Most Read
    Image 01 Image 02 Image 03
    Announcement
     
    Announcement
     

    BREXIT Tag

    British Prime Minister Theresa May remains on shaky grounds after two cabinet members resigned a day after she announced that the cabinet backed her proposal on Brexit. She has now lost a total of 12 cabinet members in the last year. From CBS News:
    Dominic Raab, the second of May's Brexit secretaries to quit the role in as many years, said the draft agreement reached with Brussels would effectively leave Britain beholden to the rules and regulations of the European Union and even give the EU the power to stop the U.K. from extricating itself down the road. He said he could not "in good conscious support the terms" of the deal he helped to craft.

    President Donald Trump criticized Europe's open border policy, saying that mass immigration was permanently changing the continent for the worse. The UK is "losing" its culture as a result, he added. "I think it changed the fabric of Europe and, unless you act very quickly, it’s never going to be what it was and I don’t mean that in a positive way." Trump said in an interview with the British newspaper The Sun. The comments came on the first day of his visit to the UK.

    Prior to the Brexit vote, the Centre for Economics and Business Research (CEBR) lent fuel to the "remain" proponents' "Project Fear" by predicting economic gloom for the UK should voters choose "leave."  Their doom and gloom report assured the world that leaving the EU would plunge the UK into economic decline. Indeed, the Bank of England predicted, incorrectly as it's turned out, that a UK vote to leave the EU would lead to recession.  This didn't happen, and as I noted in 2016, the UK has no problem reaching trade agreements on its own.  Unfettered by the EU albatross, the UK economy is now expected—by the CEBR no less—to flourish.

    British Prime Minister Theresa May has struck a deal with Northern Ireland's Democratic Unionist Party (DUP) to give the conservatives the slim majority it needs for May to stay in her role. The New York Times reported:
    With the deal, which is reported to provide Northern Ireland with additional funding of up to $2 billion over five years, Mrs. May will be able to win a clear majority vote in Parliament on Wednesday on the legislative program her government set out last week. Without the support of the D.U.P., Mrs. May risked losing that vote of confidence, which would have opened the way for the opposition Labour Party to try to form a minority government of its own.

    In a rare move, German Chancellor Angela Merkel has threatened the British government with "consequences" if it were to restrict immigration from the EU member states after the country formally breaks away from the union. “If the British government says that free movement of people is no longer valid, that will have its price," German Chancellor said. "Merkel threatens the Brits," reported the leading German newspaper, Die Welt.

    If Britain were to put a cap on the number of EU immigrants allowed into the country, "we would have to think about what obstacle we create from the European side," Merkel warned. German Chancellor's latest threats came in the backdrop of recent reports that British Prime Minister Theresa May was planning to end the open immigration from the EU countries, once Britain leaves the union following the Brexit negotiations.

    The latest polls suggest that UK’s Labour Party leader Jeremy Corbyn might be leading his party to a historic defeat in next month's general election. The Conservatives, under the leadership of Prime Minister Theresa May, "are set to become the biggest party in almost every area of Britain including traditional Labour strongholds," British newspaper The Sun reported on Monday. Labour has already been battered in local elections held earlier this month, “losing hundreds of seats and the control of stronghold councils defended by Labour for decades” -- as the British newspaper Independent described it. Sensing an impending electoral drubbing, Corbyn admitted that his party faces "challenge on historic scale" in this general election.

    British Prime Minister Theresa May stunned many British politicians on Tuesday morning when she called for a snap election on June 8 as a way to help her negotiate through the Brexit process with the European Union. May had said before that she would not hold a general election, but opposition from within the government over Brexit negotiations forced her hand. The London Times reported:
    “The country is coming together but Westminster is not,” she said.

    Back in October, German Chancellor Angela Merkel and French President Francois Hollande warned British Prime Minister Theresa May that the United Kingdom might face a tough time leaving the European Union. Those warnings have come to fruition a day after the UK delivered the official Brexit letter to the EU. Merkel and Hollande demanded to May "that Brexit negotiations must deal with how Britain will leave the bloc" before the countries even think about future negotiations.

    The divorce between the United Kingdom and the European Union has officially begun. Tuesday, British Prime Minister Theresa May signed the letter to EU Council President Donald Tusk to trigger Article 50 of the Lisbon Treaty, which allows a member to leave the union. Wednesday morning, British Ambassador to the EU Sir Tim Burrow handed the letter to Tusk. The UK now has two years to leave the EU.

    British Prime Minister Theresa May will activate Article 50 of the Lisbon Treaty to start the Brexit process on March 29, which will start the two year negotiations for the United Kingdom to leave the European Union. From The London Times:
    Britain is keen to seek a comprehensive free-trade deal with the EU as part of the exit process. However, the European Council wants to sort out Britain’s “divorce bill” from the bloc before any future relationship is agreed. The status of EU nationals already in the UK is another issue that both sides want to deal with early on.

    As Brexit looms around the United Kingdom, Scotland's First Minister Nicola Sturgeon has announced she may ask for approval to have another independence referendum. From CNN:
    Sturgeon said it was clear that the UK was heading for a "hard Brexit" to the detriment of Scotland, and that Scottish voters deserved a choice of remaining in the European Union as part of an independent nation.

    Uh oh. UK Parliament Speaker John Bercow has found himself in deeper water after he revealed to students that he voted for the UK to remain in the European Union on the Brexit vote. From The Telegraph:
    His fresh comments appear to breach the convention that Speakers of the House of Commons do not allow themselves to be drawn into political debate.

    The UK Supreme Court has decided that parliament must decide if the government can start the Brexit process. The ruling also stated that the "Scottish Parliament and Welsh and Northern Ireland assemblies did not need a say." Prime Minister Theresa may cannot begin talks with European Union (EU) leaders until parliament votes. May would like to invoke Article 50 of the Lisbon Treaty, the part that allows a country to leave the EU, by the end of March.