Post-Brexit Thread

Can't link to the story at the moment but the Eurozone have agreed some debt relief to Greece.

[heero_yuy]

In a bid to see off a rebellion by pro-EU Tories, the PM agreed to a Labour demand to publish her Brexit “plan” soon.
The Government added to the Labour motion, and added that MPs should support the PM's Brexit timetable

But at the same time, she also laid down the gauntlet to the Commons to accept June’s landmark decision.

The historic vote will be the first time that all MPs have been asked to endorse the British people’s verdict, after they backed the campaign to stay in the EU by a ratio of two to one.

A government amendment to Labour’s original motion will this afternoon press MPs to “respect the wishes of the United Kingdom as expressed in the referendum on 23 June”.

And in another bid to smoke out Remain supporters who secretly want to block Brexit, the Commons will also be asked to back the PM’s timetable of triggering Article 50 exit talks by the end of next March.

A senior No10 source said: “This is potentially very awkward for some Labour MPs and the likes of Nick Clegg.

“Now we’ll see if those who say they accept the referendum result really do.”

Linky

[1andrew1]

Originally Posted by Damien

Can't link to the story at the moment but the Eurozone have agreed some debt relief to Greece.

Here's the article on the debt relief to Greece http://www.reuters.com/article/us-eu...-idUSKBN13V22R

I think elections in France and Germany will not be issues for the Eurozone. It's in Greece, Italy and Spain that problems may exist.

---------- Post added at 11:42 ---------- Previous post was at 11:41 ----------

Originally Posted by heero_yuy

Linky

Theresa May is a politician's politician and a clever move on her part.

[Ramrod]

Yep, when I'm playing a high stakes game of poker I always show my cards to the audience so that they can discuss my hand within earshot of the other players

[1andrew1]

Leave voter British hairdresser Deir Dos Santos explains why he brought the legal challenge against Parliament not needing to vote on Article 50. Yup, it's not just Gina Miller who feels strongly on this issue.
Will the Brexit red top press term him a Monaleaver?
http://www.independent.co.uk/news/uk...-a7395096.html

---------- Post added at 12:59 ---------- Previous post was at 12:56 ----------

A group of Labour MPs will refuse to vote to force Theresa May to reveal her Brexit plans – because it would also mean backing her timetable for triggering Article 50.
http://www.independent.co.uk/news/uk...-a7460531.html

Originally Posted by 1andrew1

LA group of Labour MPs will refuse to vote to force Theresa May to reveal her Brexit plans – because it would also mean backing her timetable for triggering Article 50.
http://www.independent.co.uk/news/uk...-a7460531.html

Presumably they don't represent heavily leave-voting constituencies. Having that on your voting record could be considered electoral suicide come 2020.

[1andrew1]

Originally Posted by Chris

Presumably they don't represent heavily leave-voting constituencies. Having that on your voting record could be considered electoral suicide come 2020.

I believe they're all London MPs so shouldn't harm their re-election chances but won't enamour them to Jeremy Corbyn.

Motion passed easily. http://blogs.spectator.co.uk/2016/12...-50-end-march/

461 MPs have just voted for Theresa May to invoke Article 50 by the end of March. The Tory amendment to Labour’s opposition day motion passed comfortably with only 89 MPs opposing it—and Ken Clarke the only Tory amongst them with 20-odd Labour Mps joining the SNP and the Lib Dems in voting against.

There is never any threat of Brexit being overturned by Parliament. Look how comfortable that majority is. May should just allow a vote on Article 50 and recognise the importance of Parliament.

[1andrew1]

Originally Posted by Ramrod

Yep, when I'm playing a high stakes game of poker I always show my cards to the audience so that they can discuss my hand within earshot of the other players

That's interesting but not particularly relevant here. The EU knows the cards that we hold; all the information about imports, exports, payments to the EU, EU nationals working in the UK, British soldiers deployed in Eastern Europe etc; it's all there in the public domain.
We know the EU needs time to get decisions from its 27 members so I cannot see the big deal in revealing what the UK Government wants, especially when the clock is ticking against us. I fear it's just been stalling by the UK Government whilst it seeks to get its own internal consensus and get a plan together. Why else wait so long?

---------- Post added at 00:04 ---------- Previous post was at 00:01 ----------

Originally Posted by Damien

Motion passed easily. http://blogs.spectator.co.uk/2016/12...-50-end-march/

There is never any threat of Brexit being overturned by Parliament. Look how comfortable that majority is. May should just allow a vote on Article 50 and recognise the importance of Parliament.

Agreed. May's a politician's politician but has strong tendencies to over-control things. I think that's why this lamentable situation has arisen when she could simply have put it to a vote in Parliament and won it hands-down.

[Gavin78]

I think once we start the process of article 50 come the end of the 2 years I think it would be extended if nothing is final. lets face it it's in the best interests for everyone to get it right as it could bring the EU crashing down if its all done wrong

The only potential problem is that either desirable outcome of the two year period (deal or extension) requires unanimous agreement. If the assembly of the walloons or whatever they are decide to dig their heels in, then no deal is possible and equally no agreement to extend negotiations is possible either. In those circumstances the U.K. automatically leaves the EU after the two years with no treaty governing its future relationship with the bloc. Trade in and out of the bloc is organised by default on WTO rules and tariffs.

Having said that, many don't see that as a major problem...

When we buy items or services from America how is that treated? Obviously if I buy a subscription to dropbox I guess that's considered a transaction that took place in the US so how do they govern the rest of it?

[1andrew1]

Originally Posted by Damien

When we buy items or services from America how is that treated? Obviously if I buy a subscription to dropbox I guess that's considered a transaction that took place in the US so how do they govern the rest of it?

I think it's now considered a purchase in the country of the purchase, at least for VAT purposes. And some of the US companies like Airbnb and LinkedIn now operate through European subsidiaries.

---------- Post added at 09:54 ---------- Previous post was at 09:53 ----------

Originally Posted by Chris

The only potential problem is that either desirable outcome of the two year period (deal or extension) requires unanimous agreement. If the assembly of the walloons or whatever they are decide to dig their heels in, then no deal is possible and equally no agreement to extend negotiations is possible either. In those circumstances the U.K. automatically leaves the EU after the two years with no treaty governing its future relationship with the bloc. Trade in and out of the bloc is organised by default on WTO rules and tariffs.

Having said that, many don't see that as a major problem...

Many Conservative politicians may not but most businesses do.

---------- Post added at 09:55 ---------- Previous post was at 09:54 ----------

Originally Posted by Gavin78

I think once we start the process of article 50 come the end of the 2 years I think it would be extended if nothing is final. lets face it it's in the best interests for everyone to get it right as it could bring the EU crashing down if its all done wrong

I agree. Although I doubt it would bring the EU crashing down, it wouldn't do it any favours either.

[Ramrod]

Originally Posted by 1andrew1

That's interesting but not particularly relevant here. The EU knows the cards that we hold; all the information about imports, exports, payments to the EU, EU nationals working in the UK, British soldiers deployed in Eastern Europe etc; it's all there in the public domain.
We know the EU needs time to get decisions from its 27 members so I cannot see the big deal in revealing what the UK Government wants

We'll have to agree to disagree on that point

Originally Posted by 1andrew1

I agree. Although I doubt it would bring the EU crashing down, it wouldn't do it any favours either.

Just look at what is happening and what could potentially happen once we leave.

Greece is set to need yet another Bailout, to what end does the EU, having to keep doing this? Of course it's other EU Countries which are not protected from the arrangement the UK had agreed on last year for Eurozone bailouts, thank god we did not join the Euro.

So such countries in the Eurozone, will be expected to foot the bill, rich nations expected to cough up all the time and help out AGAIN, this what I mean about ALL having to pay their fair share for membership and they, Greece, are not doing, and some just expect handout after handout and ride the gravy train, it cannot continue any more and in two years, we will be out of this unbalanced financial system, that is on track to implode on itself and people want to remain in this corrupted, weaved web of financial mess. No thanks.