Showing posts with label GBP. Show all posts
Showing posts with label GBP. Show all posts

2019-04-05

EU's Juncker Warns UK Parliament To Reach Brexit Deal by April 12 (video)

Juncker warns UK parliament to reach Brexit deal by April 12

"My Way or The Highway"--Financial Times (ft.com) video above published 3 Apr 2019--The European Union will not grant the UK another short delay to Brexit if UK lawmakers fail to ratify the stalled divorce agreement by April 12. UPDATE Apr 5: Theresa May asks for Brexit extension to June 30; EU could offer a year.

Jean-Claude Juncker is a European Union (EU) politician from Luxembourg (total population: 600,000 as of 2018), one of the EU's 27 member states (27 not including the UK which is presently scheduled to leave the EU April 12, 2019). Juncker has been President of the European Commission since 2014.

Updates on Brexit: UK Dysfunction | Brexit Or Not, Final Days Or Kick The Can Again?

What is Europe? The answer depends on the "agenda" and "narrative" of the one providing the "definition." A better question may be "What Is The EU?"

 What is the EU? | CNBC.com Explains

The origins of the EU go all the way back to the 1950s, but many Europeans are still unaware of what it does. CNBC’s Silvia Amaro explains how the political and economic arrangement works. CNBC International video above published 28 Mar 2019.

What's the EU? That depends on what you are referring to: the institutions of the European Union are the seven principal decision making bodies of the European Union (EU), as listed in Article 13 of the Treaty on European Union:
What Scares EU Politicians: they know UK Voters Still Want to Leave The European Union
And The Longer Brexit Extensions Drag On, the Worse It Is For Both The EU and UK:
Editor's note: all of this angst and drama could have been avoided had the EU and UK simply negotiated a "trade and withdrawal deal" instead of just a "withdrawal deal" in the period following the Brexit referendum of June 23, 2016, but the EU refused, and unfortunately, UK Prime Minister Theresa May, unwisely, conceded the point, which is the BIG PROBLEM today.

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2019-03-27

UK Dysfunction | Brexit Or Not, Final Days Or Kick The Can Again? (video)

Time Left Under First Extension of Brexit Date, London time: 11:00 P.M., Friday, 12 Apr 2019

Original Countdown to Brexit: 11:00 pm UK time on Friday, 29 March 2019

UPDATES at Emergency European Summit on Brexit, Wednesday, April 10--EU leaders agreed to extend UK's exit date until October 31, 2019.
9-10 Apr 2019: Before an emergency European summit on Wednesday (Apr 10), UK Prime Minister Theresa May will travel to Paris and Berlin on Tuesday (Apr 9), to "make the case for extending article 50" to Emmanuel Macron and Angela Merkel.

8 Apr 2019:
4-5 Apr 2019: Talks between Labour and the government over Brexit aren’t going anywhere, reports @JGForsyth (Apr 5).

Theresa May asks for Brexit extension to June 30; EU could offer a year.
See also: EU's Juncker Warns UK Parliament To Reach Brexit Deal by April 12 (video)

2-3 Apr 2019: Wednesday House of Commons and Prime Minister's Question time.
Bring it on! May has to go!
1 Apr 2019, results of 2nd Day of Indicative Votes (no proposal approved):
Five reasons to love Brexit

"The 29th of March, 2019, should have been our independence day but as Brexit struggles on, Asa Bennett reminds readers of the five reasons they voted for Brexit in the first place."--The Telegraph video above published Mar 29, 2019.

 Friday 29 Mar 2019, UK Prime Minister Theresa May put her 'Brexit deal' to MPs for a vote for the third time, and it was defeated 344 "no" votes to 286 "aye." May said the defeat of her strategy had “grave” implications for the country, while the European Commission said an economically damaging no-deal split is now “a likely scenario.” See also Theresa May faces her day of reckoning on Brexit - and is warned it will not end well--telegraph.co.uk. Highlights from the EU Withdrawal Agreement Debate (video).

Editor's note 29 Mar 2019: the best or  "least dirty shirt" option at this point appears to be the default option, leaving with no deal on April 12, in view of the inability of the government or parliament to come up with an acceptable alternative, since uncertainty is starting to negatively impact the UK economy (video). Under a No Deal Brexit the UK would leave the EU on  April 12th on WTO terms. Though a "no deal" Brexit is disliked by a majority in the HoC, it still remains the "default option" under the Brexit legislation passed following the referendum on June 23, 2016. See also Brexit: Yanis Varoufakis (video) on May's mistakes and the best road ahead.

Why May's 'Deal' Was Rejected 3 times? It Wasn't Really Brexit.
Links:
Mar 27, 2019 update after the indicative votes, Peston LIVE video via Twitter.

Mar 27, 2019, House of Commons video, MPs' voted on a series of options to try to find a path forward, even though the "indicative votes" would not be binding on the government as it goes against the Tory manifesto. No alternative path gained a majority:
The statutory instrument proposing a new exit day for the UK to leave the EU has been passed. House of Commons voted 441 to 105 in favour. This amends the definition of “exit day” to ensure it is 22 May or 12 April depending if the Commons approves the "Withdrawal Agreement."

Mar 26, 2019 video: UK lawmakers once again frustrated Prime Minister Theresa May's plans for Brexit. On Monday evening MPs voted to take control of the parliamentary agenda. They're now set to hold a series of indicative votes on the country's departure from the EU, in an effort to find a solution backed by a majority. May has said she won't be bound by the results, but observers say this latest development shows just how much authority she's lost  over the Brexit process. See also ERG lawyers dispute May's delay (thread).

Previously on DomainMondo.com:


Meanwhile in Germany:

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