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Today in Brexit: The mood music is getting worse, but officials are strangely silent about what could happen if everything ends without an agreement.
The European Union has a clear Brexit message from its summit meeting in Brussels: governments and businesses must plan the worst. But nobody says what's going to happen to the Irish border if the British government falls out of the block next year without a divorce settlement.
The Irish border issue – or how to prevent the new EU-UK. Land border of the division of the island of Ireland with customs and police ̵
The question, reports Dara Doyle, is whether the Republic of Ireland could oppose the construction of a border, as it has suggested
"The United Kingdom has said that they will not do it," said Irish Prime Minister Leo Varadkar this month in an interview with the TV3 broadcaster. "And I have made it very clear to other European Prime Ministers and Presidents that Ireland will never do that."
But privately, a senior European official said the Irish should take a more moderate approach or risk aloofness when the talks collapsed
The EU official said that, in the event of Britain's failure to block out the bloc without an agreement, it would be sympathetic Ireland, but controls would eventually have to be carried out. Ireland would be given time to organize a border, and some leaks and smuggling could initially be tolerated, the official said. But ultimately a limit should rise.
France is one of the countries most concerned about protecting the integrity of the EU's single market, which allows the free movement of goods, services and people. Failure to adequately monitor the border in the event of a no-deal brexit would create major problems with the European Commission and other Member States. EU officials have shown unprecedented solidarity with Ireland on the border issue. That could be tested if everything goes wrong.
- companies are becoming bleaker, according to the Bank of England, as the Brexit will affect them.
- There is a compelling case for a second referendum, as most legislators think Brexit will make the country worse, argues Philip Stephens in the Financial Times.
- It lasted until dawn, but European leaders agreed to tackle the refugee crisis. 19659015] Brexit coming soon
Terror Tactics | In Brussels, Prime Minister Theresa May accused the EU of threatening the safety of its citizens by blocking a comprehensive Brexit security treaty. During a working lunch May said that Britain wants to play an important role in European security after its emigration, but the EU's rules-based, inflexible approach stands in the way. The Prime Minister also wants the flexibility of the EU in relation to a definitive trade agreement, but the EU rejects this as "cherry picking". The mood is getting icy, said Jean-Claude Juncker from the European Commission Bring her Cabinet in line.
Tragedy | Germany's deputy foreign minister, Michael Roth, called on Great Britain to put "good arguments and a strategy" on the table and define what it expects from the split. "It's a tragedy to see that negotiations are so difficult," he said.
On the markets | The pound hit a new seven-month low on Thursday, dropping to $ 1.3066. Trading the pound is a binary bet on the outcome of the Brexit negotiations, says portfolio manager David Rule of Manulife Asset Management.
Population Slows | The UK population is growing at a slower pace than ever since the EU's eastward enlargement 14 years ago. The weakening this year until June 2017 was a sharp decline in immigration, especially among EU citizens looking for work. The slowdown was most pronounced in areas that have experienced high levels of immigration in recent years, reports Andrew Atkinson.
Hedge Funds The British legislator Bob Seely requested a parliamentary inquiry into the use of private survey data by hedge funds. Bloomberg reported on Monday how hedge funds hired private pollsters to give them a trade advantage in the 2016 referendum.
The Brexit World Cup | Theresa May arrived in Brussels a few hours before the meeting between England and Belgium, and her counterparts had a surprise for her. In front of the television cameras of the world, the Belgian Prime Minister Charles Michel May presented the bright red shirt of the Belgian national team with the name (Eden) Hazard.
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