Brexit: Now What? Part III

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Two Belgian newspapers announce today that the UK government would be ready to pay up to 40 million euros to the EU for the Brexit. Both refer to AFP, which cites the Sunday Telegraph as original source of the information.
 
Two Belgian newspapers announce today that the UK government would be ready to pay up to 40 million euros to the EU for the Brexit. Both refer to AFP, which cites the Sunday Telegraph as original source of the information.
You just got in ahead of me, but there's a snag, as reported in Le Vif. Not paltry "millions", but "milliards". Billions.
According to the paper, which claims to be quoting anonymous government sources, Great Britain will be prepared to pay up to 40 billion Euro on condition that the EU agrees to negotiate a financial settlement within the framework of a general agreement on future relations, and in particular commentcial relations, between London and the European bloc.​
So the UK is once more trying to negotiate financial settlement and future trading relations simultaneously. Johnnie Foreigner has resisted that up to now. Will a dangling carrot of forty billions change his mind?
 
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You just got in ahead of me, but there's a snag, as reported in Le Vif. Not paltry "millions", but "milliards". Billions.
According to the paper, which claims to be quoting anonymous government sources, Great Britain will be prepared to pay up to 40 billion Euro on condition that the EU agrees to negotiate a financial settlement within the framework of a general agreement on future relations, and in particular commentcial relations, between London and the European bloc.​
So the UK is once more trying to negotiate financial settlement and future trading relations simultaneously. Johnnie Foreigner has resisted that up to now. Will a dangling carrot of forty billions change his mind?

You're. It's of course billions and not millions. My bad.
 
Well I didn't expect anything quite so blunt from Vince Cable:

Vince Cable: Young 'shafted' over Brexit

Older people who voted for Brexit have "comprehensively shafted the young", Sir Vince Cable has said.
Writing in the Mail on Sunday, the Lib Dem leader accused the over-65s of being "self-declared martyrs" who claim leaving the EU is worth the cost.
"The martyrdom of the old comes cheap," he said, as fewer have jobs to lose and living standards are protected by the triple lock on pensions.
"For the Brexit martyrs, paradise beckons," he added.

Probably the first statement on Brexit I can wholeheartedly agree with. It's a lot easier to ignore the economic implications of Brexit and indulge in some xenophobic nostalgia for 'the good old days' when you feel safely insulated from the realities of it.
 
Brexit negotiations are reportedly not going well.

The UK's Brexit negotiations have not begun well amid "differences" inside the cabinet, a former head of the diplomatic service has said.

Sir Simon Fraser, chief mandarin at the Foreign Office until 2015, said the UK side had been "a bit absent" from formal negotiations in Brussels.

Sir Simon, who now advises businesses on Brexit, said he was concerned the UK had not put forward a clear position.

http://www.bbc.co.uk/news/uk-politics-40846830
 
Brexit negotiations are reportedly not going well.


http://www.bbc.co.uk/news/uk-politics-40846830
"Chief mandarin" was his job title at the Foreign Office? Interesting, since when do you have such job titles? Since the Opium Wars? :p

And "a bit absent" reminds a lot of "a bit pregnant". The British negotiators were there but only for the good coffee? But those position papers sure will be there in October, 6 months - i.e., 25% - into the allotted time. Given that it took a whopping 9 months to write a simple one-paragraph letter, I don't hold my breath. :rolleyes:
 
"Chief mandarin" was his job title at the Foreign Office? Interesting, since when do you have such job titles? Since the Opium Wars? :p

And "a bit absent" reminds a lot of "a bit pregnant". The British negotiators were there but only for the good coffee? But those position papers sure will be there in October, 6 months - i.e., 25% - into the allotted time. Given that it took a whopping 9 months to write a simple one-paragraph letter, I don't hold my breath. :rolleyes:

Loook, the UK government hasn't given up in its competition with the US in order to see which Anglophone country can mess up more, but May has had to up her game since Trump.

Bringing on the DUP and giving the workshy David Davis a key role were pretty good moves.


I'm not sure why she wants to do that, but it is about the only analysis that makes sense.
 
Loook, the UK government hasn't given up in its competition with the US in order to see which Anglophone country can mess up more, but May has had to up her game since Trump.

Bringing on the DUP and giving the workshy David Davis a key role were pretty good moves.


I'm not sure why she wants to do that, but it is about the only analysis that makes sense.
She could have done a lot better if she really wanted to mess up. E.g., endless negotiations with Labour for a grand coalition. :)

The best way not to mess up is not having a government. We've had elections in March and no end to coalition talks in sight. And all involved in those talks are sworn to secrecy, so no soundbites either. It's wonderful!
 
She could have done a lot better if she really wanted to mess up. E.g., endless negotiations with Labour for a grand coalition. :)

The best way not to mess up is not having a government. We've had elections in March and no end to coalition talks in sight. And all involved in those talks are sworn to secrecy, so no soundbites either. It's wonderful!

Wasn't the lack of government given as a reason how the Belgian economy was relatively unscathed by the financial crisis?

There was no body to impose austerity, so default spending continued.
 
Wasn't the lack of government given as a reason how the Belgian economy was relatively unscathed by the financial crisis?

There was no body to impose austerity, so default spending continued.

Depends on how things are setup and on economy. If things are done correctly, austerity generally is unnecessary if not actively harmful, but if there are deficiencies in policies, economic problems can expose them and cause significant (and bad) debt.

Don't know about Belgium, but I know that austerity in Czech Republic was badly and unsystematically done and generally served to cover massive corruption of right wing government that caused massive loss of money.
 
Britain's most senior judge says that the judiciary is going to require a lot of guidance about how EU laws will apply post-Brexit - in particular how ECJ rulings should apply.

Lord Neuberger said Parliament must be "very clear" in telling the judges what to do about decisions of the ECJ after the UK leaves the EU.

He said judges should not be blamed for misinterpretations if it is unclear.

Prime Minister Theresa May has insisted the ECJ should have no jurisdiction over the UK after Britain leaves the EU.

UK courts will continue to interpret ECJ case law - even after Brexit.

http://www.bbc.co.uk/news/uk-40855526

I'm sure it's something that the Brexit "brains trust" could sort out in 5 minutes when they get around to applying their massive intellects to it :rolleyes:
 
What does it matter, as long as those foreigners aren't involved. People do seem to have got rather confused about this Brexit malarkey, who cares what comes afterwards as long as Johnny Foreigner is booted out? Anyway August is no time for this type question, good folk are trying to relax in their Tuscony bolthole!
 
What does it matter, as long as those foreigners aren't involved. People do seem to have got rather confused about this Brexit malarkey, who cares what comes afterwards as long as Johnny Foreigner is booted out? Anyway August is no time for this type question, good folk are trying to relax in their Tuscony bolthole!

What's "Tuscony bolthole"?
 
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