Brexit News Archive: 26 Jul 2019

Trudeau and Johnson discuss transition to trade relations after Brexit - Downing Street

Canadian Prime Minister Justin Trudeau has pledged to work with the UK to achieve a smooth transition to a UK-Canada free trade agreement as Britain prepares to leave the European Union, a Downing Street representative said on Friday.
Reuters   |   Fri, 26 Jul 2019 21:41:09

Welcome to Boris Johnson’s theatre of the absurd. But no one should laugh

Conservative Party members have duly anointed Alexander Boris de Pfeffel Johnson as their leader and thus prime minister of the United Kingdom. Johnson immediately promised an end to the Brexit circus games in which British politicians have played the clowns for three years, making the UK a laughing stock.Within minutes ...
Kevin Rafferty / South China Morning Post   |   Fri, 26 Jul 2019 21:00:06

Poll: Brits See Climate Change More Important Than Brexit

More than 70 percent of Britons care more about long-term climate change effects than the implications of how the UK will leave the European Union, and believe that addressing global warming should be a top priority for the new prime minister, a new poll showed on Friday. The poll, commissioned ...
Tsvetana Paraskova / Oil Price   |   Fri, 26 Jul 2019 21:00:00

Johnson, Trump discuss trade, Brexit and Iran - Downing Street

British Prime Minister Boris Johnson and U.S. President Donald Trump have agreed to start talks as soon as possible after the UK leaves the European Union, a Downing Street representative said on Friday.
Reuters   |   Fri, 26 Jul 2019 20:55:46

Citi's trade-financing is thriving as trade wars heat up. Here's why instability is a good thing for the business.

While many Wall Street businesses are suffering amid market turmoil, Citi's treasury and trade-services business is surging, the bank reported in its second-quarter earnings results. Amid Brexit, President Trump's trade wars, and other geopolitical flare ups, long-standing trade flows are shifting. China, once the largest importer of US soybeans, is ...
Alex Morrell / Money Game   |   Fri, 26 Jul 2019 20:32:00

No-deal Brexit an 'existential threat' to UK car industry

Carmaker body says a messy exit would lead to huge tariff costs and put production at risk
FT   |   Fri, 26 Jul 2019 18:33:21

Irish PM wants to meet UK's Johnson to understand 'real red lines'

Irish Prime Minister Leo Varadkar said on Friday he would need to meet his British counterpart Boris Johnson to understand his "real red lines" on Brexit, and that Ireland had shown in the past that it could be flexible.
Reuters   |   Fri, 26 Jul 2019 17:37:52

Boris Johnson news - live: EU reveals no Brexit talks arranged despite no-deal threat as PM 'absolutely' rules out calling election before 31 October

Follow the latest updates from Westminster
Samuel Osborne, Benjamin Kentish, Lizzy Buchan / The Independent   |   Fri, 26 Jul 2019 17:37:00

Boris Johnson, Brussels and the battle for Brexit

After a decisive first few days, the new prime minister has set up a confrontation with the EU
FT   |   Fri, 26 Jul 2019 17:34:16

OANDA Market Insights podcast (episode 75)

OANDA Senior Market Analyst Craig Erlam previews the week's business and market news with Jazz FM Business Breakfast presenter Jonny Hart. This week Jonny and Craig discuss Boris Johnson's first few days as UK Prime Minister and what we've learned three months before the Brexit deadline, next week's BoE and ...
Craig Erlam / OANDA   |   Fri, 26 Jul 2019 17:21:39

Johnson forges ahead with no-deal Brexit planning

New PM serious about 'do or die' intention to take Britain out of EU on October 31
FT   |   Fri, 26 Jul 2019 17:20:16

Johnson 'absolutely' rules out election before Brexit delivered

Boris Johnson has ruled out calling an election before Britain has left the EU, as the PM was warned he has put himself on a "collision course" with the bloc.
Sky   |   Fri, 26 Jul 2019 17:19:00

Irish PM says hard Brexit would raise issue of Irish unification

If Britain leaves the European Union without a deal on Oct. 31, the question of planning for a future unification of Ireland and British-ruled Northern Ireland will inevitably arise, Irish Prime Minister Leo Varadkar said on Friday.
Reuters   |   Fri, 26 Jul 2019 16:48:39

Showdown With Brussels: Boris Johnson Steers Into Conflict Course

Britain's new Prime Minister Boris Johnson and his cabinet of hardline Brexiteers appear to be steering toward a showdown with Brussels. By doing so, he's also increasing the chance there will be new elections in Britain this autumn.
Spiegel   |   Fri, 26 Jul 2019 16:42:18

Factbox: What is the Irish 'backstop' at the heart of Brexit impasse?

The Irish part of the Withdrawal Agreement that former Prime Minister Theresa May struck in November, is the key sticking point in efforts to agree an orderly British exit from the European Union.
Reuters   |   Fri, 26 Jul 2019 16:18:48

Boris Johnson tells Angela Merkel to scrap Brexit backstop amid warnings he is on 'collision course' with EU

But German government warns that 'provocations' will not work
Jon Stone / The Independent   |   Fri, 26 Jul 2019 16:13:00

Trump and Boris Johnson agree to start free trade deal talks immediately after Brexit, Downing Street says

'They agreed that Brexit offers an unparalleled opportunity to strengthen the economic partnership between the UK and United States'
Samuel Osborne, Clark Mindock / The Independent   |   Fri, 26 Jul 2019 16:10:00

Irish PM wants to meet Johnson to understand 'real red lines'

Irish Prime Minister Leo Varadkar on Friday said he would need to meet his British counterpart Boris Johnson to understand his "real red lines" on Brexit, and that Ireland had shown in the past that it could be flexible.
Reuters   |   Fri, 26 Jul 2019 15:57:42

Brexit: What are the next steps?

With the Conservative Party leadership contest and the process of nominating the next EU leaders over, the UK Parliament and the EU institutions are now on summer holiday. Open Europe has updated its calendar of key dates to watch out for in the next months, ahead of the Article 50 ...
Anna Nadibaidze / Open Europe   |   Fri, 26 Jul 2019 15:56:30

Britain not on collision course with Ireland over Brexit - Northern Ireland minister

Britain's new Northern Ireland minister Julian Smith said his country's government was not on a collision course with the European Union, after Ireland's foreign minister criticised Prime Minister Boris Johnson's approach to Brexit.
Reuters   |   Fri, 26 Jul 2019 15:27:28

The English Psycho and Brexit: A Psychological Profile (Extended Analysis)

These are fast and confusing times with technological, societal and economic change spinning our heads in all directions. Most of the changes are improvements, but some aren't and sheer disruption is unsettling. It is a psychological fact that in chaotic times people frequently allow narcissists and psychopaths to rise to ...
David Anderson / Moderate Voice   |   Fri, 26 Jul 2019 14:55:27

PM Johnson tells Germany's Merkel: The backstop has to go

British Prime Minister Boris Johnson told German Chancellor Angela Merkel on Friday that the only way to reach a deal on Brexit is to abolish the so-called Irish backstop, a spokesman for Johnson said in a statement.
Reuters   |   Fri, 26 Jul 2019 14:55:16

Downing street says no new Brexit talks until EU drops backstop

Ireland warns Boris Johnson's tough stance sets UK 'on collision course' over border arrangements
FT   |   Fri, 26 Jul 2019 14:41:05

Alternatives to a no-deal Brexit

Boris Johnson's election strategy would be a gamble with his premiership
FT   |   Fri, 26 Jul 2019 14:35:41

Boris Johnson and Brexit

New UK prime minister picks hardliners to deliver EU exit and promises national unity
FT   |   Fri, 26 Jul 2019 14:35:39

'Very unhelpful' - Ireland scolds PM Johnson over Brexit

Ireland said on Friday that Prime Minister Boris Johnson's approach to Brexit was "very unhelpful" and that the new British leader appeared set on a collision course with the European Union that would preclude an orderly exit with a deal.
Reuters   |   Fri, 26 Jul 2019 14:03:30

Misrule Britannia

Contrary to the assurances of Brexiteers like the United Kingdom's new prime minister, withdrawing from the European Union has turned out to be an extraordinarily complicated affair. In fact, it will probably require the UK to draft a standalone constitution for the first time in its history.
Nicholas Reed Langen / Project Syndicate   |   Fri, 26 Jul 2019 14:03:16

As the planet heats up, AC will cool you down. But the cost may be too high.

Forget Brexit -- when Queen Elizabeth was snapped in a photo op with Britain's new Prime Minister this week amid record temperatures, all anyone could talk about was her Dyson fan pictured in the background.
CNN   |   Fri, 26 Jul 2019 13:44:51

Johnson could be good for the northern economy - if a Brexit calamity is avoided | Helen Pidd

Be wary of the new prime minister's promises, but his government brings hope for reviving the northern powerhouse Giving a former mayor of London the keys to the country does not bode well for those wishing to see an end to decision-making centred on the capital, you might think. That ...
Helen Pidd / Guardian   |   Fri, 26 Jul 2019 13:43:00

Citi's crown jewel trade-finance business is surging, even as Brexit and Trump's tariff wars have wreaked havoc on global trade. Here's an inside look at why.

While many Wall Street businesses are suffering amid market turmoil, Citi's treasury and trade-services business is surging, the bank reported in its second-quarter earnings results. Amid Brexit, President Trump's trade wars, and other geopolitical flare ups, long-standing trade flows are shifting. China, once the largest importer of US soybeans, is ...
Alex Morrell / Business Insider   |   Fri, 26 Jul 2019 13:17:28

UK financial services minister keeps job after Johnson reshuffle

The British government minister in charge of the country's large financial services industry ahead of Brexit, John Glen, has retained his job after Prime Minister Boris Johnson undertook a major reshuffle of other ministerial roles.
Reuters   |   Fri, 26 Jul 2019 12:59:55

Germany's Europe minister tells Johnson - Calm down, let's talk

Germany's Europe Minister, Michael Roth, urged British Prime Minister Boris Johnson to "calm down" on Friday and said dialogue rather than provocation should be the way forward on Brexit.
Reuters   |   Fri, 26 Jul 2019 12:58:51

Boris Johnson on 'collision course' with EU, says Ireland's Coveney

'From a Brexit negotiating perspective it was a very bad day yesterday.'
Charlie Cooper, Maïa de La Baume / Politico   |   Fri, 26 Jul 2019 12:57:55

No-deal Brexit threatens UK car production, industry warns PM Johnson

A no-deal Brexit is an existential threat to the British car industry and would risk output, a British car industry body warned new Prime Minister Boris Johnson on Friday.
Reuters   |   Fri, 26 Jul 2019 11:28:17

UK PM Boris Johnson set out Brexit position to France's Emmanuel Macron

Times of India   |   Fri, 26 Jul 2019 11:27:28