Fears grow across the Atlantic over Brexit fallout
Nearly all the possible trading relationships between Britain and the European Union following Brexit would be less favourable than staying in the European Union, according to an influential US think tank.
The Rand Corporation study said the worst option would be a "no deal".
That would leave the UK economy 4.9% poorer by 2029.
"No deal" would also have a negative effect on the EU economy, but it would be "relatively minor".
The report said that even a "soft Brexit" involving staying in the free market would not be as positive economically as staying in the EU.
Rand plays a significant role in America, with half of its funding coming from the US government.
I'm laughing, Artemis, but it's not happy laughter: self-harm is disturbing.
However, many still refuse to give up. Remainers ignore the freezing London temperatures, the wind and the rain in order to make their views known. I admire them.
This morning, I visited a friend for a pre-Christmas coffee and mince pies. She also had there some other friends and neighbours. One of them had her 3 year old son with her, who was a little shy. He declined all mince pies but said that he liked biscuits very much; so, my friend brought out her long and narrow tin of biscuits, lifted the lid and invited him to take one.
The boy stared at the tin for a while and then looked as if he was about to cry. His mother asked him what the matter was. Rubbing his eyes, he replied, "That biscuit is broken, I want a mended one!"
Unfortunately, my friend hadn't noticed that the top biscuit was cracked, seriously offending the 3 year old!
Posts
It would seem, the dangers of Brexit are of concern to every thinking person who understands the problems we've created for ourselves.
12 December 2017
News
BBC News Home UK World Business
Business selected
Fears grow across the Atlantic over Brexit fallout
Nearly all the possible trading relationships between Britain and the European Union following Brexit would be less favourable than staying in the European Union, according to an influential US think tank.
The Rand Corporation study said the worst option would be a "no deal".
That would leave the UK economy 4.9% poorer by 2029.
"No deal" would also have a negative effect on the EU economy, but it would be "relatively minor".
The report said that even a "soft Brexit" involving staying in the free market would not be as positive economically as staying in the EU.
Rand plays a significant role in America, with half of its funding coming from the US government.
It seems, we Brits are the turkeys voting for Christmas still!
I'm laughing, Artemis, but it's not happy laughter: self-harm is disturbing.
However, many still refuse to give up. Remainers ignore the freezing London temperatures, the wind and the rain in order to make their views known. I admire them.
This morning, I visited a friend for a pre-Christmas coffee and mince pies. She also had there some other friends and neighbours. One of them had her 3 year old son with her, who was a little shy. He declined all mince pies but said that he liked biscuits very much; so, my friend brought out her long and narrow tin of biscuits, lifted the lid and invited him to take one.
The boy stared at the tin for a while and then looked as if he was about to cry. His mother asked him what the matter was. Rubbing his eyes, he replied, "That biscuit is broken, I want a mended one!"
Unfortunately, my friend hadn't noticed that the top biscuit was cracked, seriously offending the 3 year old!
Two things that have made me smile today: the Alabama election result
and your story of the "mended" biscuit!
I know it wasn't pleasant for the child but I did find it funny!
Well, here's another reason for smiling:
<img src="data:image/png;base64,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
<img src="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAOEAAADZCAIAAABZ+MDtAAAgAElEQVR4nOxdd1hU17Yf6b0PDKhYEBTFhqhBjdgAFWNB7HSxxWhEDXYFAYMVUem9inSk994EAanSFUE6M+dMr/v9seO5k9Hk3vuSd+N94ffx8Z05Z59d19ll7d9aG4dOYQpfN3B/dQamMIV/gikZncLXjj9HRslk8p8SzxSm8Dn+tH4UQZA/K6opTIEf/1xGET78i8H+aeApTOFfx2/KKJlM5h/BKRQKjUb7rTGdSqXCR5RfY2oOMIU/jl/JKBQpBEHIZDKVSoV3EAThcDhUKnV0dJTFYvGLHewvaTQahUJBEIREIpHJZAExnepQp/AH8Q8ZJZFIFAqFRCLR6XQAgL+/f3JyMofDYbPZr169On369NGjR588eUKhUFAUpdPpKIpSKBQAwMjIiIuLy4cPH7hcbmhoqJWV1enTp8+ePWtraxsbG8vlcqd60yn8EfxDRmGXyWQyGxsbnZycVqxYERcXBwAYHh4+ePBgXFxcR0fHyZMno6KiOBzO+Pj45OQkjUZLSEg4ePDg1q1bYS/b1NRUUFBQXl5eWFhobm6en58v0PVOYQr/Ln4loyiK0mi0t2/fJiUl2dravnjxAgBQUVFhb2/PZrMBAGlpaWfPngUAPHjwIDQ0lMvllpaW+vr6WlpaDg0NUalUBoPB5XIBAH5+fj4+PjweD4r+X1fAKfzX4x8yCqeh2Fh/48aNqKgoAEBHR8e+fftev35NIpGuXr1qb2/PZDJbW1s7OjrgWD80NGRrazswMMBgMBAEYbPZb968sbKyGhoaYjKZJBLpLyzeFP4f4AvrejKZzOFwrly5EhkZCQDgcDgZGRn29vYXLlw4c+bMpUuXGAwGi8ViMBgkEonNZnd0dNjY2AwODkIZ5fF4rq6uwcHBAAD007rqP16uKfz/wT+X0eHh4fr6+qGhIRKJFBIS8uDBAwAAi8ViMpkIgjAYjI6ODmtrayijDAajt7f38OHDvb29MMCUgE7hD+I3ZdTR0TEkJAQAMDAwsGfPnqSkpMrKSmtr64aGBgBAZGRkeno6m81msVhtbW27d+/u7++Hk4To6Gh7e3u4VIICOrVmmsIfwZdllE6np6en19TUMJlMBoNRV1d39erVCxcuFBUVsdlsGo324sWL7OxsFotFp9MHBwfDw8NHR0epVCqdTs/Nzc3OzmYymf/5wkzh/yV+c5+Jw+HAwRpFURaLBQd3DodDJpMnJye5XC62HiKTyfxKUDabzeVy4QrsP1OGKfz/xm/KKLZFBIdsuGmE8u1FwWt4EwLexDac/q+zPoW/CX6PUwL7Qih5WJfJTxnBBBHrNbGnU2rRKfxZ+E0Z/SJ96XNykwDR6fcD/C/wf14BU/jqMcXDn8LXjl9kFOuvyGQymUIhUyhkKvWXP/iTQkHhTQp2n+9a4I9CJVOplN+4/0ucVL4kfnX9jz/Kp9RRFJ2a3v5tgUNRCgVB6SSEjJLHqCiFjAAEAWSER6PxaFQuncKlkXkUModOZjPJHBrKYpPZTDKPTGaxKSw2mUcj82goj4rwqCiHTubSyRwGhc4l86gUgNLZDBqHTuHQKVw6hcOgsFlUQKZyaHQmm8mmM7k0OqBQAYXGoTO5VDqHTmUzUC4d4dIRDp3MZVABhQxICEBRhIqOowgFgYKKQA0uj8eDpEFsBixQts8nKgLX8BX+VeDnMWA8WiwA/wWW7heDIXzz8s+zh93hn7szGAwajfZ5TmD8NBoNFhne5Kc+8k+NsGz/1soVQRD+xe7vV8JfDhyRTKUiKGeCREXICI/TXJATv8ci+4hVttWxLKuj6bZ2GTY2uZbWaXbWqfY2pfutsmxscqxs6nbbZFnbZtrYVBywybW0yj1ypOCQZZaVdZq1zUsbm5SjtoVH7AsPHk+1PZZhfTTLyj73iG3OEduUo0er91vnWFvGnbAvPGJffNgy1+pgwZEjWdb2mZbH8w87ZFvZptta51lZlR62zbU6+tLWNnnvwewrN1HyxASDRiNSERRhseksFqujo6OoqKipqYlKpfJ4PJRvVQcLxi9eAq3FL0/802iBp/zxYNcCSfC/IiAl8AKjK8C34DYHZDZCUYM6ECyVoaGhjx8/wmtMFhEEIZFIUOXc1dU1NjYmoGP5/GtEEITJZAIA4Ja1QKtjucWknEgk8ufzqwJukkxFUZQ5SaKSEAB4zaGhnsIyydLK2eLK8bJK0YqKz+UVE2XkU2TkMiTlS4WVUmSUkuSUSoUVX0opJEkrpkkqRikqJsgpZEgqZEsoJMnIp0or1OAU8ySVEmQVn8srJEsrpkkpZosr5ogpvJBTLBKVTpOWiJWXLxWSzxeXjMCLPleUzJCUT5dUyJRQSpdQTpZWeSmlkiMunyYpE6uoHCCmHLLOhE0aR2hkCpHC5XH73vfa29vj8XgpKSkZGRkTE5PKykoOh4NVN+Rc8xeSRCJ93uEJKCLgNWZQAO/AOKGKDbuD2RdgqjcoQ/CpQP3CMFDa6HR6V1eXp6fnq1evGAwG+ut+i06nIwhiZma2efPm8fFxjKELk2MymfX19Rs3bpSSkoqJiYFcCEyIMcGiUqkwq0wms66uztPTs62tDaYFAVPEgqG//vCwCL8q4BCUiiIonUQiI0QA2O9DQpLFFCuV8BUq+Ew15Rxl5VJ55WIVfBlepQSvnKWGf6mmkquiXI7Hp89UTZ6pmolXSVFTSVdRyldUqFZQLFZXyZ6uXC0rn6OmmDtDLk1TLlNd8ZWyarWKWh5eOUVDsURFOU9FNVdVs0JmeomKeoqmavp09SIljSKCYoamSq6qeqUEoUBW9aUmPneWXKWqUpGEWtZGM+74EIVBYdCY4+PjW01NcDjcvn37/P39L1++LCUlpa6uXldXx2KxOBwOAIBKpUJ+IIIg8AITEdivwAsWiwUAgNsNMBiHw+FyufA+j8fj8XiQkUgmkxkMBgCA/z5MC843EASBcTKZTC6Xy+PxINsGe4XFYvF4PABAYWEhDod7/PgxAIBEIsGPB0YFM6Cvrz9//vzR0VF4B6YLo7p79y4Oh7t06dKHDx/gU6ynRFEUZpvJZMKEAADe3t44HC4zMxNWBWxvmBaNRoNFRlEUJgHfghHSaLSvatDH0UgUCoJSEdIkBWEBRk9YQKqkbJGqWtoMzdBF8xINlmcvXBqoOf2Fhkaa5qznenovl6/IXbQkFk9IUJ/5crZO7rzFWUsNnq/WTzTQy5w9O1NdPWru9ABdzYQZMyqUlZPmqcfNm/VKeV668syQuTPSl8xPman2cq5m2sy5sfO0YmaqFauqlarNTJs9N3umeqwaPmHugkqj7SkrVgdMx+fMwFcrKxRJyWVu2sIhfSQxyAAAPx9fHA5nbWkFmwQAEBgYqKWl5ePjAwBobW09derUhg0bzM3NMzMzmUzm9evXf/rppw8fPnA4nMbGRgcHh8TExMnJyRs3bhgbGx85cqSkpAQA8OTJk+vXr+fm5p44ccLLy+vSpUuZmZknT57cvn3706dP2Wx2Tk7O6dOnU1NTHRwcLCwsCgsLX716deTIEWtr68rKSgDA5OTkvXv3TE1NLSwskpOTeTxeQkLC+fPnMzMzraysdu7c+fz5866urv379ysoKGzYsCEhIQFSGjgcTmtr65kzZ/bs2RMREWFkZLR06VIKhdLT03PmzJmNGzceP368o6MjJydnxYoVampq9vb2LS0tTU1NR48e3bhxo6Oj47t37yCF0tHR0dTU9ODBg/n5+a9fvzYxMZGTk9u1a1dpaSmLxYIfw9u3b0+fPr1p0yYLC4ukpCQej1db
I'm trying again!
19.17
BREAKING Government defeat on
Amendment over meaningful vote on
Brexit deal
House of Commons
Parliament
MPs vote 309 to 305 to defeat the
Government and pass the amendment in
The name of Dominic Grieve, which would
Require the final deal with the EU to be
Approved by statue passed by Parliament.
Yes. It's been a bit of a good news day for a change.
Yes, just heard it on the news!
Brexit is in the hands of our Parliament, not Executive whim.