Re: Brexit Thread 2
Posted: Thu May 16, 2019 8:46 pm
Vote Green
In early Friday trading the pound had edged down against the dollar to hit a fresh low of $1.2780, a level last seen in mid-February. In March it had traded almost at $1.34. Against the euro nine consecutive days of sterling falls represented the longest unbroken slide since the start of the century, according to Bloomberg.
Traders’ optimism that the UK will agree a softer exit from the EU is fading fast, explains London Capital Group’s Jasper Lawler.
Given the Tories sharp losses in the polls and the Brexit party’s dominance in polling for European elections, a hard-line Brexiteer Prime Minister is becoming more likely. The overriding fear for currency traders is that this means that a hard no deal Brexit is back on the table as an option.
Tafdolphin wrote:Pound falls below $1.28 as collapse of Brexit talks looms – business live
Moggy wrote:Tafdolphin wrote:Pound falls below $1.28 as collapse of Brexit talks looms – business live
Pound falls = "Great for exporters!" "It was a necessary correction in the markets!"
Pound rises = "See, everyone now has confidence in GLOBAL Britain!"
twitter.com/jameskirkup/status/1129278555513344000
Dear Prime Minister,
I am writing to let you know that I believe the talks between us about finding a compromise agreement on leaving the European Union have now gone as far as they can.
I would like to put on record that the talks have been conducted in good faith on both sides and thank those involved for their efforts to find common ground.
The talks have been detailed, constructive and have involved considerable effort for both our teams.
However, it has become clear that, while there are some areas where compromise has been possible, we have been unable to bridge important policy gaps between us.
Even more crucially, the increasing weakness and instability of your government means there cannot be confidence in securing whatever might be agreed between us.
As I said when we met on Tuesday evening, there has been growing concern in both the shadow cabinet and parliamentary Labour Party about the government’s ability to deliver on any compromise agreement.
As you have been setting out your decision to stand down and cabinet ministers are competing to succeed you, the position of the government has become ever more unstable and its authority eroded. Not infrequently, proposals by your negotiating team have been publicly contradicted by statements from other members of the cabinet.
In recent days we have heard senior cabinet ministers reject any form of customs union, regardless of proposals made by government negotiators. And despite assurances we have been given on protection of environmental, food and animal welfare standards, the international trade secretary has confirmed that importing chlorinated chicken as part of a US trade deal remains on the table.
After six weeks of talks, it is only right that the Government now wishes again to test the will of parliament, and we will carefully consider any proposals the government wishes to bring forward to break the Brexit deadlock.
However, I should reiterate that, without significant changes, we will continue to oppose the government’s deal as we do not believe it safeguards jobs, living standards and manufacturing industry in Britain.
Yours sincerely,
Jeremy Corbyn
Harry Ola wrote:I'm becoming more convinced that we are heading towards a "no deal" vs remain referendum.
The current House of Commons is never going to allow a "no deal" Brexit as things stand. But it seems that for a majority of the Brexit camp this is their preferred outcome and they won't accept any compromise deals. Therefore, whoever is Tory leader, we will continue to be at the same impasse. The only way out is another referendum.
Moggy wrote:Harry Ola wrote:I'm becoming more convinced that we are heading towards a "no deal" vs remain referendum.
The current House of Commons is never going to allow a "no deal" Brexit as things stand. But it seems that for a majority of the Brexit camp this is their preferred outcome and they won't accept any compromise deals. Therefore, whoever is Tory leader, we will continue to be at the same impasse. The only way out is another referendum.
I am not so sure that Parliament would pass such a referendum though. Remainers and sensible Leavers (if there is such a thing) would probably block the risk of a No Deal Brexit at a referendum.
The only way I see a referendum getting through Parliament is on the same “Remain v Leave” basis as before, that would give Remain another chance while also allowing Leavers to pretend Leave means whatever they want it to mean. But of course if Leave won then it would just leave us in the same mess.
BID0 wrote:
Vote Green
Moggy wrote:Harry Ola wrote:I'm becoming more convinced that we are heading towards a "no deal" vs remain referendum.
The current House of Commons is never going to allow a "no deal" Brexit as things stand. But it seems that for a majority of the Brexit camp this is their preferred outcome and they won't accept any compromise deals. Therefore, whoever is Tory leader, we will continue to be at the same impasse. The only way out is another referendum.
I am not so sure that Parliament would pass such a referendum though. Remainers and sensible Leavers (if there is such a thing) would probably block the risk of a No Deal Brexit at a referendum.
The only way I see a referendum getting through Parliament is on the same “Remain v Leave” basis as before, that would give Remain another chance while also allowing Leavers to pretend Leave means whatever they want it to mean. But of course if Leave won then it would just leave us in the same mess.
Harry Ola wrote:Moggy wrote:Harry Ola wrote:I'm becoming more convinced that we are heading towards a "no deal" vs remain referendum.
The current House of Commons is never going to allow a "no deal" Brexit as things stand. But it seems that for a majority of the Brexit camp this is their preferred outcome and they won't accept any compromise deals. Therefore, whoever is Tory leader, we will continue to be at the same impasse. The only way out is another referendum.
I am not so sure that Parliament would pass such a referendum though. Remainers and sensible Leavers (if there is such a thing) would probably block the risk of a No Deal Brexit at a referendum.
The only way I see a referendum getting through Parliament is on the same “Remain v Leave” basis as before, that would give Remain another chance while also allowing Leavers to pretend Leave means whatever they want it to mean. But of course if Leave won then it would just leave us in the same mess.
It obviously leaves open the possibility that the public would vote for a no deal Brexit. But if that happens we would only have ourselves to blame. I do not see where the compromise comes otherwise.
NickSCFC wrote:Agreed, Brexit Party winning the EU elections by a landslide will be the final nail in the coffin for a second referendum.
Nigel Farage has reignited his war of words with the BBC, blasting the broadcaster for failing to feature members of his Brexit Party enough on television.
He hit out at a rally last night as the weekly political panel show Question Time was shown without a member of the party despite it leading European election polls.
The episode, filmed in the Scottish town of Elgin, featured a panel predominantly from the country.
It saw Tory MP Bim Afolami joined by Scottish Labour leader Richard Leonard, Edinburgh Lib Dem Christine Jardine, the SNP's John Swinney and Brexiteer human rights lawyer Eilidh Douglas.
Speaking in the West Midlands last night Mr Farage, who has appeared on Question Time 33 times, said: 'We can choose to buy different newspapers. We can choose to listen to different commercial radio stations.
'Where I have a problem is when we are effectively taxed £150 a year just to have a television in our house.
'When the public service broadcaster does not put a single representative of this new party on any major television programme, even when we have gone from nothing to topping the polls.'
Mr Farage laughed as he added: 'And when we finally do get a one on one interview, I'll leave it there!'
The right-wing eurosceptic launched a tirade against the BBC at the weekend after after he was given a rough ride by Andrew Marr on his Sunday morning television programme.
Moggy wrote:If BP get 30%, Lib Dems 20%, Labour 19%, Tories 17%, Greens 10%, and CUKs 4%, then who has won? The Tory/Labour votes will be split between Remainers and Leavers (both sides are mental if they vote Tory or Labour at this election!) and it’s impossible to count those. Which would mean the country was split, probably with a slight advantage to Remain.
more heat than light wrote:Moggy wrote:If BP get 30%, Lib Dems 20%, Labour 19%, Tories 17%, Greens 10%, and CUKs 4%, then who has won? The Tory/Labour votes will be split between Remainers and Leavers (both sides are mental if they vote Tory or Labour at this election!) and it’s impossible to count those. Which would mean the country was split, probably with a slight advantage to Remain.
Right wingers abandoning UKIP and Tories to create a massive majority for themselves. Does that.... make them smarter than us?