In These New Times

A new paradigm for a post-imperial world

Posts Tagged ‘end of special relationship’

Ex-MI6 and defence chiefs warn Tory MPs to vote down Brexit deal that ‘threatens national security’

Posted by seumasach on January 15, 2019

Explaining why they oppose the new relationship with the EU in the agreement, they write: “Buried in this Agreement is the offer of a ‘new, deep and special relationship’ with the EU in defence, security and intelligence which cuts across the three fundamentals of our national security policy: membership of NATO, our close bilateral defence and intelligence relationship with the USA and the Five Eyes intelligence alliance.”

The geopolitical stakes in Brexit couldn’t be put more starkly. However, short of Trump’s removal from office, they appear totally unrealistic.

Sky News

10th January, 2019

A former top spook and an ex-defence chief have taken the unprecedented step of urging Tory constituency bosses to order their MP to vote against Theresa May’s Brexit deal.

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Posted in brexit crisis | Tagged: , | Leave a Comment »

Trump tax overhaul may drain $2 trillion from foreign projects as funds shift to U.S.: U.N. report

Posted by seumasach on December 15, 2018

“Almost 40 percent of the funds are located in the United Kingdom or its Caribbean offshore territories such as the British Virgin Islands, UNCTAD said, citing data from the Bureau of Economic Analysis.”

This hit by Trump against City of London and UK offshore interests has received little commentary but goes a long way to explaining the wall of hostility towards him in the UK press. This is also confirmation of my contention that Trump has ended the special relationship at a time when the UK itself is trying to throw off the regulatory fetters of the EU (I refer, of course, to the regulation of finance). It also goes a long way to explaining why the UK has descended into political chaos, finding itself caught between the EU and the USA, between a rock and a hard place.

Japan Times

6th February, 2018

U.S. President Donald Trump’s tax reform could bring almost $2 trillion back to the United States as U.S. firms repatriate cash piles from foreign affiliates, a U.N. report said on Monday.

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Posted in Battle for Europe, British economy | Tagged: , , , | Leave a Comment »

 
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