WTO News

Stories of the week 24 February

Politics

Brexit pressure blew Westminster wide open this week with both parties suffering major splits and defections.  The new Independent Group formed this week as the clock counts down to leaving. A group of Labour MPs left to seek a new referendum and a group of Conservative MPs left because of the ‘Ukipisation’ of the Party and the continuing Tory threat of No Deal. The Press, unlike the MPs, didn’t know which way to turn. Brexiter Press were running scared of the new group whilst more liberal, remain Press hoped for some kind of breakthrough.  There were recriminations, denials and accusations flying around as the various newspapers tried to come to terms with the fast-forming new political landscape. You can see how all sides of the Press lined up on the issue right here.

Brexit

In other news, it was still a pretty bad week for Brexit. Aviva moved assets worth £9bn out of the UK to Ireland. The US will support Ireland and not the UK over the issue of a hard border.  Tariffs on food will send prices soaring in the event of No Deal and the former World Trade Organisation boss warned that Brexiter No Deal trade plans are nonsense.

In more devastating news, Honda announced it was closing its Swindon plant. Brexiters immediately took their usual position of denial and denied it had got anything to do with Brexit. Remainers pointed to the recently signed free trade agreement, the largest ever made, between Japan and the EU as the final nail in the coffin for the UK car industry. Within seven years Japan will be able to import cars directly into the EU with zero tariffs making their investment in Brexit Britain redundant.

Middle East

The troubling case of Shamima Begum, the UK ISIS bride now with child, hit the headlines this week.  The Press, as you would expect, tried to ramp up the anti-Islam sentiments. The Government was accused of running away from the issue by removing Shamima’s UK citizenship. A move that was seen as dangerous, racist and illegal.

World

In moves harking back to the Cold War, Putin has threatened to target both the US and Europe with nuclear missiles if Trump deploys intermediate range missiles to the EU.

Environment

In continuing harrowing environmental news this week, Australia will let toxic sludge be dumped near the Great Barrier Reef, the biggest threat to health in the UK is air pollution and plummeting biodiversity will severely damage food production.

Science

And in our favourite headline of the week, a 12 year old created a nuclear reaction in his playroom lab.

UK cannot simply trade on WTO terms after no-deal Brexit, say experts

Trump sees himself as a tough negotiator, so don’t expect any favours negotiating a trade deal

Trading on WTO terms after Brexit won’t be good for the economy

Advice to Americans: if you’re going to insult somewhere in Britain, at least get the name right 

Liam Fox urged to boycott Saudi trip over Khashoggi ‘murder’ in The Times – Go To Article

We’ll need longer Brexit transition to make free-trade deal, says Liam Fox in The Times – Go To Article

US ‘READY’ for post-Brexit UK trade deal – Congress to prepare for ‘CUTTING EDGE’ pact in the Daily Express – Go To Article

There are some simple reasons why a Canada-style Brexit deal can’t work for Britain, whatever Japan says in The Independent – Go to Article

It’s time to destroy the myth that we can’t have a free trade Brexit because of the Irish border in The Telegraph – Go to Article

Brexit news: Trade deal with Japan ‘would cost UK billions through lost business with EU’ in the Daily Mirror – Go To Article

May ALREADY lining up trade deals – two SURPRISE countries first up in the Daily Express – Go To Article

EU to offer UK a ‘supercharged’ free trade deal next week in The Telegraph – Go to Article

Britain faces more than a decade in EU trade limbo once Brexit deal signed in The Telegraph – Go to Article

Theresa May to DELAY Brexit with major EU concession that BLOCKS trade deals in the Daily Express – Go To Article

May agrees curbs on trade to break Brexit deadlock in The Times – Go To Article

Brexiteers want a food fight – but they need to face an unpalatable truth about modern trade in The Independent – Go To Article

Theresa May and Donald Trump talk ‘big, ambitious’ post-Brexit trade deal as PM attacks Russia at UN in The Independent – Go To Article

Donald Trump and ‘friend’ Theresa May plot ‘big and ambitious’ post-Brexit free trade deal as they hold crunch UN talks in The Sun -Go To Article

‘It’s in both our interests to do a deal’: Theresa May hails the prospect of a major Brexit trade agreement with the US as she meets President Trump at the UN in the Daily Mail – Go To Article

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