Brexit

  • TRADE IN ACTION October 13, 2017

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    THIS WEEK IN TRADE
    In the context of the annual meetings of the World Bank and the IMF, the latter has released the full 2017 World Economic Outlook . 

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  • TRADE IN ACTION October 6, 2017

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    THIS WEEK IN TRADE
    South Korea indicated on Wednesday it was open to talks on revising a 2012 trade pact with the United States after initial differences that followed President Donald Trump's threat to terminate the accord unless it was renegotiated. 

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  • Brexit & the New Geopolitical Order – Moving Forward, Charting the Economic Relationship Between the UK, EU and the US

    On Thursday, October 5, 2017, the Atlantic Council co-hosted a Brexit seminar, in collaboration with the British American Business Council of Greater Philadelphia.

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  • Economic Sanctions After Brexit: What Roles Should the Public and Private Sector Play?

    On October 3, The Atlantic Council’s Economic Sanctions Initiative held a two-paneled public event entitled: Economic Sanctions After Brexit: What Roles Should the Public and Private Sector Play? 

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  • TRADE IN ACTION September 28, 2017


    THIS WEEK IN TRADE
    This week saw the reelection of Angela Merkel as German Chancellor, with the introduction of the right wing AfD (Alternative for Germany) to the Bundestag as the most radical change. 

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  • TRADE IN ACTION September 21, 2017


    THIS WEEK IN TRADE
    Today, September 21, the Comprehensive Economic and Trade Agreement (CETA) between the EU and Canada provisionally enters into force. It has been eight years since the start of negotiations and all chapters, except for the Investment Court System, are entering into force. What next? CETA needs to pass 42 national and regional parliaments in 28 EU countries. So far only six countries have finalized the ratification (read more on...

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  • Not the United States of Europe

    Britain’s conservative Daily Telegraph splashed its front page September 14 with the banner headline “A United States of Europe.” The page was embellished with a half-photo of the face of Jean-Claude Juncker, president of the European Commission, framed by the blue, gold-starred flag of the European Union.

    The eurosceptic Telegraph was not, of course, hailing the imminent birth of a United States of Europe. On the contrary, the newspaper was using the further integration proposed in Juncker’s State of the Union speech to the European Parliament the previous day to demonstrate the wisdom of Britain’s decision to leave the European Union (EU)—rejecting once and for all the closer European political union that most Britons have traditionally resisted.

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  • TRADE IN ACTION September 17, 2017

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    THIS WEEK IN TRADE
    We are back after the summer break! And so is trade: The second round of NAFTA re-negotiations took place in Mexico City earlier this month with very little new proposals introduced across the board. A major point of contention is a controversial provision for resolving investment disputes- the US is reluctant to keep the provision in, but Canada and Mexico have both signaled that any change to the dispute resolution system is off-the-table.  Maybe we will get more concrete answers during the next round which is scheduled for Sept. 23-27 in Ottawa.

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  • An EU Air Force Is Impossible; Fortunately, It’s Not Necessary.

    To rebuild robust air forces, Europeans should just get back to basics.

    Early last month, as David Cenciotti of The Aviationist reported, A-10Cs of the Maryland Air National Guard were again practicing landings and take-offs from stretches of highway in Estonia, though with occasional casualties amongst the roadsigns. About a year prior, it was A-10Cs of the Regulars, out of Whiteman Air Force Base in Missouri, doing the same thing on a different stretch of Estonian road. Notably absent from either exercise was the Luftwaffe, the Armée de l’Air, the Aeronautica Militare, and every other European air arm. Yes, they are rotating squadrons through the local air policing mission, but why are they sending no more? Again, those-in-the-know in Europe have been asserting that greater military...

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  • First Signs of Second Thoughts on Brexit

    British Prime Minister Theresa May’s government began substantive negotiations to leave the European Union (EU) in Brussels this week, although nobody in Britain is yet clear about what outcome the country is actually seeking. With May’s government in disarray, and her Cabinet wracked with infighting and confusion over Brexit, there is even a growing belief in some quarters that the country could, and perhaps should, end up staying inside the EU.

    Until very recently, even mentioning such a possibility was politically and socially taboo. Supporters of the Leave campaign, which won the June 2016 EU referendum by 52 percent to 48 percent, had intimidated most of the rest of the country into believing that the “will of the people” must be obeyed, and that no dissent or deviation would be tolerated.

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