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  1. #10021
    Voluntary Voluntary is offline

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    HSBC predicts 1EUR = 1GBP in case of no deal scenario.

    And exchange rates:
    1.11 is seen by the end of the first-quarter 2018,
    1.09 by mid-2018 and
    1.05 by year-end 2018.


    https://www.poundsterlinglive.com/gb...exchange-rates
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  2. #10022
    Socratus O' Pericles Socratus O' Pericles is offline
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    Quote Originally Posted by im axeled View Post
    the uk remind me of the gobahn saor
    Architects of their own downfall.
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  3. #10023
    darkhorse darkhorse is offline
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    May is in for a shock when she rocks up to Donald Tusk tomorrow waffling meaningless drivel about 'a deep and special relationship' with the EU which will be 'good for both sides'


    Theresa May’s hopes of negotiating a “deep and special” trading relationship with the EU have been dealt a fresh blow by leaked documents which emphasise that only a basic free trade deal similar to that struck with Canada will be offered.

    An internal discussion paper prepared by the European commission spells out how the British government’s rejection of membership of the single market and the customs union leaves the member states with little wriggle room in trade talks.


    The paper states that “single market arrangements in certain areas” or the “evolution of our regulatory frameworks” could not be managed within the EU body of law as it stands and therefore the UK would have to be satisfied with a “standard FTA”.

    The publication of the leaked document comes ahead of a bilateral meeting between May and the president of the European council, Donald Tusk, on the margins of an EU leaders’ summit in Gothenburg on Friday. Tusk will ask the prime minister to explain how the British government intends to move the negotiations forward, to allow the widening of the talks at the European council summit in a month’s time.


    He will warn the prime minister that she cannot take for granted that the other 27 member states will rule that there has been “sufficient progress” on citizens rights, the Irish border and the divorce bill, at the European council meeting on 14 and 15 December.


    The Guardian has further learned that the 27 member states have sought a legal opinion from the European commission on a possible extension of the two years allowed for talks under article 50 of the Lisbon treaty.


    The member states do not envision a lengthy extension of the two years, however. One EU diplomat said: “We all have our own domestic political situations to deal with and so I can’t imagine us having unanimity on extending article 50. And this extension would only be if we are near striking a deal and need a few extra weeks or months.”

    Leaked EU paper dents May's hopes for bespoke Brexit trade deal
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  4. #10024
    Tribal Tribal is offline

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    I believe the British are coming to the shocking realisation that the EU27 might be deceitfully acting in their own interests.
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  5. #10025
    hollandia hollandia is online now
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    Quote Originally Posted by Tribal View Post
    I believe the British are coming to the shocking realisation that the EU27 might be deceitfully acting in their own interests.
    The bästards
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  6. #10026
    Norman Bates Norman Bates is offline
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    Wha? The answer to their problems is staring them in the face ...

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  7. #10027
    Se0samh Se0samh is offline
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    Quote Originally Posted by Norman Bates View Post
    Wha? The answer to their problems is staring them in the face ...



    Hope not 'cos this followed that.......
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  8. #10028
    gleeful gleeful is offline

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    Quote Originally Posted by Voluntary View Post
    HSBC predicts 1EUR = 1GBP in case of no deal scenario.

    And exchange rates:
    1.11 is seen by the end of the first-quarter 2018,
    1.09 by mid-2018 and
    1.05 by year-end 2018.


    https://www.poundsterlinglive.com/gb...exchange-rates
    Logically the pound should already be lower than it is. The currency market is a bit disconnected from reality at the moment.
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  9. #10029
    Tribal Tribal is offline

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    As mentioned earlier, Ken Clarke.
    “The border problem in Northern Ireland, the supreme importance of keeping the settlement in place in Northern Ireland for the remaining peace in Northern Ireland is probably the single biggest, most important reason why it would be preferable for the United Kingdom as a whole to stay in the single market and the customs union,” he said.
    “If the Brexiteers, the right-wing nationalists, won’t allow us to do that, then the best solution after that, I agree with the Taoiseach actually, is that you have a border down the Irish Sea.”
    https://www.irishtimes.com/news/irel...arke-1.3294972

    What many Brexiters haven't fully absorbed yet is that the DUP are essentially ultra British nationalists. If a bunch of British nationalist goons were allowed to parade every saint George's day and slow beat their drum outside every non-Brit residence they'd be branded thugs. Yet in their roadkill of empire across the Irish sea that is exactly what their loyalist ulster brethren have practiced and have been petitioning the DUP to influence the Tories to lift restrictions on contentious marches like the Garvaghy road.

    Davis and co talk about protecting the GFA while being propped up by the political branch of a sectarian culture that opposed the GFA.

    At least with direct rule the most honest face of british nationalism is reconnected to its original patron that is Westminster.
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  10. #10030
    Cnoc a Leassa Cnoc a Leassa is offline

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    Brexit Sec. Davis visit to Berlin last evening was seriously counterproductive it seems. Davis seemed to have no idea of the contradictions in his speech, such as his concern for German car exports to UK, and EU putting domestic politics ahead of economic wellbeing.

    David Davis fails to convince German business leaders over Brexit free trade deal

    David Davis fails to convince German business leaders over Brexit free trade deal
    Justin Huggler Christopher Keller 17 November 2017 • 3:11am

    ...

    Mr Davis’ attempt to court German industry appeared to have backfired as his speech was greeted with incredulous laughter.

    ....

    But he was met with derision and disbelief. Heads of multi-billion pound companies shook their heads and muttered angrily as Mr Davis fumbled for answers under questioning.
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