Two weeks ago I wrote an article about the show trial of Boris Johnson. It attracted attention and comment on twitter. I have never looked at comments on the Bruges Twitter feed and it was a revelation. The level of spite and childish name calling was staggering. Since the removal of Boris the antics of EU acolytes and their rejoiner friends has be...
EU authorities have permitted commercial banks to implement a particularly aggressive form of risk-evaluation methodology, the result of which is the ability to claim a thick loss-absorption cushion and to attest that the EU banking system is stable and resilient. It isn't: cushions are as thin as before the Eurozone financial crisis. This is laid ...
The Eurosystem has expanded its operations well beyond what a central bank would have traditionally undertaken. It now owns assets that are not 'central bank money' definitionally. Assets have credit ratings as low as BB in the Standard and Poor's system, which means they are 'Speculative Grade' and involve 'Substantial credit risk'. It does not ev...
The European Stability Mechanism is the main bailout mechanism behind the Euro. Croatia recently joined it upon adopting the Euro. The ESM uses two accounting tricks to make it appear larger and more robust than it actually is, disguising that it lacks the firepower to deal with a major incident. This is laid out in the newly-released book 'The sha...
Public credit rating agencies have not been even-handed in their treatment of the UK compared to EU member states, given the large shadow debts and contingent liabilities that weigh on the latter. This is explained in the newly-released book 'The shadow liabilities of EU Member States, and the threat they pose to global financial stability', writte...
Since the referendum governments have squandered opportunity. We should be in a strong position, but a combination of Pro EU Tories, the Blob and the Civil Service has put democracy at risk. The daily attacks on Brexit citing idiotic opinion polls, demonstrate a determination by the opponents of democracy to take us back into the EU whatever the co...
The following analysis by Ben Habib is reprinted from: https://www.newsletter.co.uk/news/opinion/ben-habib-we-are-being-hoodwinked-again-by-the-northern-ireland-protocol-bill-3750685 Ben Habib is a Newspaper Columnist and former Brexit Party MEP I am having a profound sense of déjà vu. In 2019 I said the Prime Minister's oven ready deal was a...
Nicola Sturgeon, Scotlands first Minister, has been banging on, yet again, about holding another referendum on Scottish independence and is proposing to hold a plebiscite during October 2023. This is despite the fact she lost the so-called 'once in a lifetime' independence referendum in 2014. If the people of Scotland go mad and vote to break...
Anthony Coughlan is known to most of us for his heroic work for the National Platform of Ireland, which campaigns for Ireland's independence from the EU. As Michael Quinn writes, "He has tirelessly campaigned against the centralising and unaccountable EU bureaucracy; articulating instead the alternative case for a Europe of independent and co-opera...
I caught up with former Brexit Party MEP, Ben Habib who now runs the pressure group 'Unlocked', campaigning for an end to lockdown and highlighting the economic and social damage of remaining in lockdown. You can watch the full conversation on YouTube, with links to the videos throughout or digest a condensed summary on each question and debate poi...
By stating that the UK should prepare for a no-deal Brexit as both sides refused to compromise, the Rt Hon Michael Gove produced a shattering rebuke to Macron's hardliner posture over the negotiations. This change of tone from the Chancellor of the Duchy of Lancaster exhibits an overdue realisation that Britain must have a plan for all eventualitie...
The Covid-19 crisis has brought to light a fundamental flaw within the European Union – there is one rule for Germany's state aid regime and another for the UK's. As such there is a fundamental need in negotiations this week to redress this flaw. Data shows that Germany made up for nearly 10% of all EU-authorised State Aid requests from April ...
Samuel Johnson famously said, 'when a man is tired of London, he is tired of life'. However, unlike S.Johnson, it seems that B.Johnson has succumbed to this, in light of the lack of news surrounding the future of our greatest financial asset, the City of London. Whilst the recent focus has been perpetually on State Aid and fishing rights, the City ...
Over the past week there have been announcements from Michael Gove regarding the provisions for international lorries leaving the UK after December 31st, something which apparently Macron's government sees as abhorrent. The labelling of these announcements as 'intimidation' by Clément Beaune, Macron's Europe Minister, further shows the EU's hypocri...
Marathon talks have concluded between EU leaders as they battled over the details of its multibillion-euro pandemic recovery fund. With France and Germany head-to-head against the frugal four of Austria, Denmark, the Netherlands and Sweden over grants, veto rights and funding criteria, you could be mistaken for seeing the talks as the break-up of t...
Brexit may have gone quiet lately in the mainstream media, but between now and the end of October will be critical. Remain have been defeated in trying to keep us in the EU, their plans for a 'People's Vote' have been defeated, and their attempts to extend the transition period have been defeated. Their last hope is that between now and October our...
Every year the International Council for the for the Exploration of the Sea and the European Union's Scientific, Technical and Economic Council for Fisheries make a suggestion of what the TAC should be for each stock. A stock of fish refers to a "particular species of fish caught in a particular geographic area". The European Commission drafts a pr...
By Victor Hill, first published on Master Investor The UK-EU Trade Talks – Why the pandemic has changed everything - Master Investor By Victor Hill https://masterinvestor.co.uk/economics/the-uk-eu-trade-talks-why-the-pandemic-has-changed-everything/ The Road to No Deal While Europe and the world have been monopolised by the Covid-19 pa...
The absence of a pan-European fiscal union combined with the departure of the United Kingdom have left European finances is disarray. This has been exacerbated by a crisis that has sown divisions in a frail union with poorer states demanding that richer countries foot the bill to save the Union. When Germany's constitutional court questioned t...
Almost four years after we voted to leave the European Union (EU), Boris Johnson delivered on his promise to 'GET BREXIT DONE'. Little did we know at the time (on 31st January 2020) that the year was going to bring its own woes, which are now threatening to bring down the European dream of unity, solidarity, and borderless territory. In addition to...
Originally published in The Critic by David Scullion https://thecritic.co.uk/the-government-split-over-free-trade/ The Government is committed to signing Free Trade deals. The Conservative Party's 2019 manifesto said as much, and added: "Our trade deals will not only be free but fair". The UK has just started trade talks with the United ...
First published by Ambrose Evans-Pritchard in the Daily Telegraph https://www.telegraph.co.uk/business/2020/05/06/longer-brexit-transition-pointless-dangerous-plays-straight/ Sir Nick Clegg is right. The terms of the Brexit transition are intolerable. They were bad for one year. The arrangement becomes progressively more dangerous over time. ...
Just yesterday, the EU's President of the European Research Council, Mauro Ferrari, resigned over the EU's failure to act on his advice to set up a large scale, EU wide programme to combat COVID-19. Professor Ferrari only began the role at the turn of the year and submitted his resignation to the President of the EU Commission, Ursula von der Leyen...
