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Holger Hestermeyer
@hhesterm
, 5 tweets, 1 min read Read on Twitter
Concerns about the MFF are an underdiscussed issue in any Brexit extension. What is that about? (Thread)
The MFF is the EU‘s long-term budget. Usually for 7 years. consilium.europa.eu/en/policies/eu…
If the UK is at the table, it has a voice in establishing the budget. It can vote on how money is spent. The big question then - will it also pay?
Look at the debate concerning the settlement of financial obligations - how often were payments presented as payments for a future deal or as non mandatory?
Would you want that debate again - for more money, for a new financial framework?
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Holger Hestermeyer
@hhesterm
As Alan rightly points out: this is a standard US ask. It’s not Trumpism.
Here’s part of what I wrote with regard to TTIP - still true today
The whole article is here archivos.juridicas.unam.mx/www/bjv/libros…
Read 3 tweets
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Holger Hestermeyer
@hhesterm
Let me try to summarise the problem in five tweets or less: 1) legally the ref was advisory only but 2) that’s not true de facto (thread)
De facto public sentiment has shifted from representative and direct democracy. Expressions by the demos are seen as more legitimate and important than expressions by its representatives.
This creates a problem for the British constitution. Parliament is sovereign, but defers to the referendum. So what did the ref say and how long is it valid?
Read 4 tweets
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Holger Hestermeyer
@hhesterm
The next steps? It raises two interesting points concerning Bercow’s ruling 1) why it is important and 2) its relation to the Art. 50 extenstion (thread)
1) why is it important? It’s reported as a game changer everywhere, yet it’s also reported it can be voted down by a majority. One would assume that if the PM now has a majority for her deal (it is not clear she does), she should also have a majority for voting on it. True?
Not really. Politicians need a cover to come around to the PM’s deal. What the ruling does is take away the cover. An MP would have to openly admit that (s)he changed his/her mind. The fact that this changes things shows that politics is a difficult business.
Read 5 tweets

Related threads

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katya adler
@BBCkatyaadler
EU countries’ position on #Brexit delay being described to me still as a “cacophony” - some for short, others for long, some for strict conditions, others more relaxed BUT /1
EU decision on extension depends a) on what PM asks for b) on EU leaders once in a room together Thurs. Fair to say: all options stil on table and EU leaders want to avoid no deal. There will be no EU “no” to an extension request /2
There are legal and political issues mixed up in EU’s extension decision: /3
Read 9 tweets
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katya adler
@BBCkatyaadler
EU has almost given up trying to understand what’s going on in UK.
Dutch PM Rutte compares Theresa May to Monty Python knight whose limbs get cut off in a duel but insists the fight was a draw. Elsewhere in EU, mood is darker esp with the prospect of a lengthy #Brexit delay 1
With UK politics mired in confusion, only thing EU can control this week is choreography at EU leaders’ summit, starting Thurs. Donald Tusk, EU Council president is visiting capitals to try to co-ordinate single EU response if/when Theresa May asks for article 50 extension 2
Today Tusk is in Berlin and Paris – the EU superpowers. But when it comes to delaying Brexit, any one of the EU’s 27 leaders has a veto. The decision must be unanimous 3
Read 16 tweets
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Antonello Guerrera
@antoguerrera
(THREAD IN ITALIAN)
Alla vigilia di una settimana decisiva, una piccola guida sulla "strana" offerta di Barnier oggi, il flop dell'appello di May, quello che sta succedendo e quello che potrebbe accadere a breve. Dedicato a tutti i fanatici e gli appassionati di #Brexit. 😊🇬🇧🇪🇺
Eccoci. Allora oggi a Grimbsy la premier britannica May ha lanciato l'ennesimo ultimatum ("o il mio piano o niente #Brexit") ma soprattutto ha chiesto all'Europa più flessibilità sul backstop, vero stallo dei negoziati tra Uk e Ue, cioè la clausola voluta dall'Europa in Irlanda
2. (Parentesi: in queste mie "istruzioni per l'uso" - che aggiornerò a breve - trovate la spiegazione di Backstop, se non la ricordate - e in questo caso, non vi preoccupate, è normalissimo 😊 - e molte altre spiegazioni su #Brexit )
lab.gedidigital.it/repubblica/201…
Read 37 tweets
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Ryan Heath
@PoliticoRyan
#Brexit #thread
1/ If you don’t follow Brexit every day, here’s some advice. Let go of any illusions that this drama is about trade protocols, residency rights or the status of the Irish border. Brexit is the story of a proud former imperial power undergoing a mid-life crisis
2/ The rest of the world is left listening to Britain’s therapy session as they drone on about their ex-spouse, unable to see, admit or address their own flaws.
3/ The promise of Brexit was that it would make Britain feel big again. “Britain is special,” the Brexiteers assured British voters, who cast their ballots accordingly. But Brexit has proven that for the first time in modern history, Britain is small.
Read 22 tweets
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European Briton #FBPE
@EuropeanBriton
Thread 1/15 So you want to cash in big on #Brexit?

Here’s how.

Disclaimer. The following thread does not constitute financial advice. Before making any investment you should consult a professional financial adviser.
Just satire.
2/15 Now let’s suppose you have a spare £100m.

The first thing you need to do is invest it in non-Sterling denominated assets.

@Jacob_Rees_Mogg ‘s firm has a few funds, all investing $8.4billion in such assets, so ask him if you’re not sure.

He knows all about this.
3/15 For the sake of illustration, let’s make up an imaginary currency called the Wonga.

And let’s suppose that you get 2 Wongas to the Pound. W2=£1. The rate doesn’t matter.

So now you’ve got W200million in stocks denominated in Wonga currency.
Read 17 tweets
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SainathKM
@sainathkm
A List of Financial Freedom steps - Learnings which worked! ✅
#Thread #FinancialFreedom 🔘
Should I be Financially Free to be Happy?
⚪ No, skip this thread
🔘 Maybe, Let me go through the thread
🔘 Yes, That's one of the ingredients for Happiness, Let me check if I missed anything.
What should be my first Goal when I start earning (or Today)?

⚪️ Nothing
⚪️ Let me spend my money
🔘 Create the list of short (1-2 year), Medium (2-5 years) and Long-term(More than 5 years) Financial needs and goals
Read 19 tweets

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