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Transatlantic News
Transatlantic News
06
Feb
Brussels, 6 February 2019
The Withdrawal Agreement and the Political Declaration have been negotiated in good faith and have been agreed by all 27 Leaders of the European Union Member States as well as by the United Kingdom Government.
As we have said on many occasions, the Withdrawal Agreement is the best and only deal possible. It is not open for renegotiation.
The backstop is an integral part of the Withdrawal Agreement. While we hope the backstop will not need to be...
05
Feb
5 February 2019. Brussels, Belgium
The European Commission recommends engaging in two international negotiations on cross-border rules to obtain electronic evidence.
With the majority of criminal investigations requiring access to evidence based online and often outside the EU, there is an urgent need to equip police and judicial authorities with quick and efficient tools fit for modern reality.
Following up on the European Council Conclusions from October 2018, the Commission presented two negotiating mandates, one for negotiations with the United States and one...
04
Feb
By Hadas Gold, CNN Business
February 4, 2019
London (CNN Business)- Companies in the United Kingdom are spending less and scaling back plans because of Brexit fears that have pushed business confidence to its lowest level in a decade.
The dire outlook was revealed Monday in surveys published by Deloitte and the Institute of Chartered Accountants in England and Wales.
Deloitte found that chief financial officers have adopted their "most defensive strategy stance in nine years." Revenue growth expectations have dropped to their lowest level...
01
Feb
LONDON (Reuters) - The European Union’s markets watchdog said it has approved an agreement on supervisory cooperation with Britain after Brexit to avoid disruption to cross-border financial services like asset management.
“The board agreed in substance the Memorandum of Understanding and will provide more detail shortly,” a spokesman for the European Securities and Markets Authority (ESMA) said on Thursday.
The MoU was negotiated with Britain’s Financial Conduct Authority (FCA) to ensure that regulators in the bloc and London agree to exchange...
31
Jan
Jerome H. Powell, the Federal Reserve chairman /Getty Images
By Binyamin Appelbaum, New York Times
Jan. 30, 2019
WASHINGTON — In suspending its previous plans to continue raising rates this year, the Federal Reserve signaled that its march toward higher interest rates may be ending sooner than expected.
The Fed’s chairman, Jerome H. Powell, said economic growth remained “solid” and the central bank expected growth to continue. But in a sharp reversal of the Fed’s stance just six week ago, Mr. Powell said the...
30
Jan
Brussels, 30 January 2019
Speech by President Jean-Claude Juncker
Mr. President,
Honourable Members,
In less than 60 days, the United Kingdom is due to leave the European Union. This is a bad decision, as I find.
Even as the Commission has defended the interests of the European Union, this spirit of respect and friendship has accompanied us at every step in these negotiations. The Withdrawal Agreement and Political Declaration agreed by all 27 Leaders and the United Kingdom government is the result of that....
30
Jan
Brussels, 30 January 2019
The European Commission has today published a report on the implementation of the 25 July 2018 Joint Statement agreed by Presidents Juncker and Trump.
In line with the Commission's commitment to transparency, the report provides a detailed overview on the state of play of the talks so far. The document was sent today to the European Parliament and Member States.
The Joint Statement launched a new phase in EU-U.S. trade relations, preventing an escalation in trade tensions and setting out...
29
Jan
By Charlie Cooper, Politico 1/29/2019
LONDON — MPs opted not to back an attempt by backbenchers to remove the threat of a no-deal Brexit on March 29 in a key vote in the U.K.'s House of Commons. A proposal put down by Labour MP Yvette Cooper that aims to force the government to delay Brexit day was backed by 298 MPs with 321 voting against — a deficit of 23.
The amendment, which was opposed by the government, would have carved out...