TUESDAY, 20 AUG 2019

 

CONNECT

Facebook Linked In Twitter
GAP_Group_2019_728x90px
Invest Cyprus 30/04-30/03/2019
IMH LTD

Anastasiades and SG Envoy Lute Agree to Continue Consultations for Cyprus Solution

US Delays Huawei Trade Ban for Another 90 Days

IMH LTD
GAP_Group_2019_468x60px

INTERNATIONAL

brought to you by CIPA

May: UK Will Not Be 'Trapped' in Backstop

May: UK Will Not Be 'Trapped' in Backstop

Theresa May is heading to Brussels to press EU leaders for legally binding changes to the Brexit deal.

The PM will insist the UK will not be "trapped" in the backstop - the plan to avoid the return of Irish border checks whatever UK-EU trade deal is agreed.

She will say the deal must change if it is to win the support of MPs who urged her to seek "alternative arrangements" when rejecting the deal last month.

However, the EU has repeatedly ruled out changing the withdrawal agreement.

And May's visit is being overshadowed by the row over Wednesday's outburst by Donald Tusk, who declared there was a "special place in hell" for those who campaigned for Brexit without a plan to deliver it safely.

MPs who backed Leave in the 2016 referendum reacted with anger to the comments, accusing the European Council president of "arrogance".

David Lidington, the minister seen as May's second-in-command, said Tusk's comment "wasn't the most brilliant diplomacy in the world".

He told BBC Radio 4's Today: "I think Tusk was venting yesterday, but I don't think that will detract from what I expect to be a courteous and sensible grown-up discussion between the different EU leaders and the prime minister."

Jeremy Corbyn has written to the prime minister setting out his party's price for supporting a Brexit deal and to offer talks to secure "a sensible agreement that can win the support of Parliament and bring the country together".

The Labour leader's five demands include a "permanent and comprehensive UK-wide customs union" aligned with the EU's customs rules but with an agreement "that includes a UK say on future EU trade deals".

Corbyn also wants close alignment with the EU single market and "dynamic alignment on rights and protections" for workers so that UK standards do not fall behind those of the EU.

He also proposes participation in EU agencies and funding programmes, and agreements on security and keeping access to the European Arrest Warrant.

The letter does not mention previous demands that any deal must deliver the "exact same benefits" that membership of the single market and customs union currently does - effectively scrapping the party's "six tests" that had been its Brexit policy.

The BBC's Political Editor Laura Kuenssberg said Labour's shadow Brexit secretary Sir Keir Starmer would be meeting cabinet office minister David Lidington to discuss the proposals.

But the move was met with dismay by Labour members of the People's Vote campaign for another EU referendum, who accused Corbyn of going back on his commitment, made at the party's conference, to back a public vote if he can't force a general election.

Labour MP Chris Leslie tweeted: "Seriously? Offering to help Tory Govt enable Brexit? It's not just Labour's conference policy in the bin.

"When the jobs go & revenues for services dry up as a result - Labour's leadership will have ZERO right to complain: they share responsibility."

 

MORE ON INTERNATIONAL

Sony to Buy Insomniac Games

PlayStation console maker Sony Interactive Entertainment said on Monday it would buy ...

US Delays Huawei Trade Ban for Another 90 Days

The US Commerce Secretary, Wilbur Ross, has confirmed a ban on Chinese technology giant ...

Apple Responsible for 2.4 Million U.S. Jobs

Apple Inc has said it was either directly or indirectly responsible for 2.4 million U.S. ...

FROM AROUND GOLDNEWS

   

Trump Calls for Big Rate Cut and Economic Stimulus

The US central bank should consider cutting interest rates by one percentage point and introduce "some quantitative easing" stimulus measures, ...
   

Amazon Under Fire for New Packaging that Cannot be Recycled

Amazon has been criticised by environmental groups and customers after introducing a range of plastic packaging that cannot be recycled in the UK, The Guardian ...
   

EY: Global IPO Market Shows Continued Signs of Slowdown in Q2 2019

The trend of unicorn IPOs coming to market and pushing their proceeds to historic levels continued in Q2 2019 despite ongoing geopolitical uncertainty and ...
   

Sony to Buy Insomniac Games

PlayStation console maker Sony Interactive Entertainment said on Monday it would buy privately held Insomniac Games Inc, known for developing games such as ...
   

KPMG in Cyprus Supports the Pancyprian Volunteerism Coordinative Council’s Campaign ‘Collecting School Supplies for Children’

Corporate Social Responsibility programme forms an integral part of KPMG’s corporate philosophy around the world, combining economic and business growth ...
   

US Delays Huawei Trade Ban for Another 90 Days

The US Commerce Secretary, Wilbur Ross, has confirmed a ban on Chinese technology giant Huawei will not come into force for another 90 days, the BBC reports. ...
   

Record Number of Tourists for July 2019

July 2019 had the highest volume of tourist arrivals ever recorded in Cyprus during the specific month, with arrivals of tourists reaching 550,971 in July 2019 ...
   

US Considers Activities of Yavuz as Unlawful

The United States considers the activities of Turkish drillship Yavuz off the north-eastern coast of Cyprus as unlawful, and urges the Turkish authorities to ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

Taxatelier_09/08/-06/09_300X250px
Gold_Digital_Edition_300x250px

IMH LTD