Member Info for mick-b

next week.

Interesting aspects of The Government White Paper released today

Services.
As recently as three weeks ago the Treasury was calling for mutual recognition as the way forward for financial services after Brexit. That is no longer the plan. In other words, the City of London's two-year lobbying effort to keep things as similar as possible has ended in abject failure. Instead the UK will retreat to asking for some kind of equivalence scheme. "It's a hit," one source said. "We are conceding the mutual recognition side. We listened. We hope the EU reciprocates."

Customs.
The implementation of the facilitated customs arrangement (the third way between the customs partnership and maximum facilitation) will be "phased in". Or, to put it less delicately, it will not be ready in time for the start of 2021, when the post-Brexit transition period ends. Officials are silent on how long that phase will be, and what will come in between, but it will doubtless be some form of continuing customs union.

Migration.
Free movement as configured by one of the four freedoms of the single market will end. But EU citizens will be able to come to work in the UK without a visa on a "temporary" basis. How temporary? That is a matter for negotiations. But it sounds rather different to Sajid Javid's promise only yesterday that EU citizens would no longer have an "automatic right" to "hop on a plane" in order to work in the UK.

Unilateral free trade is just more magical thinking....
Akin to a World free of nuclear weapons
Idealistic and will never happen....coz (some) human beings are evil

Finally, after 2 long years, the cabinet have an agreed UK trade proposal to offer the EU.
Just the start of an increasingly painful process

Typical Agent Orange FALSE NEWS Troajan M8
Cheers 🍻

But now that Trump is deep into the trade fight he desperately wanted, there’s no clear exit strategy and no explicit plans to negotiate new rules of the road with China, leaving the global trade community and financial markets wracked with uncertainty. As cargo ships head to ports in China with U.S. exports and Chinese ships head to U.S. ports, the new tariffs threaten to disrupt the established economic world order in ways that will soon cause pain for American and Chinese consumers.

Trump said “trade wars are good”

“The timing of this would be poor since the Treasury needs to tap the capital markets more than ever, in greater size, to pay for the plentiful tax cuts passed a few months ago,” Kevin Giddis, head of fixed income capital markets with Raymond James in Memphis, Tennessee.

The massive tax overhaul enacted last December was projected to add up to $1.5 trillion to the U.S. debt load over a decade, while a two-year spending deal reached last month would add $300 billion to the deficit.

At the end of 2017, foreign governments owned $4.03 trillion or nearly 29 percent of the $14.47 trillion in Treasury securities outstanding.

https://www.reuters.com/article/us-usa-trade-treasuries-analysis/dumping-u-s-debt-a-possible-weapon-in-global-trade-war-idUSKCN1GE2ZS

Susan
LOVE pussies
How did you know....
Have a old black one at the mo
So I'll be wanting a nice young replacement soon

akin to the wheel of Fortune, without the fortunes

If China wanted to they could just start dumping Tbills? They are the U.S leading creditor.

DT obviously needs to walk a fine line between keeping his electorate happy, whilst making the cost of goods go up for the same electorate population :)

Smoke and mirrors.

The Sun can reveal that includes emergency measures to keep Britain’s massive food and drinks industry afloat - including stockpiling ahead of exit day on 29 March next year.

More than £22 billion worth of processed food and drinks are imported in to the UK - 97 per cent from the EU - in an industry that keeps 400,000 workers employed in the UK.

Similar stockpiles are also being prepared for medical supplies amid fears of chaos at British ports next year.

The Trump administration raised the stakes in the standoff with Beijing by threatening to impose 10 percent tariffs on a list of $200 billion worth of Chinese imports, a move that hit risky assets globally.

Though investors have been looking positively towards the second-quarter earnings season, the increasingly uncompromising rhetoric on trade has weighed on equities recently.

"It's getting a bit more real for markets now," Ken Odeluga, market analyst at City Index, said, referring to the United States' threat of more tariffs.

"It's more difficult to dismiss this on the basis that ... little has happened in real terms," Odeluga added.

Hi JOE
We have a surprise for agent orange when he visits London this Friday.
It's big and bright and can't be missed
https://www.standard.co.uk/go/london/attractions/donald-trump-baby-balloon-where-to-see-the-blimp-during-the-presidents-uk-visit-a3882776.html
Nice win of your's in Vegas btw
Cheers 🍻

Nine months into a year-long, sink-or-swim cost saving initiative, Shanta Gold (SHG) has managed to strip $7.2m from its annual budget. The reductions, largely the result of contract renegotiations and the “elimination of non-essential G&A spend” would have arguably gone further, had the Tanzanian miner not had to face a three-month decline in the gold price to $1,260 an ounce. Buy

Cheers 🍻 all

Nine months into a year-long, sink-or-swim cost saving initiative, Shanta Gold (SHG) has managed to strip $7.2m from its annual budget. The reductions, largely the result of contract renegotiations and the “elimination of non-essential G&A spend” would have arguably gone further, had the Tanzanian miner not had to face a three-month decline in the gold price to $1,260 an ounce. Buy

As BOJO said...it's a polished turd
SAME AS LLOYDS

LAST surviving member of CHURCHILL's 1950s government,

Globally.
Europe is just one of their destinations. And it won't stop.
Blame technology that opens the eyes to the poor/desperate and those wanting a better life.
WE would be JUST the same in their circumstances.

Thanks ionic ....again
I always read your posts on the BOO board and TICK recommend ....so you know i've read them.
The rest don't seem to care about your charts while JAMBON and his disciples have moved to highly risky KOOVS to gamble loads.
ATB

remainders especially as ALL the great offices of state now held by people who campaigned for Remain in the referendum.