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Brexit 101


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Brexit 101

  #661 (permalink)
 
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 jtrade 
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rleplae View Post
...and now ?

1. Vote of no confidence will not succeed.
2. Mrs May will not be allowed to proceed with a No Deal Brexit
3. Finally, she will have to announce another referendum, this time either Remain or Leave with No deal, rescinding Article 50 in the process.
4. UK will vote by a clear but not particularly large* margin to Remain.
5. A huge sigh of relief is breathed throughout the EU and the EU struggles onwards.
6. The hugely positive benefit of the whole Brexit fiasco is that those with ambitions for political, rather than merely economic, union within the EU have been firmly pushed back (as they should imho).

* It would be a large margin, except many in Britain have been deeply upset by the complete inability of Mr Juncker & colleagues to see and accept that decisions made within the EU (but outside the UK) hugely contributed to the result of the vote 2 years ago. As a result, there are quite a few Brits who voted Remain who now wish to leave, even with No Deal.

C'mon, everybody, SOME of you must be at least beginning to doubt that Brexit will happen ?

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  #662 (permalink)
 
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xplorer View Post
The vote outcome by the Washington Post

Cable reaction:

What non-Brits must make of The Speaker one can only wonder : I find him simply hysterical !

Thanks for the cable link : I would have been trading 6B this afternoon had I not, somewhat ironically, been spending the day in beautiful Maastricht, where my daughter was attending an Open Day for potential students at UCM. Almost all the university buildings are within the walls of the old city and University College, where we were, is actually within an old monastery, complete with cloisters and going right up to the ancient city walls.

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  #663 (permalink)
 
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Suggestion for a Poll:

What is an 'Irish Backstop'?

1. An alternative procedure to a colonoscopy.
2. A makeshift plumbing technique.
3. A notorious sexual position.
4. A full bottle of any Irish whiskey.
5. The only good thing to come out of Brexit, linguistically speaking.

R.I.P. Roy Goldberg (srgtroy), 1965-2023.
Please visit [url="https://nexusfi.com/off-topic/60226-srgtroy-r-i-p-brotha.html[/url] for more information.
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  #664 (permalink)
 
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 jtrade 
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Speaking of Ireland, did I mention that sometime last year - utterly disgusted by the UK political shambles (not only around, but nevertheless centred-upon, Brexit) - I decided to take Irish citizenship (my paternal grandmother was Irish), wanting nothing further to do with the UK ?

My brother is the keeper of the family tree, so I asked if he could please obtain the requisite copy of my dear grandmother's birth certificate. He called me a few days later, "You're not gong to be happy with my news", he said, "our great grandmother traveled to London when she was 6 months pregnant and Granny was born in Hammersmith!". Having one grandparent born in Ireland is an essential requirement to take Irish citizenship.

Bloody Irish

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  #665 (permalink)
 carofa 
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It is like in Switzerland when the populations wants something what the entire parliament do not want to happen.
So they want to tell you Brexit is not possible . All those polls/surveys are wrong (same like with Scotland,Trump,Brexit...)
All those news are wrong that Brexit is a problem .

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  #666 (permalink)
 
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 SMCJB 
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jtrade View Post
Speaking of Ireland, did I mention that sometime last year - utterly disgusted by the UK political shambles (not only around, but nevertheless centred-upon, Brexit) - I decided to take Irish citizenship (my paternal grandmother was Irish), wanting nothing further to do with the UK ?

My brother is the keeper of the family tree, so I asked if he could please obtain the requisite copy of my dear grandmother's birth certificate. He called me a few days later, "You're not gong to be happy with my news", he said, "our great grandmother traveled to London when she was 6 months pregnant and Granny was born in Hammersmith!". Having one grandparent born in Ireland is an essential requirement to take Irish citizenship.

Bloody Irish

Surprised a grandparent does it, but then Irish passports always been a lot easier to get than UK or US. Most people in the last 50+ years have been leaving Ireland not joining it.

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  #667 (permalink)
 
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SMCJB View Post
Most people in the last 50+ years have been leaving Ireland not joining it.

Despite my "Bloody Irish" comment, Ireland is indeed a wonderful country with wonderful people.

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  #668 (permalink)
 
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 xplorer 
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LONDON (Reuters) - More than 275 financial firms are moving a combined $1.2 trillion in assets and funds and thousands of staff from Britain to the European Union in readiness for Brexit at a cost of up to $4 billion, a report from a think tank said on Monday.

UK lawmakers are due to vote on Tuesday on an EU divorce settlement. But with less than three weeks to go before Brexit day on March 29, it is still unclear whether the deal will be approved, whether departure from the EU will be delayed, or whether it will happen without agreement.

The report by the New Financial think tank, one of the most detailed yet on the impact of Brexit on financial services, said Dublin alone accounted for 100 relocations, ahead of Luxembourg with 60, Paris 41, Frankfurt 40, and Amsterdam 32.

The independent think tank said half of the affected asset management firms, such as Goldman Sachs Investment Management, Morgan Stanley Investment Management and Vanguard, had chosen Dublin, with Luxembourg the next port of call, attracting firms like Schroders, JP Morgan Wealth Management and Aviva Investors.

Nearly 90 percent of all firms moving to Frankfurt are banks, while two-thirds of those going to Amsterdam are trading platforms or brokers. Paris is carving out a niche for markets and trading operations of banks and attracting a broad spread of firms.




Full article on Reuters

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  #669 (permalink)
 Grantx 
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  #670 (permalink)
 
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I have been thinking about Brexit. If I drink a little less Scottish malt whisky, but maintain my consumption of Irish whiskey I should be fine. I cannot think about any other impact this will have on my life.

Or did I miss something?

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