The pound hit its biggest gain since the market turmoil in March on Wednesday, and the market is betting that a Brexit deal may be reached next month. The pound rose 1.7% to $1.3171 against the US dollar, the highest level in more than six weeks, after Bloomberg reported that trade negotiations between the UK and the EU may resume.
The Brexit process between the United Kingdom and the European Union has taken four and a half years. The two sides are still engaged in a tug of war. Now, British Prime Minister Boris Johnson seems to be desperate to leave the European Union as soon as possible, but still leaves a crack in the door for a retreat.
British Foreign Secretary Dominic Raab said that a trade agreement between Britain and Europe after Brexit is still possible, but the European Union needs to show greater flexibility. According to current news, both the UK and the EU expressed their desire to continue negotiations.
The British Prime Minister said today that the UK could “live very well” if the post-‘Brexit ‘negotiations, underway with the European Union fail to yield an agreement before the end of the transition period. Appearing in an interview with the BBC’s Andrew Marr Show, Mr Johnson said: “I think it’s there to be done. Alas, there are some difficult issues that need to be fixed.
UK Prime Minister Boris Johnson is now accusing the EU of threatening a “food blockade” between Northern Ireland and the rest of Britain. The premier opines that the move if effected is likely to tear Britain apart. Johnson’s new allegations could further fuel the crisis that is already surrounding Brexit in which the involved parties are reading from different scripts.
The Coronavirus continues to be on the forefront of the news. There are over 13.4 million infected, and over 581,000 deaths around the world. Due to the pandemic, the post-Brexit issues and future have been on hold. However, the UK’s exit from the European (EU) is a done deal.
Germany has a great responsibility in the most important arenas of international politics. The country took over the rotating presidency of the Council of the European Union for six months from today until the end of this year. At the same time, Germany will be in charge of chairing the UN Security Council next month.
The British government has today told the European Union that it doesn’t intend to extend the post-Brexit transition period. The decision was formally communicated to the European Commission by Michael Gove, Minister for the Cabinet Office of Prime Minister Boris Johnson.
A no-deal Brexit looms for the UK unless its Prime Minister, Boris Johnson, sticks to the very promises that he made while securing the withdrawal agreement, the EU’s chief negotiator, Michel Barnier has warned. Barnier accused the Prime Minister of seemingly trying to take an about turn from the written agreement in the political declaration that was arrived at and signed between the UK and the European Commission.
The UK and the European Union are still far apart, in as far as striking an agreement of trade arrangements is concerned. This became evident after the UK’s Brexit chief negotiator, David Frost, reported “very little” progress had been made, as per the outcome of the parties’ latest round of talks.
Strengthening Anglo-Irish relations, protecting the environment, and promoting good mental health: this is the message delivered by Prince William and his wife, Kate Middleton, who participated in their first official visit to the Republic of Ireland. A busy schedule for the Duke and Duchess of Cambridge, whose expedition is part of a series of royal family commitments.
The United Kingdom is on a collision course with the European Union even before Brexit talks begin. On Thursday, London rejected proposed post-Brexit rules by the union. Cabinet minister Michael Gove told embers of Parliament that the country was not going to forfeit its sovereignty in its quest for political and economic independence.
On February 19th, UK unveiled its new points based immigration system. The system is very similar to the current Canadian immigration system. The post-Brexit period will end by the end of 2020.
The new system will come into effect on January 1, 2021. This will mean controlled border access points. Unskilled labor by foreign nationals will be absolute banned. It would also mean that former Soviet Baltic republic nationals will no longer have access to such jobs. It would add additional poverty to Latvia, Lithuania and Estonia. Even though they get aid and funding for being NATO strategic locations. It would hit their economy, due to an immediate decrease in spending.
The United Kingdom and the European Union negotiators will be locked in dialogue until the end of the year to iron out delicate Brexit divorce nuances. Britain is already drawing up plans to reinforce its coastal defenses. This is in line with anticipated changes to the existing fishing rights accord. The United Kingdom is looking to take back control of its waters and restrict E.U. members’ access.
Austria is part of a small group of EU countries that are standing up against an increase in contributions to the community budget. As net contributors, Austria— like Denmark, the Netherlands, Sweden, and Germany— takes the position that contributions must not increase exponentially.
The British (some of them) are waving the flag of the United Kingdom (“Union Jack”) after Brexit became official, and government buildings are highlighted in its colors, red, white, and blue. Having opened up a radically new space for political maneuvers, the country celebrates this achievement.
In a speech, British Prime Minister Boris Johnson will tell what he intends to achieve to entrepreneurs, in negotiations with the EU on relations after the expiration of the Brexit transition period. After leaving the EU, the UK will no longer comply with EU standards in the field of environmental protection, workers’ rights, and state economic subsidies. Such conclusions can be drawn by reading some passages in the speech of the British PM on the topic, Brexit, with which he intends to address entrepreneurs on Monday.
After a series of lengthy debates at the European Union level, and in the British House of Commons, a whole series of votes and early elections, Brexit is now in its transition period, which will last another eleven months. On the night of January 31, the treaty came into effect, and Britain exited the E.U. as a member state. There is a lot of discussion and speculation about the changes to expect, and the possible adverse effects. But what advantages do Brexit supporters see?
British Prime Minister Boris Johnson’s Conservative Party has won a large majority in Thursday’s parliamentary elections. This election result guarantees the Prime Minister the number of parliamentarians he needs to “get Brexit done” by January 31. The Conservatives won 365 out of the 650 seats in the House of Commons— more than enough for a comfortable absolute majority and for Johnson to remain Prime Minister.
French President Emanuel Macron has not been a strong leader. France is experiencing a negative pattern and the next election will be held in 2022. France reached its zenith in global influence in 1812. Napoleon Bonaparte became the Emperor of France in 1804. The title was created for Napoleon to preserve the appearance of the French Republic and show that after the French Revolution, the feudal system was abandoned and a nation state was created.
The European Union (EU) has accepted a further postponement of Brexit until January 31, European Council President Donald Tusk revealed on Monday. However, the agreement offers London the possibility of leaving the EU bloc before that date should the British Parliament ratify the exit agreement.
After a week of intense negotiations, the British government and the European Union yesterday formalized a new Brexit agreement that will allow the UK to leave the EU on October 31. However, the new agreement has to be approved by the British Parliament for the process to proceed. Prime Minister Boris Johnson has until Saturday to convince his party’s Eurosceptics, Northern Ireland Unionists, and opposition members to vote for the deal. None are so far keen on endorsing it.
The European Union and the UK negotiating teams have reached an agreement for Britain to leave the EU at a meeting in Brussels. “We’ve got a great new deal that takes back control— now Parliament should get Brexit done on Saturday so we can move on to other priorities like the cost of living, the NHS, violent crime, and our environment,” Prime Minister Boris Johnson said in a tweet.
A Brexit deal between the United Kingdom and the European Union (EU) is “virtually impossible,” British government sources told local media on Tuesday after a telephone call between Prime Minister Boris Johnson and German Chancellor Angela Merkel. Johnson and Merkel spoke on Tuesday morning about Johnson’s proposals to the EU last week.
On September 23, 2019 Thomas Cook halted its operations. The company owned Thomas Cook Airlines and Thomas Cook Airlines Scandinavia. Thomas Cook was formed in 2007 by the merger of Thomas Cook AG and MyTravel Group. The group operated in two separate segments: a tour operator and an airline. Thomas Cook went into compulsory liquidation on September 23, 2019 and is now under the control of the Official Receiver. The company went into liquidation due to £1.7 billion debt. As a result, the UK Government is having to fly home over 150,000 customers from 18 countries. Brexit uncertainty contributed to the faster demise of Thomas Cook. The company was known for its all-inclusive travel model.
A beyond-line-of-sight land battlefield missile project has been signed by the ministers of defense of Belgium, Cyprus and France. The purpose of the project is to create a new category of missiles for integration with an extensive variety of platforms (ground-to-ground and air-to-ground) and to provide integrated and autonomous target designation capability as per the project description.
The debate in the UK was re-heated when Prime Minister Boris Johnson announced today that he would tell European Commission President Jean-Claude Juncker that he wants to reach an agreement on Brexit, but he does not intend to postpone the October 31 deadline for Brexit. Political commentators began to ask whether Johnson’s remarks meant that he would not recognize the law adopted by Parliament. Last week, the Parliament passed a law asking Johnson to postpone Brexit for three months if an agreement could not be reached by October 19th.
China warned Britain not to enter the South China Sea to sail near disputed islands, saying that it constitutes “hostile behavior,” and implied that Beijing would be forced to make a military response. The Chinese ambassador in London said that Britain “should not do this dirty job for somebody else.”
Brexit continues to dominate world news. If there is a strategy, UK Prime Minister Boris Johnson’s next move will shape the future of the world’s fifth-largest economy. The fate of the Brexit endeavor is at stake, which both sides cast as the United Kingdom’s most significant decision in a century. Brexit is the withdrawal of the United Kingdom from the European Union after the referendum held on June 23, 2016 in which 51.9% of those voting supported leaving the EU. They voted for full independence from all EU mandates and laws across the board. The UK Parliament is now closed for five weeks and the recent political turmoil has caused more questions than answers.
The House of Commons voted for the second time to reject the government’s request for early general elections.The vote comes on the last day of Parliament’s work before a five-week suspension, at the request of the government, until October 14. Members of Parliament will have no further opportunity to vote on any early elections until the end of the suspension period, which means that elections cannot be held until at least late November.
Boris Johnson is considering holding early general elections if MPs want to prevent an exit from the EU without an agreement and defeat the government this week. Reports say that “live debates” were underway at the Prime Minister’s residence, on the request for parliamentary approval for early elections.
British Prime Minister Boris Johnson’s government plans to suspend British parliamentarians by blocking the British parliament and its plan to leave the EU. Mr. Johnson, who has recently been elected leader of the Conservative Party and is prime minister, met with Queen Elizabeth II, to convene a special royal council and issue a renewal order. The EU’s deadline for Britain to make a final decision on leaving the EU on October 31.
Brexit is the withdrawal of the United Kingdom from the European Union, after the referendum held on 23 June 2016. The HBO documentary Brexit depicts the behind the scenes experience of the referendum. The UK is a constitutional monarchy with a parliamentary system of governance that is based off of the Westminster system. Executive power rests in the hands of Her Majesty’s Government, the prime minister and the cabinet who are all members of the Privy Council. Legislative power is held within the bicameral parliament, the House of Commons and the House of Lords, the former being elected and the later appointed.
Prime Minister Boris Johnson on Monday implored Germany and France to pave the way for a Brexit compromise, while again reassuring that the UK was ready to leave the European Union without an agreement on 31st October. Johnson’s government said Monday that it would “immediately” end the free movement of people in case of a Brexit without agreement on 31st October, a rather hard position compared to the one from the previous regime.
After less than two weeks in office, Boris Johnson appears to have failed his first electoral test as Britain’s Prime Minister. Welsh Liberal Democrat leader Jane Dodds won the Brecon and Radnorshire by-election on Thursday, defeating embattled Tory incumbent Christopher Davies by 1,425 votes, and cutting the government’s majority in the Commons to just one. That includes the Conservative Party’s shotgun partners from Ulster, the Democratic Unionist Party. With fears of a no-deal Brexit very real, and very much back on the table, that number could shrink even further by the end of the week.
British Prime Minister, Boris Johnson on Monday doubled an offensive to boost his Brexit goals. On the one part, he announced an investment plan of 300 million pounds (329 million euros) in Scotland, a territory mostly contrary to an EU exit, especially without a pact. On the other hand, the conservative leader’s office sent a harsh message to the EU, warning that Johnson will not negotiate with Brussels if the safeguard included in the exit agreement is not withdrawn before avoiding a hard border in Ireland.
The new British Government “is working with the assumption of a Brexit without agreement,” reiterated Michael Gove, responsible for exploring, if possible, a negotiation with Brussels but, above all, supervising the preparations for an exit from the EU. This was stated by the Prime Minister, Boris Johnson, during his inauguration and his deputy has ratified it in a platform published in The Sunday Times: “The no-deal (no agreement) is now a very real perspective.”
Turbulent months are expected in the European Union (EU) with Great Britain. It is likely that the day after tomorrow, Boris Johnson will become the new British prime minister, and with his coming to power there is a complicated panorama for the bloc: a Brexit without agreement or a new postponement.
Conservatives who govern Britain will announce tomorrow who will be the new party leader, replacing Theresa May. The chosen one will automatically become prime minister the next day. A little more than three months later, on October 31, Britain is expected to leave the European Union (EU).
And then there were two. The race to replace Theresa May as leader of the Conservative and Unionist Party, and Prime Minister of the United Kingdom, is down to its final candidates. Heavily-favored Boris Johnson will face the surprising Jeremy Hunt, who took Johnson’s job as Foreign Secretary when he resigned in protest of May’s Brexit deal. The winner will be decided by the party’s 160,000 grassroots members some time late next month. It is a contrast in styles, abilities, and Brexit itself.
The race for arguably the least-desirable job in global politics may be turning in to a cakewalk. Boris Johnson, former London Mayor, Foreign Secretary, and current brash Brexiteer, appears to be cruising to 10 Downing Street, to succeed Theresa May as leader of the Conservative Party and Prime Minister of the United Kingdom. Johnson easily topped his rivals in the first round of voting among Tory MPs Thursday. Eventually, all but two candidates will be eliminated, giving the party’s 160,000 faithful the final choice. As is typically the case in electoral politics, winning the job will be the easy part.
Early Friday morning, outside the steps of 10 Downing Street, Theresa May brought the unmitigated disaster of her premiership to an abrupt and ignoble end. Three years ago, the day after 52% of Britons voted for divorce from the European Union, May inherited a deeply divided populace, a disintegrating political party, and a country flung into chaos by its own hand. By every measurable metric, she has left the United Kingdom of Great Britain and Northern Ireland, and the Conservative and Unionist Party with it, in a worse state than when she found it.
The Brexit deal nobody likes is back, and characteristically, there’s something in it for everyone to hate. A ten-point plan presented to MPs by Prime Minister Theresa May contained many of the same promises and compromises she had previously offered. Vague language about “alternative arrangements” and “keeping Northern Ireland aligned” aren’t any more likely to win over Conservative Brexiteers, or her Democratic Unionist partners, than they were before. At least one item, per The Guardian, seemed placed for no other reason than to round the list up to ten.
In a possible dress rehearsal for European elections later this month, British voters took out their frustrations on the two major parties in local elections on Thursday. Prime Minister Theresa May’s Conservatives got the worst of it, losing some 1,300 city councilors, and more than 40 councils, compared to their 2015 figures. Labour fared no better, dropping about 80 councilors, and losing control of a half-dozen city councils. For good measure, even pro-Brexit UKIP, big winners four years ago, lost almost all their seats Thursday night.
- A popular measure of the strength of the U.S. dollar is inching toward its highest level in almost two years, having carved out gains in the past two months. As the greenback marches higher, analysts who predicted its rise in the first quarter, have turned more bearish on bucks, making the case that “the top is in” for the U.S. dollar.
- On Wednesday, Parliament voted 313-312 to require Theresa May’s government to request another extension from Brussels, and avoid leaving the European Union without a deal. The UK is set to crash out next Friday if no agreement can be achieved.
- On the day the United Kingdom was originally set to leave the European Union, it is no clearer how, when, or even if Brexit will occur. Prime Minister Theresa May’s withdrawal agreement was rejected on Friday, again, by 58 votes. Ms. May had, apparently, attempted to sweeten the deal by offering to leave if her agreement passed.