Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
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by Bjinse on Tue May 28th, 2019 at 09:47:52 AM EST

(3) chamber slaves of the patriarchy, (1) AP, (1) SF, (1) DUP
Naomi Long secured the cross-community party's best ever result after taking the second of the region's three seats. Incumbent MEPs Diane Dodds of the Democratic Unionist Party and Sinn Féin's Martina Anderson took the other two seats. It is the first time NI has selected an all-female European Parliament line-up.
[...]
'Anger and frustration'
The pro-Remain Alliance Party is not aligned to Northern Ireland's traditional Catholic or Protestant voting blocs, and its success comes after a strong performance in this month's council elections.



Diversity is the key to economic and political evolution.
by Cat on Tue May 28th, 2019 at 04:47:07 PM EST
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Eight Tory leadership candidates declare themselves feminists

Diversity is the key to economic and political evolution.
by Cat on Sat Jun 1st, 2019 at 11:21:42 AM EST
[ Parent ]
EU chamber slaves of the patriarchy: BREXIT rewards

EU job carousel keeps turning as new hires announced

Michel Barnier's deputy Brexit negotiator, Sabine Weyand, will lead the trade directorate from 1 June, a decision that elicited praise from her former French boss, as well as from Swedish trade Commissioner Cecilia Malmström.
[...]
It means that as of next week EU trade policy will be helmed by five female managers: Malmström, Weyand, a head of cabinet and two deputy DGs.


Diversity is the key to economic and political evolution.
by Cat on Wed May 29th, 2019 at 04:25:47 PM EST
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Failing to hire women, ECB extends supervision job deadline: sources

Diversity is the key to economic and political evolution.
by Cat on Sat Jun 1st, 2019 at 11:24:14 AM EST
[ Parent ]

The under-study, Corbyn, backs soft Brexit and says second referendum 'some way off'

Diversity is the key to economic and political evolution.
by Cat on Thu May 30th, 2019 at 02:33:53 PM EST
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Trump tells UK to 'walk away' if EU does not give what it wants in Brexit
"I like Nigel a lot. He has a lot to offer - he is a very smart person," Trump said.
[...]
On the Brexit divorce bill, Trump said: "If I were them, I wouldn't pay 50 billion dollars. That is a tremendous number."
[...]
he would have "to know" veteran Socialist Labour opposition leader Jeremy Corbyn before authorizing U.S. intelligence to share its most sensitive secrets with a hard-left government.
Corbyn accuses Trump of interfering in UK politics with Johnson comments

Diversity is the key to economic and political evolution.
by Cat on Sat Jun 1st, 2019 at 11:22:11 PM EST
[ Parent ]
Change UK loses six of its 11 MPs after dire EU elections result
Change UK announced that it now had just five MPs, who will be led by the former Conservative business minister and anti-Brexit campaigner Anna Soubry.

The others remaining are the former Labour MPs Mike Gapes, Chris Leslie, Joan Ryan and Ann Coffey. In their statement, they said they would embark on a "nationwide programme of deliberative democracy", across the UK.

TIG o' Libertines:
[Heidi] Allen and [Chukka] Umunna have both been advocating closer cooperation with Vince Cable's party. Some of their erstwhile colleagues suspect they may have been offered plum seats, or the backing of Lib Dem activists in their existing constituency, if they defect.

The other four MPs to quit the party were Luciana Berger, who fronted its slick press launch on London's South Bank in February, Gavin Shuker, who had spent months drawing up secret plans for the breakaway group, Sarah Wollaston and Angela Smith.

Hair & Make-up:
"If I were running it, we would have one leader and a different name and we would have done a deal with all the other remain parties. Then we would be able to give the Brexit party a fight."


Diversity is the key to economic and political evolution.
by Cat on Tue Jun 4th, 2019 at 11:03:15 PM EST
[ Parent ]
-1 chamber slave of the patriarchy
MP Heidi Allen has quit yet another political party.
story developing ...

Diversity is the key to economic and political evolution.
by Cat on Tue Jun 4th, 2019 at 11:23:32 PM EST
[ Parent ]
Heidi hi, Heidi ho'
(sorry)

It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II
by eurogreen on Wed Jun 5th, 2019 at 09:26:06 AM EST
[ Parent ]
Brexit, data privacy rules damaging markets, report says
The International Organization of Securities Commissions [IOSC], which groups market regulartors from the United States, Japan, China, the European Union and 30 other jurisdictions, said in a report that regulators were already working together more closely to avoid rules from disrupting cross-border trade.
[...]
IOSCO looked at how willing countries are to "defer" to each other on rules after trust among regulators was damaged by the [Panic '08] ...It took the United States and the EU four years of politicized negotiation to accept a subset of their respective derivatives rules.
[...]
The [EU] bloc rejected a proposal from Britain's financial sector for "mutual recognition" or broad deference, saying it wants to maintain regulatory autonomy after Brexit. It has imposed tougher requirements on foreign derivatives clearing houses, a step aimed at clearers in London after Brexit, but which triggered concerns at the U.S. Commodity Futures Trading Commission (CFTC).
EU's markets watchdog warns of split share trading if no-deal Brexit
London is the centre for share trading in Europe, even for many non-UK shares, leaving EU asset managers facing a split pool of liquidity and less competitive prices.

After a spat with Britain's Financial Conduct Authority (FCA), the European Securities and Markets Authority (ESMA) last week partly reversed its "share trading obligation" (STO) so that EU investors could still trade the 14 shares in London.

"Despite this adjustment ... the STO will fragment markets and, being a supporter of open markets, I regret that result very much," ESMA Chair Steven Maijoor told a Federation of European Exchanges conference in Dublin. The STO, however, is due to Britain deciding to leave the bloc and the risk of a no-deal Brexit, Maijoor said. Britain has said that it will not disclose its approach to securities trading until it is clear there is no deal.

archived
North Korea of Europe &tc.

Diversity is the key to economic and political evolution.

by Cat on Wed Jun 5th, 2019 at 01:37:17 AM EST
[ Parent ]
Share trading these days are networked server farms that can be, and are, anywhere with reliable electricity and data links.  'London,' as such, has as much to do with the process of trading as Phoenix Arizona.

She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre
by ATinNM on Wed Jun 5th, 2019 at 02:51:50 PM EST
[ Parent ]
Well, remote locations do reduce the benefits of co-location or proximate location for high speed trading algos. But I don't know what the policies of London exchanges are on this subject.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Thu Jun 6th, 2019 at 04:29:19 AM EST
[ Parent ]
The dispute is not HOW trades are exchange. It is not WHERE.

It is WHO is licensed to exchange FX, commodities, and securities by EU gov.
Brief reminder: MiFID passport

Diversity is the key to economic and political evolution.

by Cat on Thu Jun 6th, 2019 at 06:44:04 AM EST
[ Parent ]
Swiss ready to retaliate against EU over stock market access
SIX, the operator of the Swiss bourse, said it welcomed the Swiss decision to activate the protective measures, as this meant EU market participants could still access the Swiss domestic market and continue to be able to trade Swiss shares directly at SIX.

Pan-European stock trading platform Aquis Exchange Plc said; "If equivalence is not extended, and if the Swiss Federal Department of Finance (FDF) rescinds recognition of EU trading venues for the trading of Swiss securities, then Aquis Exchange will take the necessary steps to comply with the directive."

archived
Swiss labour leader declares draft EU treaty 'dead'
cross-border competition

Diversity is the key to economic and political evolution.

by Cat on Wed Jun 26th, 2019 at 05:22:03 AM EST
[ Parent ]
A Clean Managed Break, 5 June 2019, Exiting the EU: A proposed Government policy for UK withdrawal from the EU following the rejection of the Withdrawal Agreement and Political Declation ...

Diversity is the key to economic and political evolution.
by Cat on Fri Jun 7th, 2019 at 12:57:42 AM EST
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Parliament has rejected the Negotiated Deal and No Deal in favor of some CloudCuckooCuckoo opium pipe dream Wonderland.  

Also the Tories are off having one of their (patented) Prime Minister faction fights.

Expect nothing sensible until both conditions have improved.


She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre

by ATinNM on Fri Jun 7th, 2019 at 04:49:55 PM EST
[ Parent ]
front page | MPs defeat motion seeking to block no-deal Brexit
"309 votes to 298 on Wednesday"

Diversity is the key to economic and political evolution.
by Cat on Wed Jun 12th, 2019 at 05:51:18 PM EST
[ Parent ]
1922 Committee announces results of first Tory leadership ballot - video
constitutional monarchy "instrument of" parliamentary government

Savage!
"'Doesn't the House of Commons realise that they can't stop a No Deal?' a Commission official asked this reporter following a debate last week."


Diversity is the key to economic and political evolution.

by Cat on Mon Jun 17th, 2019 at 02:39:22 PM EST
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"'Doesn't the House of Commons realise that they can't stop a No Deal?'

No.

Next question.


She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre

by ATinNM on Thu Jun 20th, 2019 at 04:52:48 PM EST
[ Parent ]

Brexit MEPs turn their backs (Image: PA)



Diversity is the key to economic and political evolution.
by Cat on Wed Jul 3rd, 2019 at 09:15:13 PM EST
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Today's 75-year-olds didn't fight the war - so why do we think they did?
But I think there's another, less comprehensible reason, which is that so many of the older generation actually are going around talking as if they fought the war themselves. The red-faced old men, who show up on Question Time to opine that if Britain survived the Blitz, it can survive a little no-deal Brexit, seem genuinely to think that surviving the Blitz was their own, personal achievement.
by generic on Tue Jun 11th, 2019 at 06:13:43 PM EST
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I think a lot of it has to do with the extensive color photographs and movie clips of WW2 that have been assembled into "history" TV shows. Not to mention thousands of films showing how heroic and handsome everybody was back then. Watch enough of them and maybe it starts to turn into a "memory."
by asdf on Thu Jun 13th, 2019 at 03:22:37 AM EST
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As I pointed out to a number of people last week, the absolute youngest people involved in the Normandy landings are 92 now.  If you're 80, you have little memory of the war and NO memory of the Blitz.
by rifek on Sun Jun 16th, 2019 at 02:03:33 PM EST
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by generic on Thu Jun 13th, 2019 at 02:00:24 PM EST
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I first read that as "cements his head".  The fact that it didn't even make me bat an eye rather says something about Boor-Ass de Piffle.
by rifek on Tue Jul 2nd, 2019 at 04:31:05 AM EST
[ Parent ]
by generic on Tue Jun 18th, 2019 at 12:05:18 PM EST
[ Parent ]
Sir Mark Ivan Rogers, the former Permanent Representative of the United Kingdom to the European Union has given another of his detailed analyses of the diametrically opposed opinions of Tory Leadership Candidates and the rest of the 27 and concludes that no-deal, (the consequences of which he describes) is no more / most likely.

The Spectator has an edited transcript (paywall with a limit on the number of articles you can view for free).

You can download the 15 page text of his speech as a pdf here (which seems to be a safe link).

by oldremainmer48 on Thu Jun 20th, 2019 at 03:33:05 PM EST
[ Parent ]
Oops:

no more likely == NOW more likely!!

by oldremainmer48 on Thu Jun 20th, 2019 at 03:35:44 PM EST
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Tusk & Co. are making a lot of noise about not giving the UK another extension, and not renegotiating the separation, and how the British are wasting time, but that the EU is solidly all-for-on-and-one-for-all, etc. Do they believe it themselves?

Has there been a clear statement made to European commercial interests to use the next few months to set themselves up for a no-deal Brexit? Or is Europe, like the UK, waffling on this and just procrastinating in the hopes that BoJo will pull out some kind of a miracle?

by asdf on Sat Jun 22nd, 2019 at 03:02:06 PM EST
[ Parent ]


Diversity is the key to economic and political evolution.
by Cat on Sat Jun 22nd, 2019 at 03:43:15 PM EST
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I'd assume it's part genuine and part negotiating position - the aim being to force the UK moderates towards forcing an election and/or ref to avoid No Deal.
by ThatBritGuy (thatbritguy (at) googlemail.com) on Sat Jun 22nd, 2019 at 03:50:49 PM EST
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Has there been a clear statement made to European commercial interests to use the next few months to set themselves up for a no-deal Brexit?

There has been some preparations back in February - March, when the first March 29 was approaching and the WA still stuck in the HoC. Since then, the things have been put mostly on hold. Contingencies are one thing, but no point on planning now when we cannot tell what the new PM will be up to. Folks in Brussels affect not to take BoJo's bluster at face value and they have more urgent things on their plate right now, with the increasingly ugly fight for the EU's top posts.

Once PM, BoJo could go any direction and has already flip-flopped more than once in the past; actually, since we're talking about Brussels, the term "waffling" is definitely appropriate.

by Bernard (bernard) on Sat Jun 22nd, 2019 at 06:52:38 PM EST
[ Parent ]
Big companies have plans, small ones can't afford them, given the uncertainty of them being applied. If it all goes bad they'll go out of business or be bailed out. Creative destruction I guess.
by Colman (colman at eurotrib.com) on Sun Jun 23rd, 2019 at 06:15:39 PM EST
[ Parent ]
Are they quite sure about this? | Richard Seymour on Patreon
Johnson's acolytes can only deflect their despair and panic for so long. To be sure, Johnson will probably rebound at some point with an entertaining speech. But it has to hit them, at some point. Even if they fundamentally believe that he did nothing wrong, or could do nothing wrong. Or even if they're cynical to the point of ethically desiccated and simply don't care what he did. They have to realise. They've been warned by friend and enemy alike that Boris Johnson is only good at self-promotion, but is otherwise lazy, undisciplined and incompetent. Now it's one thing for them to realise that he's undisciplined enough to risk a 'domestic incident' loud enough for the police to be called in the middle of a crucial leadership election. But the response to that story, to which they've willingly been conscripted, is to vilify the neighbours who called the cops, spark a culture war conflagration, and drag this out for days and possibly weeks. That's their man? That's their future Prime Minister? Are they quite sure about this?
by generic on Mon Jun 24th, 2019 at 12:54:57 PM EST
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All of this is similar, in a way, to Brett Kavanaugh's battle plan in the US: don't neutralise the anger, redirect it.

Seymour spelled either Donald Trump or US Congress rong

Diversity is the key to economic and political evolution.

by Cat on Mon Jun 24th, 2019 at 01:59:08 PM EST
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The Tories would be willing to burn down the UK for Brexit.  They think Boris will give them Brexit. Anything else doesn't matter.

She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre
by ATinNM on Tue Jun 25th, 2019 at 12:37:45 AM EST
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Hasn't hit the Trumptards yet, and Donny Drumpfenfuehrer has been busily making their lives worse (except for the entertainment value of being able to harass women and minorities again) for over two years now.
by rifek on Tue Jul 2nd, 2019 at 04:37:12 AM EST
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