Tag Archives: eu

Third Brexit vote must be different – Speaker | BBC News

Speaker John Bercow has thrown the UK’s Brexit plans into further confusion by ruling out another vote on the PM’s deal unless MPs are given a new motion.

In a surprise ruling, he said he would not allow a third “meaningful vote” in the coming days on “substantially the same” motion as MPs rejected last week.

With 11 days to go before the UK is due to leave the EU, ministers have warned of a looming “constitutional crisis”.

The UK is currently due to leave the EU on 29 March.

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Business is ‘staring down the precipice’ over Brexit | CNN

Companies in the United Kingdom are suffering from a bad case of déjà vu after lawmakers rejected a second version of the Brexit deal negotiated by Prime Minister Theresa May.

“Enough is enough,” said Carolyn Fairbairn, director general of the Confederation of British Industry, a business lobby. “It’s time for parliament to stop this circus,” she added, stressing that “jobs and livelihoods depend on it.”

The stunning defeat increases the chances that Britain will crash out of the European Union without a deal in just 17 days — doing big damage to the economy — or that Brexit will be delayed, prolonging the uncertainty for business.

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Theresa May offers MPs Brexit delay vote | BBC News

Theresa May has promised MPs a vote on delaying the UK’s departure from the EU or ruling out a no-deal Brexit, if they reject her deal next month.

Mrs May made a statement to MPs about Brexit on Tuesday, amid the threat of a revolt by Remain-supporting ministers.

The PM has promised MPs a meaningful vote on her Brexit deal by 12 March.

But Labour leader Jeremy Corbyn accused the prime minister of another “grotesquely reckless” Brexit delay.

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EU to launch counter-tariffs against US on Friday | BBC News

The European Union will launch a raft of retaliatory tariffs against US exports on Friday, a top official has said.

The move comes after US President Donald Trump imposed steep duties on steel and aluminium earlier this month.

American exports such as blue jeans, motorbikes and bourbon whiskey will be targeted, trade commissioner Cecilia Malmstrom confirmed.

However, she said the bloc “did not want to be in this position”.

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Brexit talks: U.K. and EU begin divorce negotiations | CNN Money

Brexit talks are officially underway.

Officials charged with negotiating the first departure of a country from the European Union were in Brussels on Monday to kick off the most consequential series of talks for the U.K. since the end of World War II.

Chief U.K. negotiator David Davis is meeting his EU counterpart, former French foreign minister Michel Barnier, to grapple with a complex set of questions about the future of trade and migration, how much the country must pay to settle its bill with the bloc, and the rights of millions of citizens who have settled in Britain or Europe.

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Paramount settles EU pay-TV probe but other studios hold out | Money CNN

Paramount has broken ranks with other Hollywood studios and agreed to ditch contentious contracts that restricted who could watch its movies on pay-TV in Europe.

Europe’s top regulator said Tuesday that Paramount will now allow customers across the European Union to access pay-TV content that had previously been restricted to the U.K. and Ireland.

Last year, the regulator accused Paramount and five competitors of illegally curbing European access to movies and TV shows through anti-competitive contracts with Britain’s Sky TV (SKYAY), part of Rupert Murdoch’s 21st Century Fox.

The other five studios the regulator fingered are: Disney (DIS), Comcast (CCV)-owned NBCUniversal, Sony (SNE), Twentieth Century Fox, also owned by 21st Century Fox (FOX), and Warner Bros. (Warner Bros. is a unit of Time Warner (TWX), which owns CNN.)

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EU referendum fallout: Markets and political analysis, Brexit legality | Business Insider

Britain is getting exactly what it voted for when it pipped for an exit from the European Union.

It is hurtling toward a recession and a fractured political landscape that now seems irreparable.

This is not fearmongering. The warnings were laid out repeatedly across a seemingly endless raft of reports from the Treasury, bank analysts, and independent research firms and think tanks.

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Insight: The day Europe lost patience with Britain | Reuters

The swing was very, very quick. Everybody was on board in a matter of minutes. I think it was obvious inside the room that Cameron was shocked by the swiftness with which his allies left him alone.”

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Morgan Stanley Says Europe’s Pandora’s Box Has Been Opened | ZeroHedge

…the same poll has found that 63% of Germans think Greece should be kicked out of the Euro, with just 32% believing the country can still be saved

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