Draghi ushers in the counter-revolution but he can’t save Italy. Those in EU circles and the bond markets celebrating this insider riconquista should be careful what they wish for — AEP telegraph.co.uk/business/2021/…
Italy has gone through the gears, from a democratic revolt against the € and the country’s pro-EU elites, all the way to the other extreme of a technocrat government under the ultimate Mr Euro, without any election along the way.
The stitch-up has been breath-taking. The appointment of Mario Draghi to navigate the dangerous waters of the next two years is astute but EU circles and bond markets celebrating this insider riconquista should be careful what they wish for.
There is such thing as a strategically important industry.
In other words, not everything can be left to the market: industrial strategy and takeover laws will need to change to make Britain more resilient. telegraph.co.uk/news/2021/01/3…
The decline of British manufacturing, we had been told for years, don't matter: we are a services economy. But our struggles with procuring protective equipment, testing and even the early obstacles to vaccine production, were all connected to this lack of capacity at home.
Our successes have occurred where the state has worked strategically, in partnership, with scientific institutions and the private sector.
1. it violated the First Amendment, which prohibits the government from abridging free speech. By impeaching Trump for free speech that was protected by the unanimous Supreme Court decision in the case of Brandenburg versus Ohio, the First Amendment was violated.
2. It violated the substantive impeachment criteria in the Constitution, which limits impeachment to “treason, bribery, or other high crimes and misdemeanors.” It cannot be a high crime or misdemeanor for a president to deliver remarks protected by the Constitution.
With vaccinations underway, the UK should be able to start dialling down restrictions from mid-February and will break free from economic Covid long before the EU
Once British care home residents and the over-80s are vaccinated, 2/3 of potential Covid deaths will be covered. That will come into view within ten days. It validates the Govt strategy: break-neck speed vaccination rather than the EU precautionary policy of dotting every 'i'.
Some 88% of avoidable deaths will be covered by the time we reach the mid-February target of 13m vaccinations, in principle saving 55,600 lives. These include all the over-70s and the clinically extremely vulnerable, as well as frontline health and social care workers.
If the chances of a deal now stand at 20%, why not walk away and help businesses fully prepare for an exit on WTO terms? According to one well-placed source, the current stalemate is not just about the negotiation itself but also “blame allocation.” telegraph.co.uk/politics/2020/…
“This is going to go on until New Year’s Eve because the side that says: ‘Right, that’s it, no more negotiations’ is going to be blamed for no deal. No one wants to be that person.”
Another reason for both sides going the distance is to prove they have negotiated in “good faith”. Some Brexiteers believe the Govt will have stronger grounds to repudiate the WA (beyond the parts singled out by the Internal Market Bill) if no deal is struck.