Theresa May told parliament and members of her government on Wednesday that the Brexit deal agreed with Brussels was the best possible agreement for the UK to leave the EU and one that delivers on the result of the referendum in 2016. Her deal was however attacked by both leavers and remainers and it remains highly doubtful that the agreement would win the necessary support in her cabinet and then the British parliament before it can be signed and sealed. The agreement certainly hasn't won any support among campaign groups representing the 1.2 million British citizens living across the EU. "Claims by the British government that 'they have delivered on citizens' rights' are entirely false," Brian Robinson from the Brexpats Hear our Voice campaign group told The Local. "The draft agreement only touches upon some treaty rights, and ignores the rest." "The citizens’ rights part of the Withdrawal Agreement was agreed in full back in March," the spokesman … [Read more...] about OPINION: Brexit deal does not deliver on the rights of Britons in Europe
Business and City folk who spend much time travelling, when asked about how the rest of Europe looks at the Brexit issue, report two key trends. The first, understandably enough, is that Europeans cannot stop laughing at the ineptitude of Britain's political class or shaking their heads in disbelief at the way one of the world's most pragmatic and mature democracies has seemingly lost its head.The second is that mainland Europeans are not following the Brexit negotiations as obsessively as Britons are because they have other priorities.:: Brexit political turmoil - live updatesAvert your gaze momentarily from the chaos in Westminster towards mainland Europe and it quickly becomes clear why.While the Conservative Party was doing its best to tear itself apart on Thursday, Germany was waking up to the news that its economy had contracted during July, August and September, the first time this had happened since the first three months of 2015 and representing the weakest performance since … [Read more...] about Europe has economic woes of own beyond Brexit
David Mchugh, Ap Business Writer Updated 5:31 am PST, Friday, November 16, 2018 An aircraft flies over the bank buildings and the television tower before sunrise in Frankfurt, Germany, Monday, Nov. 12, 2018. An aircraft flies over the bank buildings and the television tower before sunrise in Frankfurt, Germany, Monday, Nov. 12, 2018. Photo: Michael Probst, AP Photo: Michael Probst, AP Image 1 of / 1 Caption Close Image 1 of 1 An aircraft flies over the bank buildings and the television tower before sunrise in Frankfurt, Germany, Monday, Nov. 12, 2018. An aircraft flies over the bank buildings and the television tower before sunrise in Frankfurt, Germany, Monday, Nov. 12, 2018. Photo: Michael Probst, AP Brexit, … [Read more...] about Brexit, Italy, trade: Risks piling up for Europe’s economy
LONDON (Reuters) - European stocks slipped again and sterling and the euro remained fragile on Friday, as one the most dramatic twists yet in the Brexit process compounded another turbulent week for world markets. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 9, 2018. REUTERS/Staff London, Paris and Frankfurt struggled to maintain a modest early bounce [.EU] having been clattered the previous day when Britain’s Brexit minister quit in protest over a draft deal with the European Union. Wall Street tech stocks looked set to take a hit, with Nasdaq futures pointing 1 percent lower as disappointing results from U.S. chipmaker Nvidia Corp hit the chip sector globally. [.N] Sterling faired a little better than on Thursday when it slumped more than 2 percent versus the dollar in what turned out to be its worst day against the euro since the post-Brexit vote fallout of 2016. But with reports of a UK leadership … [Read more...] about Europe battles Brexit blues, losses seen for Wall Street’s chipmakers
Phoebe Wall Howard Detroit Free Press Published 6:00 AM EST Nov 15, 2018 Ford views its purchase and renovation of the Michigan Central Train station as a good investment made affordable because of "community support," a top company executive told investors in response to a question about the carmaker's financial priorities at Barclays Global Automotive Conference in New York. "We can do it pretty efficiently because of the support we're getting from the community," said Joe Hinrichs, Ford executive vice president and president of global operations. In August, Ford said it planned to spend nearly $740 million on renovations and would seek more than $238 million in "tax or other incentives" to support the project. He said the train station acquisition, announced in June, is about "looking to the future" and where the next generation of workers want to work. The Dearborn-based automaker has talked about creating a tech hub where as many as … [Read more...] about Ford talks train station, changes in Europe to Barclays investors.