In memoriam an eternal optimist. For UK good news bulletins, follow @TerraOrBust @Jefferson_MFG @Facts4euOrg
Oct 27, 2022 • 4 tweets • 1 min read
UK Rejoiners appear to think the UK shouldn't be developing distant export markets (CPTPP accession, global FTAs, etc.), but do they realise..?
Germany's #1 goods export market is the US and #2 is China.
France's #5 goods export market is the US and #7 is China.
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UK Rejoiners appear to think the UK shouldn't be developing distant export markets (CPTPP accession, global FTAs, etc.), but do they realise..?
Italy's #3 goods export market is the US and #9 is China.
Spain's #6 goods export market is the US and #10 is China.
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Oct 26, 2022 • 5 tweets • 1 min read
Change in UK goods exports to the Top 10 non-EU economies in the 12 mths to Aug 2022 compared to the prior period
1⃣ US +8.5%
2⃣ China -4.4%
3⃣ Japan -1.8%
4⃣ India +95.6%
5⃣ Canada +6.6%
6⃣ Russia -28.0%
7⃣ Iran -13.8%
8⃣ Brazil +22.3%
9⃣ S Korea +72.8%
🔟 Australia -2.7%
ONS.
Change in UK goods exports to the second 10 non-EU economies in the 12 mths to Aug 2022 compared to the prior period
Mexico +12.9%
Indonesia +32.2%
Saudi Arabia +24.5%
Turkey +20.7%
Taiwan +7.5%
Switzerland +62.8%
Argentina +38.7%
Thailand +20.2%
Norway -9.9%
Nigeria +24.5%
ONS
Aug 8, 2021 • 4 tweets • 1 min read
Britain, or more accurately the Heath Conservatives, gave away control of Britain's fishing grounds to what we know now as the EU. However, the UK's Exclusive Economic Zone (EEZ) is the richest fishing area in the EU, and one of the most promising in the world.
What, then?
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The Johnson Conservatives, when negotiating Britain's exit from the EU, decided to effectively sacrifice Britain's control of its waters in a trade-off to secure deals for Britain's car manufacturers, most of which as you well know are foreign-owned.
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Mar 6, 2021 • 8 tweets • 2 min read
THREAD
We need to make this absolutely clear to Remoaners or Rejoiners: EU membership prevented the UK from securing comprehensive trade deals. None of the dozens we've now signed could come into effect until we left the EU Customs Union and Single Market on 31 Dec 2020.
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So, the first task was to roll over existing EU deals the UK had been party to — with countries such as South Korea, Mexico, Chile, Turkey, Ukraine & Israel and blocs such as the Andean group, C. America, Cariforum & SACU+M — tweaking to our advantage wherever possible.
[2]
Jun 5, 2020 • 9 tweets • 2 min read
The economy of the UK will change out of all recognition due to two concurrent events: Brexit and the Pandemic.
The results are likely to be long-lasting and affect every inhabitant of our wonderful country.
This thread attempts to capture just a few of these changes.
Companies will tell more employees to work from home and come into the office less. Offices will consist of hot-desks. Firms will need just one third of the space previously rented so will downsize. Freed-up commercial space will convert to residential, easing the housing crisis.
May 30, 2020 • 13 tweets • 2 min read
Almost two-thirds of all of the cork exported in the world is exported by the United Kingdpm's oldest ally, Portugal (60.8% in 2019, according to WTEx). The Portuguese exported $1.2 billion worth of cork to customers abroad in 2019.
Britain's trading relationship with Portugal was boosted by the Napoleonic Wars when Brits could no longer get hold of French wines. At that time we became a huge market for the Portuguese and also started to take a keen interest in helping them develop their port industry.
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The UK has Trade Continuity Agreements with:
Ecuador
El Salvador
Eswatini
Faroe Islands
Fiji
Georgia
Grenada
Guatemala
Guyana
Honduras
Iceland
Israel
Jamaica
Jordan
Kosovo
Lebanon
Lesotho
Liechtenstein
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Oct 12, 2019 • 9 tweets • 2 min read
Has anyone asked a Remain politician why they're so dedicated to wedding the UK to the EU when it's a bloc that forces us to pay tens of billions to be involved with it yet doesn't import enough of our goods or services to enable us to have an equitable balance of trade with it?
Almost inevitably, a Remain politician would respond by claiming that the EU is the world's largest single market.
But it isn't. The United States of America is. The US economy is more than one third larger (34.4%), according to the IMF.
Sep 18, 2019 • 10 tweets • 2 min read
Earlier today I exposed the failure of the EU single currency in a series of revealing tweets. Here they are. A thread. 👇
In 1998, the year before Portugal joined the €uro, the Portuguese economy was 5.8% larger than Thailand's.
Portugal's GDP is now fully 115.7% smaller than Thailand's.
World Bank, IMF.
Portugal's decision to drop the escudo and adopt the single currency devastated its economy.
Jul 20, 2019 • 5 tweets • 1 min read
Membership of the European Union damaged our industrial prowess, as Britain was increasingly viewed as an offshore European island delivering financial services, while France produced food and Germany industrial goods.
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Other factors, of course, played their part in the decimation of our industrial legacy. Not least of which has been the ineptness or downright collusion with global multinatinationals by both the Conservative and Labour parties.
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Mar 28, 2019 • 6 tweets • 3 min read
If you believe that the current Establishment parties — Conservatives and Labour — have let you and our country down and no longer represent your views or aspirations, don't be politically homeless! There IS a party for you. It's called TIME. Because it's now TIME for the People.
TIME was registered by the Electoral Commission and later went Live to the general public in mid 2018. This is an innovative, reformist, industrious Party that holds well developed views and has devised a new platform for the future governance of the United Kingdom.
Feb 16, 2019 • 6 tweets • 1 min read
The British Government has the power to prevent Shamima Begum from landing on UK territory.
As both of Shamima Begum's parents are Bangladeshi nationals and she is under 21 years old, she is eligible and able to apply for Bangladeshi citizenship.
Jan 20, 2019 • 32 tweets • 6 min read
Can Continuity Remainers absorb difficult facts?
◙ The UK's #1 export market is NOT the EU. It's the Rest of the World 🗺️
◙ The UK's #1 export destination is NOT the EU powerhouse economy Germany. It's the USA 🇺🇸
◙ The UK runs a £95bn annual goods trade deficit with the EU27.
Can Continuity Remainers absorb difficult facts?
◙ More than half of UK goods exports go to countries outside the EU27 despite the Rotterdam Effect that logs UK exports destined for the Rest of the World that are trans-shipped via EU entrepôts as exports to that EU member state