No Room For Traitors: Brexit please!

diamond lil · Jun 20, 2016

cerberus said: ↑

After that needlessly contentious drivel I now withdraw my compliment of 'With respect' at the beginning of my previous post. I want nothing more to do with you.
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That article was published by:

David Phinnemore is Professor of European Politics and Jean Monnet Chair in European Political Science in the School of Politics, International Studies and Philosophy at Queen's University Belfast. He is also Dean of Education for the Faculty of Arts, Humanities and Social Sciences. Professor Phinnemore's research interests cover EU treaty reform, EU enlargement, EU external relations and alternatives to EU membership, particularly association.

And you calling it drivel is your idea of reasoned debate.

Let's face it, you want nothing more to do with me because you have no real argument to put forward.

cerberus · Jun 20, 2016

diamond lil said: ↑

That article was published by:

David Phinnemore is Professor of European Politics and Jean Monnet Chair in European Political Science in the School of Politics, International Studies and Philosophy at Queen's University Belfast. He is also Dean of Education for the Faculty of Arts, Humanities and Social Sciences. Professor Phinnemore's research interests cover EU treaty reform, EU enlargement, EU external relations and alternatives to EU membership, particularly association.

And you calling it drivel is your idea of reasoned debate.

Let's face it, you want nothing more to do with me because you have no real argument to put forward.
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I'll admit that I missed the fact it was a link commentary, and presumed you were promulgating your own opinion. Either way, I have no idea who this individual is, and I obviously don't agree with his opinions, even though he is a professor! After all, who knows what his agenda is, or where his self-interests lay? But there's obviously a chasm between us so I don't think there's anything to be gained by continuing this aspect of the subject.

waltky · Jun 22, 2016

Brexit vote threatens US, NATO security interests...

US, NATO Security Interests at Stake in Brexit Vote
Jun 21, 2016 | Britain's referendum Thursday on whether to leave the European Union could potentially have damaging security implications for the United States and its allies if a majority votes to leave, analysts warn.

The departure of Britain from the EU could further fray European unity, already tested over the past few years by the debt crisis in Greece and the current influx of migrants and refugees. That could have a ripple effect on the U.S.-led NATO alliance, dealing a blow to two institutions that serve as a collective counterweight to adversary Russia, experts say. "It is significant to note that (Russian President Vladimir) Putin has made no secret of his preference for the U.K. to leave the EU -- a position unlikely to be driven by deep sympathy with British concerns about immigration," said Walter B. Slocombe in an Atlantic Council report analyzing the pending referendum in Britain. "Rather, Putin surely expects that the strains among European states and within NATO and the EU would open opportunities for Russian exploitation." From President Barack Obama to Defense Secretary Ash Carter and American military commanders in Europe, there is strong support for Britain to remain in the EU, with the underlying rationale that a British voice in the bloc ensures unity and better coordination with the U.S. and NATO.

British army Pvt. Jack Wheeler of the Parachute Regiment takes part in the Swift Response 16 training exercise at Hohenfels Training Area in Germany

For example, within the EU Britain has been a major supporter of continued sanctions against Russia in response to Moscow's intervention in Ukraine, even as some allies have at times wavered on the idea. Washington has long viewed those sanctions as economic leverage that helps curtail Russian ambitions. "Here at NATO, we know the strategic value that unity and cohesion brings to our alliance," Carter said during a news conference last week in Brussels. "It's part of what makes the whole greater than the sum of the parts. The same is true for the EU. For the greater unity and cohesion each organization has, the better they're able to work together." The referendum doesn't affect Britain's membership or role in NATO in any direct way. And even if voters opt for withdrawal from the EU, Britain could still continue to take part in EU military operations -- such as the organization's naval anti-piracy mission off the Horn of Africa -- as other non-EU member states have done in the past.

In terms of sheer military muscle, Britain -- traditionally a staunch backer of U.S. foreign policy -- also is a key contributor inside the EU, representing more than 20 percent of all defense expenditures while having only 14 percent of the bloc's gross domestic product, according to the Atlantic Council. While the referendum vote has no effect on Britain's standing in NATO, losing a British voice inside the EU could hinder collaboration between the two bureaucracies and lessen U.S. influence over the European grouping, analysts say. "An EU without the U.K. would, in all likelihood, be less inclined to make its security and diplomatic efforts line up with U.S. priorities -- and less able to mount effective operations," Slocombe wrote.

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Baff · Jun 22, 2016

Vote Trump please. NATO needs shaking out.

waltky · Jun 24, 2016

Britain's independence day...

World stocks in freefall as UK votes for EU exit
June 24, 2016 - World stocks headed for one the biggest slumps on record on Friday as a decision by Britain to leave the European Union triggered 8 percent falls for Europe's biggest bourses and a record plunge for sterling.

Such a body blow to global confidence could well prevent the Federal Reserve from raising interest rates as planned this year, and might even provoke a new round of emergency policy easing from all the major central banks. Risk assets were scorched as investors fled to the traditional safe-harbors of top-rated government debt, Japanese yen and gold. Billions were wiped from share values as Europe saw London's FTSE <.FTSE> drop 6 percent in early deals, Germany's <.DAX> and France's CAC 40 <.FCHI> slump 7.5 and 9 percent and Italian and Spanish markets plunge more than 11 percent. The rout was compounded by the fact markets had rallied on Thursday having become increasingly convinced that UK voters would opt to stay in the EU.

Britain's big banks took a $130 billion battering with Lloyds and Barclays plunging as much as 30 percent. EMINI S&P 500 futures were down 4 percent and Japan's Nikkei <.N225> ended down 7.9 percent. The British pound collapsed no less than 18 U.S. cents, easily the biggest fall in living memory, to hit its lowest since 1985. The euro in turn slid 3.2 percent to $1.1012 as investors feared for its very future. Having campaigned to keep the country in the EU, British Prime Minister David Cameron confirmed he would step down. Results showed a 51.9/48.1 percent split for leaving, setting the UK on an uncertain path and dealing the largest setback to European efforts to forge greater unity since World War Two.

Sterling sank a staggering 10 percent at one point and was last at $1.3582 , having carved out a range of $1.3228 to $1.5022. The fall was even larger than during the global financial crisis and the currency was moving two or three cents in the blink of an eye. "It's an extraordinary move for financial markets and also for democracy," said co-head of portfolio investments of London-based currency specialist Millennium Global Richard Benson. "The market is pricing interest rate cuts from the big central banks and we assume there will be a global liquidity add from them in the next few hours," he added. The shockwaves affected all asset classes and regions. The safe-haven yen sprang higher to stand at 102.15 per dollar , having been as low as 106.81 at one stage. The dollar peak decline of 4 percent was the largest since 1998.

That prompted warnings from Japanese officials that excessive forex moves were undesirable. Indeed, traders were wary in case global central banks chose to step in to calm the volatility. The Bank of England said it would take all necessary steps to shield Britain's economy. A source told Reuters it was in touch with other major central banks. The Bank of Japan Governor Haruhiko Kuroda added his bank was also ready to provide liquidity if needed to ensure market stability. Other currencies across Asia and in eastern Europe as it woke up suffered badly on worries that alarmed investors could pull funds out of emerging markets. Poland, where many of the eastern Europeans in Britain come from, saw its zloty slump 5 percent.

RECESSION FEARS
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Cameron to quit as UK votes to leave EU
Fri, 24 Jun 2016 - The UK votes to leave the European Union, prompting David Cameron to announce he is to step down as prime minister - and UKIP leader Nigel Farage to declare it "independence day".

Prime Minister David Cameron is to step down by October after the UK voted to leave the European Union. Speaking outside 10 Downing Street, he said "fresh leadership" was needed. The PM had urged the country to vote Remain but was defeated by 52% to 48% despite London, Scotland and Northern Ireland backing staying in. UKIP leader Nigel Farage hailed it as the UK's "independence day", while Boris Johnson said the result would not mean "pulling up the drawbridge".

Scottish First Minister Nicola Sturgeon said she was "absolutely determined" to keep Scotland in the EU so a second Scottish independence referendum was now "highly likely". EU chiefs said they expected the UK to begin negotiations to leave "as soon as possible, however painful that process may be". But Boris Johnson, the ex-London mayor and public face of Vote Leave who is now a frontrunner to be next prime minister, said there was "no need for haste" about severing the UK's ties. He said voters had "searched in their hearts" and the UK now had a "glorious opportunity" to pass its own laws, set its own taxes and control its own borders.

Another leading Leave campaigner, Labour's Gisela Stuart said the UK would be a "good neighbour" when it left the EU. The pound fell to its lowest level against the dollar since 1985 as the markets reacted to the results.

Flanked by his wife Samantha, Mr Cameron announced shortly after 08:15 BST that he had informed the Queen of his decision to remain in place for the short term and to then hand over to a new prime minister by the time of the Conservative conference in October. He would attempt to "steady the ship" over the coming weeks and months, but that it would be for the new prime minister to carry out negotiations with the EU and invoke Article 50 of the Lisbon Treaty, which would give the UK two years to negotiate its withdrawal, he said. "The British people have voted to leave the European Union and their will must be respected," said Mr Cameron. "The will of the British people is an instruction that must be delivered."

Area-by-area in maps: See how people voted
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Scotland independence vote 'highly likely'
Fri, 24 Jun 2016 - Scotland's first minister says a second independence referendum is "highly likely" after the UK voted to leave the EU.

Nicola Sturgeon said it was "democratically unacceptable" that Scotland faced the prospect of being taken out of the EU against its will. She said the Scottish government would begin preparing legislation to enable another independence vote. Scotland voted in favour of the UK staying in the EU by 62% to 38%. The UK as a whole has voted to leave, by a margin of 52% to 48%, prompting UK Prime Minister David Cameron to announce he would stand down by October.

The SNP manifesto for May's Holyrood elections said the Scottish Parliament should have the right to hold another referendum if there was a "significant and material change" in the circumstances that prevailed in 2014, such as Scotland being taken out of the EU against its will. At a news conference in Edinburgh, Ms Sturgeon said: "It is, therefore, a statement of the obvious that a second referendum must be on the table, and it is on the table," she said.

The Scottish government's resilience committee, which meets in times of emergency, is due to meet on Friday afternoon. Ms Sturgeon said the Scottish cabinet would meet on Saturday and she would make a statement to MSPs on Tuesday. The first minister said there was now a significant divergence between Scotland and the rest of Britain which she "deeply regretted". A majority of voters in all 32 council areas in Scotland voted Remain.

Area-by-area in maps: See how people voted
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Steady Pie · Jun 24, 2016

janpor said: ↑

"Europe isn't the sum of national interests but a community with a common fate in difficult times." - Mr. Westerwelle

"If Britain wants to leave Europe we will roll out the red carpet for you." - Mr. Fabius

(The tongue-in-cheek remark echoed Cameron himself, who once used the same words to invite rich Frenchmen alienated by high taxes to move to Britain.)

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The people disagree with you. The EU will hopefully dissolve in the coming decades. France, the Netherlands, Sweden and Italy are up next.

Do you want free trade? Yes. Do they want free trade? Yes. I understand that you have to punish them more than you would otherwise, so that this doesn't look like an attractive option to other member states, but that's your fault, not Britain's.

Maybe if you stopped acting like autocrats people would stop treating you as such. This is just the beginning.

vman12 · Jun 24, 2016

Baff said: ↑

Vote Trump please. NATO needs shaking out.
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We're workin on it. I'm really happy for you guys shaking off that EU shadow government and taking your country back.

Let's keep this rollin'.

waltky · Jun 24, 2016

The Brexit effect...

Six ways Brexit could hit Americans
Fri, 24 Jun 2016 - The UK's departure from the European Union could impact Americans in many ways in the coming year.

The United Kingdom's historic decision to become the first sovereign country to vote to leave the European Union has reverberated across the world. Though it's unclear what a British divorce from Europe may look like, the decision may have caused unintended consequences for many Americans. Here's a look at six ways the Brexit may affect the US.

1. Cheaper holidays to the UK

About one in 10 visitors to the UK is American. And the exchange rate for the dollar is better for Americans in the wake of Brexit - it's now worth $1.48, down about 8% from a year ago, and at its lowest level since 1985. This means Americans going to see Big Ben, Stonehenge or Edinburgh Castle this summer can expect their dollar to go a lot further, at least for now. Michael Stitt, president of North America for Travelzoo, told the BBC that he advises any American travellers to the UK to check on the exchange rate right before a trip and to consider taking GBP out while the exchange rate is low and the dollar is strong. UK hotels will almost certainly offer deals and specials, he said, and vacation operators will likely put together some "pretty aggressive" packages for going on holiday to the UK. On the inverse, British travellers may think twice before booking a trip to the US because it will be more expensive, he said.

2. Higher airfares

Though an attractive exchange rate makes a summer trip to London more affordable now, Brexit could make flying in and out of the UK more expensive in the long term. The UK currently operates under a single aviation market that allows British airlines the freedom to fly between EU countries and the right to fly within an EU country. The EU also has a similar agreement with the US. The outcome of last night's vote means the UK may lose its rights to fly in and out those countries if new contracts are not negotiated, according to Andrew Meaney, the head of transport for economic consultancy Oxera. Ultimately, airlines could struggle to meet the same amount of demands with fewer services in and out of the UK. US airlines could also consider replacing London with a city such as Dublin as an entry point into Europe.

3. Uncertainty for Americans working in London

For American bankers living in London, the Brexit signals uncertainty about the capital's status as the world's largest foreign exchange market. US banks will have to decide on moving thousands of jobs to other major European cities such as Dublin, Frankfurt or Paris depending on whether the UK is able to negotiate new trade deals to retain access to the world's largest single market, the EU. In a memo to staff on Friday, JPMorgan Chase CEO Jamie Dimon indicated that though the company planned to maintain a large presence in Britain, it would face significant hurdles. "In the months ahead, however, we may need to make changes to our European legal entity structure and the location of some roles," Mr Dimon said. If Scotland should seek another referendum vote to leave the UK in the wake of Brexit, American bankers may find themselves packing their bags for Edinburgh, the second largest financial hub in the UK.

4. Retirement funds in jeopardy

The Brexit has roiled global financial markets, with the US, UK, Europe, Hong Kong, Tokyo and Sydney markets dropping at the opening bell. Many Americans are exposed to the stock market through their retirement plan, also known as a 401(k) plan. In fact, about half of America's full-time employees participate in their company's 401(k), according to the Pew Charitable Trusts. The UK's exit from the EU has already hit current market prices and could potentially trigger a recession. Investments in global stock markets expose Americans to such market turmoil, and could result in one's equity portfolio losing value.

5. Property boom
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Markets reel as world absorbs shock of UK vote for Brexit
24 June,`16 -- Britain has jumped. Now it is wildly searching for the parachute.

The U.K.'s unprecedented decision to leave the European Union sent shockwaves through the country and around the world Friday, rocking financial markets, toppling Prime Minister David Cameron and even threatening the ties that bind the United Kingdom. Britons absorbed the overwhelming realization that their anti-establishment vote has pushed the British economy into treacherous and uncertain territory and sparked a profound crisis for a bloc founded to unify Europe after the devastation of World War II. "Leave" campaigners hailed the result as a victory for British democracy against the bureaucratic behemoth of the EU.

Conservative former London Mayor Boris Johnson said "the British people have spoken up for democracy in Britain and across Europe," while Nigel Farage, leader of the hard-right U.K. Independence Party, said "the dawn is breaking on an independent United Kingdom." But for the 48 percent of British voters who wanted to remain - and for the 2 million EU nationals who live and work in Britain, but could not vote - there was sadness, anger and even panic. At a London train station, commuter Olivia Sangster-Bullers called the result "absolutely disgusting." "Good luck to all of us, I say, especially those trying to build a future with our children," she said.

The decision launches a yearslong process to renegotiate trade, business and political links between the U.K. and what will become a 27-nation bloc, an unprecedented divorce that could take a decade or more to complete. Cameron, who had led the campaign to keep Britain in the EU, said he would resign by October and left it to his successor to decide when to invoke Article 50, which triggers a departure from European Union. "I will do everything I can as prime minister to steady the ship over the coming weeks and months," a somber Cameron said outside 10 Downing St. "But I do not think it would be right for me to try to be the captain that steers the country to its next destination."

He also said he had spoken to Queen Elizabeth II "to advise her of the steps that I am taking." In a referendum marked by notably high turnout - 72 percent of the more than 46 million registered voters - "leave" won with 52 percent of the votes. Stock markets plummeted around the world, with key indexes dropping more than 12 percent in Germany and about 8 percent in Japan and Britain. Markets calmed and later recovered some of their losses after Bank of England Governor Mark Carney promised to take "all the necessary steps to prepare for today's events." The Dow Jones industrial average dropped 611 points, or 3.4 percent, its biggest fall since August.

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waltky · Jun 25, 2016

Gonna be another Brexit vote?...

2.2 million Brits sign petition for second EU referendum
June 25, 2016 -- More than 2 million people in the United Kingdom signed a petition seeking a second referendum to determine the county's exit from the European Union.

The petition demands a new rule that when there are referendums with less than 75 percent turnout there would be another referendum unless the decision was backed by 70 percent of the voters. In Thursday's referendum the turnout was 72.2 percent and supported by 51.9 percent among the 30 million who voted. The petition was so popular Friday morning that it crashed the government's website. The petition's website said it was set up by a person named William Oliver Healey. Because the petition has over 100,000 votes it will be debated by Parliament, it's unclear if the petition can be considered retrospectively.

When the Remain vote was leading in the polls in May, UK Independence Party leader Nigel Farage suggested he would support a second referendum if it lost narrowly. Prime Minister David Cameron's office debunked Farage's suggestion then, with a tweet from the official account reading: "The Leave campaign is wrong to say there'll be a 2nd referendum if we vote to remain in the EU. This is a referendum and not a neverendum." The referendum isn't legally binding. In theory, the British government could ignore the results.

Some who voted to "leave" now say they are dismayed at what has happened. "I didn't think my vote was going to matter too much because I thought we were just going to remain," one man told the BBC's Victoria Live on Friday. Britain has not yet triggered Article 50 the process to leave the EU. Negotiations may take up to two years. And any new deal with the EU will have to pass Parliament. Foreign ministers from the EU's six founding members -- Italy, Belgium, Germany, France, Netherlands and Luxembourg -- met in an emergency meeting Saturday in Berlin and afterward urged Britain to end it's 43-year membership quickly.

http://www.upi.com/Top_News/World-N...nd-EU-referendum/8471466876269/?spt=sec&or=tn
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waltky · Jun 25, 2016

Will the EU break up?...

Can EU Survive a Brexit?
June 24, 2016 For once, media hyperbole matches reality. Britains vote to leave the European Union has sent shockwaves around the world with the initial one hitting the financial markets. The British pound crashed to levels not seen since 1985 and billions of dollars are being wiped off the value of British and European companies.

With the markets plunging and a majority of Britons voting against the EU, Prime Minister David Cameron announced he would resign but remain as a caretaker until Britains ruling Conservative Party selected a replacement in the next three months.

Will Brexit trigger exodus?

Who will replace him isnt the most important question following the referendum, although it will likely trigger a civil war within the Conservative Party. Across Europe, politicians are asking whether the European Union can survive Brexit or whether the British vote set in motion dynamics that will see other member states leave too?

German Foreign Minister Frank-Walter Steinmeier greeted the result with dismay. This is a sad day for Britain and for the EU, he said. But that view isn't shared by Europes far-right nationalists. Even before the Brexit vote populists in Denmark, France, Italy, the Netherlands and Sweden were pushing for their own referendums. They are likely now to be emboldened. France's far-right politician Marine Le Pen tweeted that the vote is a victory for liberty. What doesnt kill you, makes you stronger, said European Council President Donald Tusk as he sought to put a brave face on the result. He added that the EUs remaining 27 members are determined to keep our unity. Europe is the framework for our common future. But he admitted there would have to be serious reflection on what the vote means for how the European Union functions. Not only is the EUs future being questioned. To some, the British union's own survival is cast into doubt.

Scotland, Ireland

Despite British Leave campaigner Nigel Farage greeting the result as dawnbreaking on an independent United Kingdom, Scottish nationalists warned they are likely now to seek another referendum one to break with the English. Scotland massively backed the Remain camp with 62 percent of the Scots voting to stay in the EU. In Northern Ireland, the only part of Britain to share a land border with another EU country, the reaction from the Irish Republican party Sinn Fein was immediate and sharp. Party chairman Declan Kearney warned that the British government had forfeited any mandate to represent the interests of people here in the north of Ireland in circumstances where the north is dragged out of Europe as a result of a vote to leave.

His party colleague and Northern Irelands deputy First Minister, Martin McGuinness, called for a border poll on a united Ireland. As politicians and markets took in the result, Peter Mandelson, a British Labour Party politician and chairman of the strategic advisory firm Global Counsel, said the next few years will be full of uncertainty and difficulty for Britain and Europe. It will take two years for the British government to negotiate with our erstwhile partners. It will take many more years for negotiations on Britains future relations with Europe, he said. He argued the period of uncertainty should be shortened as much as possible, saying the British government, whoever leads it, should trigger the formal process for the divorce as soon as possible.

Formal divorce
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Asian leaders raise economic concerns over Brexit vote
June 24, 2016 -- Britain's decision to leave the European Union drew mixed reactions from Beijing, Tokyo and Seoul.

During a press briefing on Friday Chinese foreign ministry spokeswoman Hua Chunying said Beijing had taken note of the vote. "Beijing respects the decision of the British people," Hua said, according to South Korean news service Newsis. Hua added the decision to leave the EU would naturally impact bilateral relations with Britain. But Beijing will approach the partnership with Britain and the EU using a "long-term" perspective, the spokeswoman said. In Japan, Prime Minister Shinzo Abe took a more proactive approach to the news from London.

During a recorded television debate on Friday, Abe said he is "concerned" about currency fluctuations and that Tokyo is committed to taking "every measure" to guarantee stability in the world's financial markets, The Japan Times reported. "British citizens have made a decision to leave the European Union. I'm concerned over risks on currencies and financial markets," Abe said. In South Korea, Seoul's ministry of strategy and finance held an emergency meeting on economic and financial stability.

The South Korean won experienced increased volatility, according to a statement from Seoul. In order to minimize repercussions on the Brexit vote, Seoul stated it is operating a 24-hour government monitoring and response system, as well as "keeping an eye on the movement of major currencies." Risks, however, will be minimized, "given the low level of trade between Korea and Britain," the statement read. Ahn Cheol-soo, an opposition party politician, said his party is willing to offer all cooperation with the ruling party's government in order to minimize the fallout from the Brexit decision.
http://www.upi.com/Top_News/World-N...over-Brexit-vote/5371466791710/?spt=sec&or=tn
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China media scoff at Brexit, but upbeat on UK ties
Sun, Jun 26, 2016 - Chinese state media yesterday offered snide criticism of the negative consequences of democracy after Britain voted to leave the EU, but vowed to stand by the golden age of Sino-British ties.

Although China and Britain have a history of disputes over human rights and the future of the former British colony of Hong Kong, export-reliant China had valued Britain as a strong advocate for free trade within the EU. Relations between Britain and China have been warming over the past few years and economic links have multiplied, in what both countries refer to as a golden age in ties, a concept promoted by Chinese President Xi Jinping and British Prime Minister David Cameron, who resigned followed the referendum. China on Friday called for Britain and the EU to reach agreement as soon as possible after Britains vote to leave the bloc, adding that China respected the choice of the British people.

However, influential Chinese tabloid the Global Times, published by the Chinese Communist Partys (CCP) official Peoples Daily, yesterday questioned the wisdom of such a momentous decision being decided by such a relatively narrow margin. Is it really fair to decide Britains future this way? it said in an op-ed. For the Chinese people, who are at a critical time to learn about globalization and democracy, they will continue to watch the consequence of Britains embracing of a democratic referendum, the paper said. The stability-obsessed CCP brooks little dissent to its rule, and such a public vote would be unthinkable in China.

Britains vote to leave dealt the biggest blow to the European project of greater unity since World War II and global financial markets plunged as results from Thursdays referendum emerged. The leave camp won by 52 percent to 48 percent. Xi and Cameron had set great store on the bilateral relationship, and when Xi visited Britain last October the two sealed almost ￡40 billion (US$54.74 billion) in business deals, including the financing of nuclear power stations. In a front page commentary, the Peoples Daily overseas edition dismissed people wanting to stir up trouble and badmouth Sino-British ties. In the face of much complicated information, people need to see the positive aspects in relations, it said. Cooperation wont change because of Brexit.

Both are important players on the world stage, including permanent members of the UN Security Council, the paper said. Going forward, China and Britain will keep pushing for the early realization of the golden age, the paper said.

http://www.taipeitimes.com/News/world/archives/2016/06/26/2003649515
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No Room For Traitors: Brexit please!

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No Room For Traitors: Brexit please!

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