World Comment: Britain is incapable of managing Brexit and calamity will follow

14:32  14 july  2017
14:32  14 july  2017 Source:   The Financial Times

Querrey stuns wilting Murray at Wimbledon

  Querrey stuns wilting Murray at Wimbledon Sam Querrey has stunned Andy Murray at Wimbledon to make the semi-finals at the All England Club. © Michael Steele/Getty Images Sam Querrey of The United States plays a forehand. Querrey roared back from two sets to one down to defeat Murray, who's hip injury appeared to flare, 3-6 6-4 6-7 (7-4) 6-1 6-1.

The UK's Brexit secretary David Davis, left, with EU negotiator Michel Barnier, who says Britain must recognise an exit deal will demand a substantial payment © AFP. There is, as a result, neither a comfortable exit from Brexit nor a plausible way of managing it smoothly.

British business confidence declines on Brexit fears.

  Comment: Britain is incapable of managing Brexit and calamity will follow © PA

The UK once had a deserved reputation for pragmatic and stable politics. That will not survive the spectacular mess it is making of Brexit. 

Remember what has happened. In an unnecessary referendum, a small majority chose an option they could not understand, because it had not been worked out. Thereupon, a new prime minister, with no knowledge of the complexities, adopted the hardest possible interpretation of the outcome. She triggered the exit process in March 2017, before shaping a detailed negotiating position. Some 70 days later, in an unnecessary election, she lost both her majority and her authority.

Greece set to leave EU deficit blacklist

  Greece set to leave EU deficit blacklist <p>The decision showed the progress Greece has made, said European Commission vice-president Valdis Dombrovskis, who has special responsibility for the eurozone.</p>The move is a further boost for Athens days after it secured a fresh tranche of cash from its latest bailout to meet crucial debt payments and avoid a fresh crisis.

Hover over the profile pic and click the Following button to unfollow any account. Say a lot with a little. When you see a Tweet you love, tap the heart — it lets the person who wrote it know you shared the love. Replying to @FT. Re-vote Brexit .

Screen Name: jeckythump Location: Rochdale. Tweets: 39,359 Followers: 1,301 Following : 1,098 Britain is incapable of managing Brexit & calamity will follow https RT @HenryCPorter: BBC leads with "May Shed a Tear" while real news organisations lead on Brexit bill's executive power grab.

The Conservative party is so split over Brexit as to be no longer a coherent party of government. It is, as a result, questionable whether the compromises needed over money owed to the EU, rights of EU residents and the role of the European Court of Justice, could win approval in parliament. The Labour party will offer no relief: it wants another general election and is now about as split over Brexit as the Tories.

Meanwhile, Michel Barnier, the EU’s negotiator, patiently explains, as if to inattentive children, that “the clock is ticking”. In late March 2019, the UK will exit the EU. If businesses are to make sensible plans, they will need to know what is going to happen no later than a year from now. If the deal is to be ratified, it must be sealed by autumn 2018.

Prince's Trust sorry for Aust child abuse

  Prince's Trust sorry for Aust child abuse A youth charity set up by Prince Charles has apologised to former child migrants who were sexually abused at Fairbridge Society farm schools in Australia.Britain's Prince Charles

Brexit : A Norwegian solution for Britain does not appear forthcoming, says Norway PM. Brexit could lead to a fragmentation of the financial services industry in Europe, incapable of UK not following 'Norwegian solution': Norwegian PM. We're trying to live within the Brexit vote, says IOD chairman.

blog 'robertrobinson.blogdetik.com' is not exists.

Moreover, as the EU has insisted, “nothing is agreed until everything is agreed”. Mr Barnier also argues that the UK must recognise that an exit deal will demand a substantial payment. This was in response to Boris Johnson, Britain’s foreign secretary, who remarked in parliament: “I think that the sums that I have seen . . . seem to me to be extortionate and I think ‘go whistle’ is an entirely appropriate expression.” If the UK sticks to this, there will certainly be no deal, be it a good one or a bad one.

The UK government has failed to prepare the ground for any of the necessary compromises. It could probably not do so, in any case, because a significant number of Brexiters fail to understand the weakness of the UK’s hand: damage to access to the EU market would, for example, be far worse for the UK than vice versa, because the EU’s economy is some five times bigger than Britain’s.

What to watch next
  • Mercury to plummet as cold snap hits the nation’s south east coast

    Mercury to plummet as cold snap hits the nation’s south east coast

    9News.com.au Logo
    9News.com.au
    1:32
  • Senator Scott Ludlam resigns from parliament.

    Senator Scott Ludlam resigns from parliament.

    ABC News Logo
    ABC News
    1:32
  • 9RAW: Prince Harry chats to war vets at ‘Dunkirk’ film premiere

    Prince Harry chats to war vets at ‘Dunkirk’ film premiere

    9News.com.au Logo
    9News.com.au
    0:25
  • AFL executives resign over scandal

    AFL executives resign over scandal

    ABC News Logo
    ABC News
    17:43
  • 9RAW: Trump says ‘something could happen’ with Paris Accord

    Trump says ‘something could happen’ with Paris Accord

    9News.com.au Logo
    9News.com.au
    0:17
  • Recycling plant inferno continues to rage

    Recycling plant inferno continues to rage

    9News.com.au Logo
    9News.com.au
    3:21
  • 9RAW: ‘Most politicians would have done the same’: Trump

    ‘Most politicians would have done the same’: Trump

    9News.com.au Logo
    9News.com.au
    1:13
  • 9RAW: Repairman uses note to beg for help after becoming trapped in ATM

    9RAW: Repairman uses note to beg for help after becoming trapped in ATM

    9News.com.au Logo
    9News.com.au
    0:19
  • 9RAW: CCTV shows man wanted in relation to vandalising Roxy Jacenko’s office

    CCTV shows man wanted for vandalising Jacenko’s office

    9News.com.au Logo
    9News.com.au
    0:32
  • Swanport Bridge victim died just weeks after 21st birthday

    Swanport Bridge victim died just weeks after 21st birthday

    Seven News Logo
    Seven News
    1:27
  • 9RAW: Kellyanne Conway uses 'Sesame Street'-style flashcards

    Kellyanne Conway uses 'Sesame Street'-style flashcards

    9News.com.au Logo
    9News.com.au
    1:32
  • President Trump Shares Awkward Moment With First Lady Of France

    Trump shares awkward moment with First Lady of France

    Veuer Logo
    Veuer
    0:55
  • Royals meet Royal

    Royals meet Royal

    tenplay Logo
    tenplay
    1:57
  • Flu Treatment

    Flu Treatment

    tenplay Logo
    tenplay
    1:53
  • Sydney's property boom running out of steam

    Sydney's property boom running out of steam

    Seven News Logo
    Seven News
    1:15
  • Owners of show ride that killed little girl fined $840

    Owners of show ride that killed little girl fined $840

    Seven News Logo
    Seven News
    1:12
UP NEXT
UP NEXT

Worse, many Brexiters seem prepared for a “no deal”. But the UK would then, in the view of its most important economic partners, have defaulted on its legal obligations. The EU is a creature of law. Members would view such a violation of UK obligations as heinous.

Macron outshines Merkel as EU's top diplomat

  Macron outshines Merkel as EU's top diplomat Striking images from Paris this week offered signs of how Europe's de-facto leadership has started to mutate in the two months since Macron took office. The 39-year-old French president welcomed US President Donald Trump to Paris for dinner in the Eiffel Tower and the traditional July 14 military parade.The smiles and glad-handing between the two men contrasts starkly with Trump's dour relationship with German Chancellor Angela Merkel.

blog 'gregclady.blogdetik.com' is not exists.

blog 'tiffanybrown.blogdetik.com' is not exists.

Anybody who thinks EU members would then co-operate over vital British interests, such as the flow of goods or aviation is dreaming. Amyas Morse, head of the National Audit Office, has noted that the UK may be unable to process a vastly increased number of customs declarations after Brexit. But this underplays the risks. What will happen to the procedures on the other side?

The UK government is stuck between a rock and a hard place. It will find it almost impossible to agree and implement a sensible deal on the divorce, the nature of the longer-term trading arrangement and the transition in the time available. But it would be even more impossible to fail to do so. Who knows which will win? My guess is that “no deal” is now the more likely.

Sooner or later, markets will realise this, too. That could be destabilising for sterling and cause another spike in inflation. That would create a painful dilemma for the Bank of England. Jeremy Corbyn’s arrival as prime minister could also become more credible. How, after all this tomfoolery, could the Conservatives continue to claim the mantle of sober competence?

Macron puts France top of 'soft power' rankings: Survey

  Macron puts France top of 'soft power' rankings: Survey France has leapfrogged the United States and Britain as the world's top so-called soft power, helped by the election of President Emmanuel Macron.&nbsp;While France has risen, Donald Trump's ascent to the White House has seen the US slip from the top last year to third place in the Soft Power 30 study, compiled by PR company Portland Communications and the University of Southern California.

blog 'jayboulden.blogdetik.com' is not exists.

blog 'staceyhunter.blogdetik.com' is not exists.

What would happen then? Many Remainers still hope that, as the economy becomes still worse, the polls showing a continued rough balance between Brexiters and Remainers, will break for the latter, so causing a big shift of opinion in parliament. I see no constitutional objection to a referendum on the terms of Brexit (or the absence of such terms). Referendums are merely a (dangerous) political tool. But politically another referendum would be dynamite, further aggravating the deep splits over the European issue.

The UK has become so ludicrous because the issue of the EU is so deeply felt by a significant part of the body politic. The Brexiters are the Jacobins of UK politics. Their ideological intensity has devastated the Conservative party and reduced British politics to its present shambles. There is, as a result, neither a comfortable exit from Brexit nor a plausible way of managing it smoothly.

Whom the Gods wish to destroy they first make mad. So it now is over Brexit.

France Says `We Want Our Money Back' as Brexit Talks Crawl On .
France insisted that the U.K. pay a Brexit bill of as much as 100 billion euros ($115 billion), underlining the hurdles to substantial progress in negotiations toward a new relationship with the European Union. © Flavia Krause-Jackson and Helene Fouquet BC-FRANCE-BREXIT-MONEYBACK As the second round of talks wraps up in Brussels, French Finance Minister Bruno Le Maire used a hearing in the French parliament in Paris on Wednesday evening to take a hard line on what the EU believes the U.K. owes the bloc in terms of liabilities and obligations.

—   Share news in the SOC. Networks
This is interesting!