Brexit, the economy and house prices part 5

Moby

Rough_Justice wrote: »

Fixed that for you.

Unless you have the current opinions of those people you don't know their opinions on Brexit.
Feel free to post current opinions from these if you have them and before you go there Hannan has been put in the picture by Davis as said earlier.


(Not suggesting unanimity BTW, just demonstrating the fallacy of that thinking.)

The referendum was in 2016. That's when people decided what they were voting for so I was saying Theo's point was a good one.
The EU are now turning the screws on us and will today insist that N Ireland has to stay inside a customs union. While a letter from Boris the clown has been leaked saying there should be a border, presumably like the one between Westminister and Camden!

Bottom line.....We are being told what Brexit will be like. It is not a negotiation but this was inevitable. Realpolitiks writ large. It would have been infinitely better not to have gone down this road.

gfplux

Those who are in admiration of the WTO might consider their new best friend has these matters uppermost in their mind this week.

QUOTE
PRESIDENT NYUSI OF MOZAMBIQUE MEETS DG AZEVÊDO AT THE WTO
His Excellency Filipe Nyusi, President of Mozambique, met with Director-General Roberto Azevêdo at the WTO on 26 February to discuss how trade and the WTO can help Mozambique achieve its development goals, including economic diversification and global integration. President Nyusi was accompanied by the Minister for Foreign Affairs Jos! Condugua Ant!nio Pacheco, the Minister of Industry and Commerce Ragendra de Sousa and other senior officials.
News item: https://www.wto.org/english/news_e/news18_e/dgra_26feb18_e.htm

AZEVÊDO STRESSES HOW ACCESS TO MEDICAL TECHNOLOGIES CAN PROMOTE HEALTHY LIVES
Speaking at a symposium on 26 February held jointly by the World Health Organization, the World Intellectual Property Organization and the WTO, Director-General Roberto Azevêdo said that the three organizations share a responsibility to ensure that new technologies reach those in greatest need. He said that discussions at the symposium would help to guide this work and to assist !!!8220;our shared efforts to ensure that we maximise the role of innovation and technology in promoting health and well-being!!!8221; and in delivering on the Sustainable Development Goals.
Speech: https://www.wto.org/english/news_e/spra_e/spra212_e.htm

CANADA DONATES CAD 250,000 TO SUPPORT FOOD SAFETY, ANIMAL/PLANT HEALTH STANDARDS AND TRADE
Canada is contributing CAD 250,000 (approximately CHF 180,000) to the Standards and Trade Development Facility (STDF) in 2018 to help developing countries comply with international food safety, animal and plant health standards and therefore access agricultural markets more easily. The donation will help developing and least-developed countries improve their sanitary and phytosanitary (SPS) capacity.
Press release: https://www.wto.org/english/news_e/pres18_e/pr818_e.htm

PHILIPPINES FILES REVISED REQUEST FOR ADDITIONAL COMPLIANCE REVIEW IN THAI CIGARETTES DISPUTE
The Philippines has submitted a revised request for WTO dispute consultations with Thailand to address Thailand!!!8217;s compliance with an earlier WTO ruling concerning measures imposed by Thailand on imported cigarettes from the Philippines. The request was circulated to WTO members on 26 February.
News item: https://www.wto.org/english/news_e/news18_e/ds371_21R1oth_26feb18_e.htm

NEW BOOK HIGHLIGHTS HOW SAFE TRADE SOLUTIONS HELP THE POOREST COUNTRIES
A new book by the Standards and Trade Development Facility (STDF) features 25 stories showing how good practice in food safety, animal and plant health has helped small-scale farmers and processors in developing countries trade more easily and improve their livelihoods. The book was unveiled at a STDF Policy Committee meeting held at the World Organisation for Animal Health (OIE) on 23 February.
News item: https://www.wto.org/english/news_e/news18_e/stdf_26feb18_e.htm

AZEVÊDO: WTO ESSENTIAL FOR BULGARIA!!!8217;S CONTINUED ECONOMIC REFORMS AND INTEGRATION INTO GLOBAL ECONOMY
Speaking at the National Assembly of the Republic of Bulgaria on 27 February, Director-General Roberto Azevêdo thanked Bulgaria for its support in helping the WTO deliver important trade reforms in recent years, which he noted will deliver important benefits for the country. He also discussed the way forward at the WTO after the recent Buenos Aires Ministerial Conference. !!!8220;I have no doubt that Bulgaria!!!8217;s voice !!!8211; together with the EU !!!8211; will be very important to advance these conversations,!!!8221; he said.
Speech: https://www.wto.org/english/news_e/spra_e/spra213_e.htm

VIET NAM INITIATES WTO COMPLAINT AGAINST UNITED STATES OVER SEAFOOD IMPORT MEASURES
Viet Nam has requested WTO consultations with the United States regarding US measures relating to the inspection, marketing and labelling of Pangasius fish from Viet Nam. The request was circulated to WTO members on 27 February.
News item: https://www.wto.org/english/news_e/news18_e/ds540rfc_27feb18_e.htm

LAUNCH OF NEWS PORTAL TO RAISE AWARENESS OF TRADE DEVELOPMENT IN LEAST-DEVELOPED COUNTRIES
A new portal has been launched by the Enhanced Integrated Framework (EIF) to provide a platform for the exchange of news, information and experiences on trade and development in least-developed countries (LDCs).
News item: https://www.wto.org/english/news_e/news18_e/if_26feb18_e.htm
END QUOTE.

ALSO AVAILABLE IN SPANISH AND FRENCH.

gfplux

More from Politico about the first draft of the withdrawal agreement.... Out today!
Rough not the words tortuous negotiations.

QUOTE
WITHDRAWAL SYMPTOMS: Michel Barnier will pull the trigger on an almighty new Brexit row today with the publication of the EU!!!8217;s 120-page draft withdrawal treaty with Britain. The document puts into law the terms of Britain!!!8217;s EU departure after months of tortuous negotiation !!!8212; and separate to any future trade deal. Officials who have seen the draft say it contains key clauses the U.K. will struggle to accept. One creates a !!!8220;backstop!!!8221; option of keeping Northern Ireland aligned to Europe and inside the customs union if no other solution to the border dispute can be found. The other gives the European Court of Justice power to adjudicate any future dispute arising from the treaty !!!8212; effectively keeping Britain under the authority of European judges for many years to come.
END QUOTE

tracey3596

gfplux wrote: »

More from Politico about the first draft of the withdrawal agreement.... Out today!

Well you had better hope that the EU stick to their side of the agreement and haven't added any little "extra's" then, if you want an agreement agreed.

A Downing Street source said: !!!8220;We are fully committed to implementing the December agreement, but the EU should be absolutely clear that the Prime Minister is not going to sign up to anything that threatens the constitutional integrity of the UK or its common market.
!!!8220;Nor are we going to accept the ECJ as the final arbiter of the withdrawal agreement. There are many issues on which we are in agreement with the EU but, when it comes to these matters, you can expect the Government!!!8217;s response to be robust.!!!8221;
They added: !!!8220;This is a draft negotiating position by the EU and not a final, binding text.!!!8221;

http://www.independent.co.uk/news/uk/politics/theresa-may-brexit-threaten-integrity-ireland-eu-northern-republic-customs-union-a8231891.html

Herzlos

Team UK's response to the EU will certainly be robust:
To UK Press "outrageous, we won't stand for it. Very difficult woman"
To EU: "YES SIR!"

I haven't seen mention of anything unreasonable in the draft spec, but May's red lines don't give her much room to do anything.

tracey3596

More news which flies in the face of remainer cries of woe.

Toyota to build new Auris car at UK plant, in Brexit boost for PM May

The Japanese carmaker will make its new Auris hatchback at Burnaston, Derbyshire, replacing the current run of the model made there, the company said in a statement.

https://uk.reuters.com/article/uk-toyota-britain/toyota-to-build-new-auris-car-at-uk-plant-in-brexit-boost-for-pm-may-idUKKCN1GC1EL?il=0

gfplux

It!!!8217;s arrived.

https://ec.europa.eu/commission/publications/draft-withdrawal-agreement-withdrawal-united-kingdom-great-britain-and-northern-ireland-european-union-and-european-atomic-energy-community_en

Rinoa

Herzlos wrote: »

Team UK's response to the EU will certainly be robust:
To UK Press "outrageous, we won't stand for it. Very difficult woman"
To EU: "YES SIR!"

I haven't seen mention of anything unreasonable in the draft spec, but May's red lines don't give her much room to do anything.

Perfectly reasonable - if you don't mind being subservient to the EU.

Herzlos

tracey3596 wrote: »

More news which flies in the face of remainer cries of woe.

Toyota to build new Auris car at UK plant, in Brexit boost for PM May

https://uk.reuters.com/article/uk-toyota-britain/toyota-to-build-new-auris-car-at-uk-plant-in-brexit-boost-for-pm-may-idUKKCN1GC1EL?il=0

Again, Tracey, did you read the article? It's not actually that spectacular:

The automaker said free trade was important for the future.
“With around 85 percent of our UK vehicle production exported to European markets, continued free and frictionless trade between the UK and Europe will be vital for future success,” said Toyota Europe President and CEO Johan van Zyl in Wednesday’s statement.

Sources told Reuters last year that Toyota planned to build the model in Britain on the assumption that ministers will secure a transitional Brexit deal designed to maintain current trading conditions until at least the end of 2020.

Toyota’s Burnaston plant churned out 144,000 models last year, down 20 percent from 2016 according to industry data

So they are still relying on free trade and assuming the government will avoid a hard brexit as well as a long transition.

So you could better summarize the article as "despite Brexit, Toyota to replace Auris plant, on the assumption of a soft Brexit".

85% of vehicles being exported to the EU might show how much UK car manufacturing needs a good deal. Compare that with the (IIRC) 7% of BMWs being exported to the UK.

tracey3596

ilovehouses wrote: »

It won't be the final draft because it touches on areas where there has been no negotiation to date so written from an EU perspective. In my opinion it's been written to allow the UK to force 'concessions'.

The EU must be worried the UK government won't survive until March next year let alone until the next general election.

If you had read the link it clearly says:

“This is a draft negotiating position by the EU and not a final, binding text.”

I think perhaps the word you were looking for to describe how the EU wrote it was "coercion".

In my opinion it's far more likely that the EU must be worried at seeing their hoped-for tens of billions of Euros slipping further from their gluttonous grasp.