Hammond’s threat to Europe: We’ll turn Britain into a TAX HAVEN if you try to ‘wound’ us in Brexit talks as he warns UK will do whatever it takes to ‘regain competitiveness’

Chancellor Philip Hammond said the UK would do whatever it takes to ‘regain competitiveness’ if it is denied a good trade deal

 

  • Chancellor says UK will do anything needed to stay competitive post-Brexit
  • Suggests corporation tax and red tape could be slashed to lure in business
  • Comes as Theresa May prepares to deliver speech setting out Brexit approach
  • Jeremy Corbyn accuses government of risking a ‘trade war’ with Europe

Philip Hammond has delivered a stark warning to the EU that Britain will slash taxes and battle for business if the bloc tries to ‘wound’ us in the looming Brexit talks.

The Chancellor said the UK would do whatever it takes to ‘regain competitiveness’ if it is denied a good trade deal.

The threat comes as Theresa May prepares to flesh out her plans for cutting ties with Brussels – making clear that she is ready to leave the European single market and customs union in order to regain control of immigration. Continue reading

Canada and EU break through globalisation gloom to sign trade deal

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Canadian Prime Minister Justin Trudeau, centre, signs the trade deal with European Commission president Jean-Claude Juncker, left, and European Council president Donald Tusk, right. Photo: AP

 

Brussels: The European Union and Canada signed a far-reaching trade agreement on Sunday that commits them to opening their markets to greater competition, after overcoming a last-minute political obstacle that reflected the growing scepticism toward globalisation in much of the developed world.

Canadian Prime Minister Justin Trudeau had been forced to call off an earlier trip to sign the deal after Wallonia, the French-speaking region of Belgium, used its veto to withhold Belgian approval of the deal. The pact required the support of all 28 signatory countries.

Mr Trudeau signed the pact on Sunday, joined by Donald Tusk, the president of the European Council, which represents the leaders of the member states; Prime Minister Robert Fico of Slovakia, which holds the rotating presidency of the body that runs the bloc’s ministerial meetings; and Jean-Claude Juncker, the president of the European Commission, the bloc’s executive arm. Continue reading

TTIP and CETA Would ‘Remove People’s Rights From Basic Human Needs’

The controversial TTIP and CETA trade deals could leave people’s access to basic rights such as water and energy at the mercy of large multinational corporations as part of a wholesale takeover of public services, a new report has warned.

The ‘Public Services Under Attack’ report, released by a group of international NGOs and trade unions, claims that the CETA and TTIP trade deals, being negotiated between the EU, and Canada and the US respectively, would expose public services to highly damaging “commercialization” from multinational corporations.

While the UK government has previously stated that “TTIP will not change the way that the NHS, or other public services, is run,” the report has raised questions over the legitimacy of such claims, pointing out the ‘negative list’ approach to public services in the CETA deal. Continue reading

The Changing Face of European Politics?

Twenty-eight ‘member nations’ of the European Union will vote for European Parliament representatives that hold no real power. Essentially, as in Russia and today’s America, people go to the poll centers because they’re purposely mislead to believe into thinking that they are part of some sort of democratic process. If they’re physically there, it sinks into their minds as such, which fulfills the aim. As with America, it’s another story. It’s yet to fully evolve into what Russia has become, which is to say all candidates from all parties are in the same party, but it’s roughly 85% there.

You say to yourself: “What can I do?” Nothing, because you don’t live in a participatory Democracy. That’s the absolute truth. You’ve had your fun. You went to the polls in November — and that was your fun. That was what you’re allowed. Every two years you’re allowed to have your fun and think that you have some impact among politicians who will still never listen to you nor represent your interests, but you don’t. You change the window dressing.

Does it sound skeptical or cynical? Only for those who aren’t paying attention, just like we’re seeing in Europe now. They’re blind to see all roads leading to Berlin — the center of rising The Fourth Reich — attempting to ‘mix iron with clay’ as the United States of Europe is the end goal.

 

Imagine if you will, that the U.S., Canada and Mexico signed up to what citizens believed was simply a new trade deal.

A few decades later, you are shocked to discover that a vast amount of laws affecting your life aren’t made by your elected officials in Washington, but in a new multi-million dollar Parliament Building in Ottawa, Canada.

When you ask the officials there what precisely is going on, they answer that the plan all along was to merge the U.S., Canada and Mexico into a single nation, with a single flag, anthem and currency.

If this scenario sounds bizarre, in Europe that is precisely what has taken place. Continue reading

Historic trade deal with Europe moves forward, despite US snooping

The US –EU transatlantic trade deal, will go to a second round of talks in mid- November, but could hit a stumbling block over Germany’s demand for data protection as a condition to signing the treaty.

The EU and US policymakers agreed to hold two more rounds of trade negotiations over the next two months, The Wall Street Journal reports. The first round will take place in Brussels on November 11-15 and cover investment and energy sector trade, as well as address regulatory issues. In December officials will congregate in Washington DC for another round of talks. Continue reading

PRISM makes trade deal a mission impossible

“Data spying scandal threatens EU-US trade talks, headlines the Financial Times, reporting on the latest twist in the story about allegations the US intelligence service, the National Security Agency, routinely gathered phone records and tracked internet use of citizens in a surveillance programme called PRISM. The news emerged following a leak by a former Central Intelligence Agency employee who was named by The Guardian as Edward Snowden, 29. Continue reading

Rising Red tide: China encircles U.S. by sailing warships in American waters, arming neighbors

This is far from a reaction to Washington’s “pivot” as the CCP running China would say. Fact of the matter is, China’s threatening rise is what lead to the pivot in the first place. This is something that they would’ve done, regardless of the situation, yet more of now since they have a weak administration in the White House that doesn’t want its credit card cut off from Beijing.

China has been quietly taking steps to encircle the United States by arming western hemisphere states, seeking closer military, economic, and diplomatic ties to U.S. neighbors, and sailing warships into U.S. maritime zones.

The strategy is a Chinese version of what Beijing has charged is a U.S. strategy designed to encircle and “contain” China. It is also directed at countering the Obama administration’s new strategy called the pivot to Asia. The pivot calls for closer economic, diplomatic, and military ties to Asian states that are increasingly concerned about Chinese encroachment throughout that region.

“The Chinese are deftly parrying our ‘Pivot to the Pacific’ with their own elegant countermoves,” said John Tkacik, a former State Department Asia hand. Continue reading