Ivan Rogers 18 June 2019 5:42 PM 18 June 2019 5:42 PM Share Twitter Facebook LinkedIn Email Whatsapp I must confess that, with denial, delusion-mongering and deception still rampant across British politics – on all sides, I might add – I do find this [speaking today] quite a formidable challenge! I want to remain resolutely optimistic about our country’s long-term prospects. We all know this is a great country. Sadly, it’s one currently very poorly led by a political elite, some masquerading as non-elite, which has great difficulties discerning and telling the truth. I am discouraged by just how badly Brexit has been handled to date, and currently pessimistic that this is going to get any better any time soon. I am worried that the longer the sheer lack of seriousness and honesty, the delusion mongering goes on, the more we imperil our long-term prospects. It is not patriotism to keep on failing to confront realities and to make … [Read more...] about Ivan Rogers: no deal is now the most likely Brexit outcome
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European stocks were in recovery mode on Friday after a cautious message from the European Central Bank hit investors’ appetite for risk in the previous session, with traders eyeing a U.S. jobs report and U.S. trade tussles with Mexico for fresh direction. The pan-European STOXX 600 gained 0.9%, with Paris-traded stocks posting a 1.6% gain. Frankfurt-listed shares rose 0.8%, while their peers in London firmed 1%. U.S. stocks closed higher Friday, following a weaker-than-expected jobs report, which supported the case for the Federal Reserve to ease interest rates in the near future, amid fears that the U.S. economy is decelerating as trade tensions between the U.S. and counterparts Mexico and China persist. The Dow Jones Industrial Average rose 1%, to 25,983.94, while the S&P 500 index gained 1.1%, at 2,873.34. The Nasdaq Composite Index advanced 1.7% to 7,742.1. Maltese market was closed on Friday due to national holiday – Sette Giugno. President Donald Trump claimed a … [Read more...] about With Mexico deal done, US urges China to resume trade talks
The judges of the European Court of Justice (ECJ) said in their ruling that the mechanism to resolve disputes between investors and states, which critics say unfairly favour multinationals, is in line with EU law. The binding ruling of the Luxembourg-based ECJ means a sigh of relief for supporters of the deal. It also means, the court backed the system agreed by Canada and the EUon protecting the rights of foreign investors, for situations where investors from either side claim they have been unfairly treated. The judges said that the tribunals set up by the agreement cannot have the power to interpret or to apply EU law, other than those in the deal, in a way that could hinder the power of EU institutions. The court also said the deal contains provisions which deprive the tribunals of questioning the choices of states when those states curb an investor's rights due to the protection of public order, public safety, food safety, the protection of public morals, consumer protection, … [Read more...] about EU top court backs Canada trade deal in ruling
OTTAWA – The Ukrainian Canadian Congress (UCC) applauded the March 15 announcement by Canada’s Department of Global Affairs that 114 individuals and 15 entities have been sanctioned in response to Russia’s aggressive actions in the Black Sea and the Kerch Strait and Russia’s illegal annexation of Crimea. Last November three Ukrainian ships were captured by Russian naval forces, 24 Ukrainian sailors were captured and are still in Russian captivity. The UCC noted that this was a “premeditated and deliberate act of aggression against Ukraine by Russia, which has been waging war on Ukraine for over five years.” In addition, over 70 other Ukrainian citizens are currently illegally imprisoned in Russia. Canada’s Minister of Foreign Affairs Chrystia Freeland stated: “Canada and its allies are unwavering in our support for Ukraine’s sovereignty and territorial integrity. Russia’s provocations in the Kerch Strait and its illegal … [Read more...] about UCC lauds Canada’s new sanctions on Russia
The Spectator 16 February 2019 9:00 AM 16 February 2019 9:00 AM Share Twitter Facebook LinkedIn Email Whatsapp Even the most fervent Brexiteer would have to admit to being impressed at the cohesion and chutzpah of the European Union negotiating team. Michel Barnier talks as if it is the UK that most needs a deal, while the rest of the EU could carry on just as well as before, or better, without one, given that it would be able to attract business and investment away from us. For the EU to concede a trade deal, therefore, would seem to be little more than an act of kindness towards a fallen friend. As a diplomatic bluff, it is strikingly successful. But the economic reality is rather different. A free-trade deal benefits all. But if there were to be no deal, then what would happen? A report by the Halle Institute for Economic Research and the Martin Luther University of Halle–Wittenberg this week sought to explain. Its basic case is that EU exports to … [Read more...] about The EU and UK are one sentence away from a Brexit deal. Why the games?