Remainer, albeit reluctant, so we see where her instincts lie. Boris Johnson, let us recall, also first advocated voting Leave as a way for Britain to go back and get a better deal in his earliest intervention in the campaign, just after he declared for Leave. I quote, then, from an article Boris wrote, published on 16 March (I’ve retained the stuff about the economy, which is also of interest: “There is only one way to get the change we need, and that is to vote to go, because all EU history shows that they only really listen to a population when it says No… It is time to seek a new relationship, in which we manage to extricate ourselves from most of the supranational elements.

“The people who run the various EU institutions – whom we like to ply with crass abuse – are, in my experience, principled and thoughtful officials… They just have a different view of the way Europe should be constructed. I would hope they would see a vote to leave as a challenge, not just to strike a new and harmonious relationship with Britain (in which those benefits could be retained) but to recover some of the competitiveness that the continent has lost in the last decades.”
Some of Boris’ Tory colleagues think he didn’t believe a word of what he was saying in the campaign, and that the whole thing was just a vehicle for his ambition. Hence, perhaps, his confused flip-flopping on whether he wants us in the Single Market.  If so, then one can see him executing an almighty U-turn in about six months’ time and recommending a Remain vote with him leading the opposite campaign to the one just gone. He has the shamelessness, ambition and dexterity to do just that, in true Churchillian style.

A general election will change everything

If there is a general election and Labour get in (strange as it may be) maybe with SNP and Lib Dem support, they will not want to apply to leave the EU formally without going back to Brussels for a deal. Indeed they would be quite desperate to do so and would claim the general election result gave them a mandate for that. We’d almost certainly have a second referendum then, and probably a narrow Remain win.

We all know that if there was a referendum on holding a second referendum, the people would be in favour of having another vote. It is certainly the general view in Parliament, and of course we now have the Scottish and Irish dimensions to the problem now crystallising, as well as economic realities. People want to think again, and the politicians have a duty to let them.

independent.co.uk
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Offline Johnnie F.

Well, Boris Johnson has decided not to become PM, not to pick up the pieces, not to help putting the spirits he called back into the bottle.

Looks like banks have put daily limits on international transfers. Might be a problem for some expats to get their pensions over here. And it might cost more due to minimum fees.
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Offline thaiga

Re: Brexit protesters take to streets of London
« Reply #67 on: July 02, 2016, 04:04:50 PM »
Brexit protesters take to streets of London

Crowds are set to march through London on Saturday in protest against Britain's vote to leave the EU, which has plunged the government into political turmoil and left the country deeply polarised.

Demonstrators plan to gather on Park Lane around 11am (5pm Thailand time) before making their way towards the Houses of Parliament, in the second show of public anger this week over the shock results of the referendum.

"We can prevent Brexit by refusing to accept the referendum as the final say and take our finger off the self-destruct button," said organiser Keiran MacDermott on the march's Facebook page.

"Let's not leave the next generation adrift... Let's march, let's protest, and let's stop Brexit."

Inside the halls of power, the favourites to succeed Prime Minister David Cameron in the ruling Conservative Party have been pushing for a delay in starting the process that will see Britain leave the 28-member European Union.

Contender Michael Gove said Friday he had "no expectation" that Article 50 -- the formal procedure for leaving the EU -- would be invoked this year, echoing similar comments from his frontrunner rival Theresa May.

But EU leaders have called for a swift divorce, fearful of the impact of Britain's uncertain future on economic growth and a potential domino effect in eurosceptic member states.

"The decision has been taken, it cannot be delayed and it cannot be cancelled," said French President Francois Hollande Friday, on the sidelines of Battle of the Somme centenary ceremonies.

A speedy Brexit "would avert all the uncertainties and instability, especially in the economic and financial domains," he said. "The faster it goes, the better it will be for them."

Last week's shock vote plunged financial markets into crisis, wiping trillions off equities around the world and sending the pound to its lowest point in more than three decades against the dollar.

Bank of England chief Mark Carney hinted on Thursday he could unleash monetary stimulus this summer, saying that the economic outlook had "deteriorated" since Britain voted to leave the EU.

In further signs of the fallout, the government warned it would likely abandon its promise to achieve a budget surplus by 2020, while no-frills airline EasyJet announced contingency plans to protect its European operations.

'Liars, liars'

The vote to leave the EU was deeply split. Voters in Scotland, Northern Ireland and the capital London backed remaining, while the 52% that chose to leave were largely from less affluent areas in England and Wales.

The narrow victory has triggered anger in Britain among those who wanted to remain in the EU and more than four million people have signed a petition calling for a second referendum.

Thousands gathered in London's Trafalgar Square on Tuesday, defying pouring rain to vent their anger at the result of the June 23 referendum as they marched towards Westminster.

"Liars, liars!" booing crowds shouted outside parliament, urging lawmakers to "do your job, vote it down!"

A poll for BBC's Newsnight programme found that 16% of voters think Britain will stay in the bloc, and 22% said they do not know if it will leave.

Home Secretary May, who is expected to take over from Cameron in September after signing up dozens of MPs to her campaign, has assured "Leave" supporters she will respect the result.

In the coming days, Conservative MPs will whittle down the candidates to two in a series of votes and the rivals will then tour the country to appeal to some 150,000 party members for their vote.

Gove, who torpedoed fellow anti-EU campaigner Boris Johnson's leadership hopes on Thursday, cast doubt on whether May could lead the country out of the EU after supporting a "Remain" vote.

"The best person to lead Britain out of the European Union is someone who argued to get Britain out of the European Union," he said.

"I will end free movement (of EU nationals), introduce an Australian-style points-based system for immigration, and bring numbers down."

Bangkokpost
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Offline thaiga

Tens of thousands of Britons marched across the capital on Saturday

From London, with love: tens of thousands rally against Brexit vote
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Offline Johnnie F.

Now Nigel Farage resigns as Ukip leader after 'achieving political ambition' of Brexit. The third time already! Anybody shedding tears?

And George Osborne wants to cut corporation tax to keep companies from leaving the island/sinking ship, presumably expecting the EU to praise him for doing just the opposite of what they're strongly enforcing and then give GB after Brexit best conditions for trade with the EU. What's wrong with British politicians? Did they all loose their minds? And will investors risk more investments upon such a "stabilizing", or better nonsensical, move, that can only lead to a tax raise again in future?

Though she is not supposed to interfere with politics, maybe the Queen should have a word now.
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Offline Johnnie F.

Investors in Standard Life’s property funds have been told that they cannot withdraw their money, after the firm acted to stop a rush of withdrawals following the UK’s decision to leave the EU. (guardian)

NEWSFLASH: Aviva, the savings and investment group, has suspended redemptions from its £1.8bn property fund.

It took the decision following the Brexit vote, which triggered a surge of requests from investors to pull their money out of its UK Property Trust. (guardian)

...and the Pound went down further!



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Offline thaiga

Re: Sterling falls to new low against the dollar in Asia trade
« Reply #71 on: July 06, 2016, 12:24:35 PM »
Sterling falls to new low against the dollar in Asia trade

The pound has hit a new low in Asian trading as concerns about the UK's vote to leave the European Union continue to weigh on investor confidence.

It touched $1.2798 against the dollar on Wednesday, which is a 31-year low.

US government bond yields also fell to record lows as investors rushed to put money in perceived safe havens.

The falls follow decisions by fund managers, including Standard Life and Aviva, to stop investors withdrawing money from their UK property funds.

They said the high levels of uncertainty caused by the referendum had led to investors rushing to pull their money out.

Investor confidence was further undermined by the Bank of England's warning on Tuesday that there was evidence some of the risks it identified related to Brexit were already emerging.

Asian markets

Meanwhile, Asian stock markets are falling due to the renewed Brexit concerns.

Japan's benchmark Nikkei 225 has dropped nearly 3% and the broader Topix has shed 2.6% as the yen, another safe haven investment, strengthened against the US dollar.

South Korea's Kospi fell 2% and Australia's S&P/ASX 200 index is down 1.4%.

Hong Kong's Hang Seng fell 1.9% and the Shanghai Composite is 0.4% lower.

Indonesia, India, Singapore, Malaysia and the Philippines stock markets are closed for holidays.

more here bbc.com
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Offline thaiga

Re: Brexit wins - A female PM for the UK
« Reply #72 on: July 08, 2016, 12:11:21 PM »
The UK's Home Secretary Theresa May has come out on top in the Conservative Party leadership contest, with 199 votes. Her victory was predicted in polls ahead of the second-round ballot.

A female PM for the UK: Gove eliminated from Conservative Party leadership race
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Online Taman Tun

I wonder why Boris dropped out? There he was with the ball in front of an open goal and for some reason he just walked off the pitch.  There must be some scandal to be revealed.  Boris is well known for his womanizing but some politicians can get away with it.  Boris and Kennedy to name but two.  Whatever the scandal their political reputations are undamaged.  On the other hand Clinton could not survive a quick gobble.  I can only think that a photo exists of Boris in bed with two boys.
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Online KiwiCanadian

I wonder why Boris dropped out? There he was with the ball in front of an open goal and for some reason he just walked off the pitch.  There must be some scandal to be revealed.  Boris is well known for his womanizing but some politicians can get away with it.  Boris and Kennedy to name but two.  Whatever the scandal their political reputations are undamaged.  On the other hand Clinton could not survive a quick gobble.  I can only think that a photo exists of Boris in bed with two boys.

The rumor I heard was that his campaign manager (the link to Boris's money people) stabbed him in the back and decided to run himself, so Boris has no campaign money.
 

Online Taman Tun

KC that rumor does not hold water. Boris has loads of money
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Offline thaiga

Re: Britain’s new leader May seen as more Merkel than Maggie
« Reply #76 on: July 13, 2016, 11:19:07 AM »
Britain’s new leader May seen as more Merkel than Maggie



Within moments of Theresa May’s confirmation as the next prime minister of Britain, London tabloids and wags were comparing her to Britain’s “iron lady” of the 1980s, Margaret Thatcher. But those taking a closer look see more in common with Europe’s most powerful woman today: Germany’s “iron chancellor,” Angela Merkel.

Both women have a track record of cautious pragmatism. Merkel famously will sit on the fence on many issues waiting for consensus to build before she commits herself to whichever side is more likely to work. May demonstrated her own grasp of patient tactics, opting to stay on the policy sidelines during Britain’s bruising referendum on European Union membership — positioned in the middle, seemingly the best spot from which to take charge of a divided Conservative Party in the wake of David Cameron’s resignation.

“It’s often said that you cannot tell what Merkel thinks about an issue until the last moment, if even then. May seems to be similarly inscrutable. She waits for her moment,” said Hans Kundnani, a London-based foreign policy analyst at the German Marshall Fund think tank.

lots more here washingtonpost.com
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Offline Johnnie F.

Boris Johnson to be foreign secretary? What'll be the tune?


Boris Johnson fretting a guitar behind the capo

Source

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Offline thaiga

While others come and go LARRY the cat stands firm

Post-Brexit stability at last as Larry the Cat remains at Number 10
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Online Taman Tun

 I think Bo Jo is an excellent choice for Foreign Secretary.  He will definitely put Johnny Foreigner in his place. (no offence meant, Johnnie!)
We are masters of the unsaid words, but slaves of those we let slip out. Churchill
 

Offline Johnnie F.

It was definitely a very courageous move of Teresa May to assign him to that. He'll keep making the news.

A Short History of Boris Johnson Insulting Foreign Leaders
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Offline thaiga

Re: Brexit wins - In and Out: Team May - and of course Boris
« Reply #81 on: July 15, 2016, 01:02:00 PM »
In and Out: Team May - and of course Boris who shrugs off Europe’s shock at top diplomatic job

ENGLAND: In and Out: Team May


ENGLAND: Boris Johnson shrugs off Europe’s shock at top diplomatic job
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Offline thaiga

Re: Brexit may send EU 'down the drain'
« Reply #82 on: August 29, 2016, 12:04:26 PM »
Brexit may send EU 'down the drain' - German vice chancellor

Germany's vice-chancellor has warned the future of the EU could be in doubt if the UK's exit is handled badly.

Sigmar Gabriel said the EU would go "down the drain" if other states followed Britain's lead and that the UK could not keep the "nice things" about Europe while taking no responsibility.

It comes as Theresa May summoned ministers for a meeting on Wednesday to discuss ideas for the UK's withdrawal.

Downing Street said Brexit was "top" of the prime minister's agenda.

But a report in The Sunday Times suggested her cabinet was split over leaving the single market.

The UK voted to leave the European Union in a referendum vote on 23 June.

Mr Gabriel, who is also economy minister in Germany's governing coalition and Chancellor Angela Merkel's deputy, told a news conference that as a result, the world now regarded Europe as an unstable continent.
'Deep trouble'

"Brexit is bad but it won't hurt us as much economically as some fear - it's more of a psychological problem and it's a huge problem politically," he said.

"If we organise Brexit in the wrong way, then we'll be in deep trouble, so now we need to make sure that we don't allow Britain to keep the nice things, so to speak, related to Europe while taking no responsibility."

Mrs Merkel has met a number of European leaders during the past week to prepare the ground for a September summit focused on the EU's future post-Brexit.

She has said remaining member states must listen to each other carefully and avoid rushing into policy decisions.

Meanwhile, Mrs May is due to begin drawing up blueprints for Brexit on Wednesday, when she hosts cabinet ministers at Chequers, the prime minister's country retreat in Buckinghamshire.

BBC political correspondent Chris Mason said Mrs May would hear different answers to the question "what does Brexit actually mean?" from around the cabinet table and in Parliament.

Trade talks

It comes as a new cross-party group called Open Britain was launched.

In a joint article for the group in the Sunday Times, three former ministers from the Conservatives, Labour and the Liberal Democrats accept that the free movement of people cannot continue, but they warn against "pulling up the drawbridge."

Mr Gabriel also said on Sunday that trade talks between the EU and the US had "de facto failed".

The plan - known as the Transatlantic Trade and Investment Partnership or TTIP - aimed to remove or reduce a wide range of barriers to EU-US trade and investment.

However, the move has been controversial in many of countries involved, including Germany and the UK. Critics say TTIP is driven by big business and would be bad for jobs, consumers and the environment.

In 14 rounds of talks, the two sides had not agreed on a single common chapter out of 27 being discussed, Mr Gabriel said.

"In my opinion the negotiations with the United States have de facto failed, even though nobody is really admitting it," said Mr Gabriel.
'Don't submit'

He suggested Washington was angry about a deal the EU struck with Canada, because it contained elements the US does not want to see in the TTIP.

"We mustn't submit to the American proposals," said Mr Gabriel, who is head of Germany's centre-left Social Democratic Party, which is in coalition with Mrs Merkel's centre-right Christian Democratic Union.

The BBC's Andrew Walker said ending the negotiations would not be a decision for Mr Gabriel, as he is the leader of centre-left Social Democratic Party, which is in coalition with Mrs Merkel's centre-right Christian Democratic Union.

Nonetheless, Mr Gabriel is an important voice and his view that TTIP has in effect failed is a sign of just how much political difficulty it faces, our correspondent added.

He has also been forced to defend his actions after he flicked the middle finger to a group of right-wing protesters earlier this month.

Sigmar Gabriel said his only mistake was not using both hands, and told his critics to think about what they would do if faced with 12 "young, aggressive, swearing and ready-for-violence Nazis".

Mr Gabriel had been confronted by the hecklers in northern Germany.

bbc.com
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Offline thaiga

Re: Brexit - It means getting the best deal for Britain
« Reply #83 on: September 09, 2016, 11:55:52 AM »
Brexit minister already has team of 300 working on arranging Britain's exit from EU

British politicians returned to the Houses of Parliament Monday with the fallout from the decision to quit the European Union top of the agenda.

It was a baptism of fire for the MP (member of the parliament) David Davis, making his debut on the front benches as Theresa May's newly appointed Secretary of State for Exiting the EU, also known as the government's Brexit Minister.

In his first major speech as Brexit Secretary, Davis reiterated the message from Theresa May that there will be no attempt to stay in the EU by the back door, no attempt to delay, frustrate or thwart the will of the British people and no attempt to engineer a second referendum.

Instead, he told MPs that his newly set up department already has over 180 staff in London, plus the expertise of over 120 officials in Brussels, "and we are still growing rapidly with first class support from other government departments."

Davis said: "The people have spoken in the referendum and all of us, on both sides of the argument, must respect the result. That is a simple matter of democratic politics. Naturally, people want to know what Brexit will mean.

"Simply, it means the UK leaving the European Union. We will decide on our borders, our laws, and taxpayers' money.

"It means getting the best deal for Britain -- one that is unique to Britain and not an 'off the shelf' solution. This must mean controls on the numbers of people who come to Britain from Europe -- but also a positive outcome for those who wish to trade in goods and services."

But pro-remain politicians waiting to hear details of what Brexit means, were disappointed if they expected full details.

"Is that it," they shouted across the chamber of the House of Commons, protesting that Davis had failed to hand over more details.

During questions from MPs, Davis gave the strongest hint that a single market deal with Europe would be improbable if the EU demanded Britain giving up control of its borders as a condition.

Davis added: "Brexit is not about making the best of a bad job. It is about: place for Britain in the world. There will be new freedoms, new opportunities, and new horizons for this great country."

"We can create a more dynamic economy, a beacon for free trade across the world. We can create an immigration system that allows us to control numbers and encourage the brightest and the best to come to this country," he said.

full article news.xinhuanet.com
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Offline Johnnie F.

Re: Brexit - It means getting the best deal for Britain
« Reply #84 on: September 09, 2016, 04:26:27 PM »
Instead, he told MPs that his newly set up department already has over 180 staff in London, plus the expertise of over 120 officials in Brussels, "and we are still growing rapidly with first class support from other government departments."

Target reached: It has created new jobs in government.
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Offline thaiga

Re: Brexit
« Reply #85 on: September 09, 2016, 11:39:39 PM »
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Offline Johnnie F.

Re: Brexit
« Reply #86 on: September 10, 2016, 07:40:17 AM »
Can it get any worse

German exports plunge, fuelling slowdown fears


That article must have been written by somebody who really understands viewing politics from all sides! :-[

Having the EU complain heavily about Germany's huge export surplus for years, now people see the whole world in danger, if it starts getting back into balance.
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Offline thaiga

Re: Brexit - we don't want to put a penny more into your kitty
« Reply #87 on: October 12, 2016, 02:51:33 PM »
Who would have forecast all this when we moved here, the pound looks like it's found it's place at a steady 42 + at the moment  :( So guys looks like the 30 bht noodle stalls are on the menu if your from the uk.

UK 'may still have to pay into EU even after Brexit'



Whitehall officials believe the UK may need to make big payments to the EU to secure preferential trading terms after Brexit, BBC Newsnight has learned.

During the EU referendum, Vote Leave claimed leaving the EU could save the UK £350m a week in contributions.

But an unnamed cabinet minister has told Newsnight that the UK may end up "paying quite a lot" of that money to secure access to the single market.

The government said it would not give a "running commentary" on negotiations.

The UK's contributions to the EU became one of the most contentious issues in the EU referendum campaign after Vote Leave pledged to repatriate £350m a week - its estimate of the UK's gross weekly contributions to the EU.

This is reduced by subsidies paid to the UK and by the UK budget rebate.

But a leading light in the Brexit campaign said they now expected the UK could still end up paying as much as £5bn a year into EU funds, in return for access to the single market.

This is roughly half of what the UK would have expected to contribute to the EU - estimated by the Office for Budget Responsibility to average around £9.6bn a year from 2015.

A senior official has described the prospect of continuing UK contributions to the EU as the "dog that hasn't barked" after Prime Minister Theresa May made no reference to the issue when she set out her red lines for her forthcoming EU negotiations last week.

full article bbc.com
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Offline thaiga

Re: The Brexit - Commons vote to ratify Brexit deal likely
« Reply #88 on: October 19, 2016, 08:58:45 PM »
Commons vote to ratify Brexit deal likely, says No 10

Downing Street has said it is "very likely" MPs will be able to vote on the final Brexit agreement reached between the UK and the European Union.

Number 10 confirmed the comment by a government lawyer in the High Court represented the "government's view".

The vote would take place after negotiations have taken place and with Brexit already triggered using Article 50 of the Lisbon Treaty.

Campaigners have been calling for a vote before Article 50 is triggered.

Open Britain, formerly the Remain campaign, said the government's comments were an "encouraging sign" but renewed calls for a debate and vote earlier in the process, before Article 50 begins two years of formal negotiations.

The UK is expected to leave the European Union in 2019.

Prime Minister Theresa May opposes a vote before Article 50, saying those calling for one are "trying to subvert" the outcome of June's referendum.

The issue is currently the subject of a landmark legal challenge, with the government defending what it says is its right to invoke Article 50 without Parliamentary approval.

It's the question pre-occupying many MPs as Britain prepares to leave the EU. What role will they have in shaping and approving the final withdrawal deal the UK reaches with Brussels? Theresa May plans to begin talks with the EU by the end of March and negotiations will last for two years.

The government's legal team have now clarified what they believe happens then.

James Eadie QC said it was "very likely" the UK and the EU would agree a new treaty that would have to be ratified by Parliament.

A law passed in 2010 gave MPs the power to block a treaty indefinitely. But in practice, would Parliament at that point derail the UK's withdrawal agreement with the EU?

David Pannick QC, acting for one of the claimants in the High Court case, said even if Parliament refused to approve the final Brexit deal, the UK would have to leave the EU anyway - with or without an agreement. That is why, he argued, parliament needed to vote before formal talks began.

Judges who heard the case said they would give their decision "as quickly as possible". An appeal to the Supreme Court later in the year is expected, whatever the outcome.

During the High Court hearing, government lawyer James Eadie QC moved on to what was likely to happen at the end of the negotiations, in 2019, saying: "The government view at the moment is it is very likely that any such agreement will be subject to ratification."

If this vote ends with MPs rejecting the Brexit deal, the UK would still leave the EU, Lord Pannick, who is acting for the campaigners challenging the government, told the court.

"Parliament cannot reverse the notification," he said.

The UK would either leave with no agreement or reach a new one, he said, adding: "But the new agreement cannot restore the rights that are irretrievably lost, and whether there is a new agreement is out of the hands of Parliament."

Labour's shadow Brexit secretary Sir Keir Starmer said: "A vote so late in the day would put MPs between a rock and a hard place. It would ask us to choose between a deal on the government's terms or leaving the European Union with no deal at all."

UK voters opted in favour of leaving the EU by 51.9% to 48.1% in a referendum in June.

bbc.com
Anyone who goes to a psychiatrist should have his head examined.
 

Offline thaiga

Re: The Brexit - Britain’s decision to leave is irreversible
« Reply #89 on: October 20, 2016, 01:46:59 PM »
I see the euro is following suit, Bank Note Buying Rates @ 37.69 bangkokbank.com today

Theresa May to tell EU's other leaders 'there will be no second referendum'

Theresa May is to warn her 27 fellow European Union leaders over a working dinner in Brussels that Britain’s decision to leave is irreversible and there can be no second referendum.

Thursday’s meeting of the European council will be the prime minister’s first opportunity to address the leaders of all the other member states since the UK voted to leave the European Union in June.

Donald Tusk, the European council president, has insisted Britain’s future relationship with the EU will not be on the formal agenda for the two-day meeting, but he will give May the opportunity to set out the “current state of affairs in the country” over coffee at the end of the meal.

A No 10 source said she would tell her fellow EU leaders: “The British people have made a decision and it’s right and proper that that decision is honoured. There will be no second referendum. The priority now has got to be looking to the future, and the relationship between the UK, once we leave”.

The source added that the prime minister would also seek to reassure the other member states, amid growing fears that Brexit could unleash political and economic instability in Britain and the rest of Europe.

“She wants the outcome at the end of this process to be a strong UK, as a partner of a strong EU,” the source said. “She doesn’t want the process of the UK leaving to be damaging for the rest of the EU. She wants it to be a smooth, constructive, orderly process.”

With speculation rife about how Britain plans to conduct the negotiations, Tusk wants to avoid a discussion and will not invite other EU leaders to respond. May’s remarks are down as an “any other business point”, underscoring that Britain is far down the priority list for the summit despite public interest in the issue.

British diplomats in Brussels have been pressing for preparatory talks before May launches article 50, the EU exit process, which she has promised by the end of March 2017. So far their entreaties have been rebuffed and EU diplomats insist the consensus on “no negotiations without notification” is intact.

All 27 member states will have to be ...

full article theguardian.com
Anyone who goes to a psychiatrist should have his head examined.
 

 



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