Brexit: The fallout

18,330 posts in this topic

19 hours ago, Mackle said:


Leavers seem especially prone to this.  The comments section of a Nigel Farage, Michael Heaver, or Mayer Tousi video tends to be full of militant people. People like Heaver really whip up the fan base in to believing that everything the EU does is an act of provocation. Whilst MP Bill Cash pretty much says exactly the same thing with his rants in Parliament (for example, Bill Cash in Parliament basically accused the EU of declaring war on the UK last year when the whole Internal Market Bill debacle was going on), no one can really comment directly on them, unlike the Brexiteer YouTubers. 

This is why people support things like stop and search in London and other big cities when they live in small towns. It is giving an opinion on something you won't ever have to do yourself or have to deal with.

Imagine how people would actually react if the police stopped and searched every 10th teenager in the country out after 8pm. They'd soon complain that their kids were stopped and searched.  

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Tories gonna Tory:

 

"Prime minister Boris Johnson and chancellor Rishi Sunak have declared that eight new English freeports — announced in the Budget — will be a “transformational” benefit from Brexit.

 

But officials disclosed on Sunday that recent post-Brexit trade agreements with 23 different countries include clauses which specifically prohibit manufacturers in freeport-type zones from benefiting from the deals."

 

https://www.ft.com/content/625d1913-9242-4d97-9d0b-9cd6925c4e0e

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https://www.theguardian.com/world/2020/feb/10/eu-clamps-down-free-ports-zones-crime-terror-links

 

Free ports 

 

Brussels is clamping down on 82 free ports or free zones after identifying that their special tariff and duty status has aided the financing of terrorism, money laundering and organised crime.  So free ports are allowed in the EU, what was BREXIT all about again ?

 

In July, the commission said free ports, popular for the storage of art, precious stones, antiques, gold and wine as alternative assets to cash, posed an emerging threat in multiple ways.  So its an advantage to criminals, well done BREXIT

 

As an example of the nefarious activities taking place at such sites, the commission noted that in December 2016, Swiss authorities seized cultural relics looted from Syria, Libya and Yemen that were being stored in Geneva’s free ports.  dito 

 

“Free ports are conducive to secrecy,” the report added. “With their preferential treatment, they resemble offshore financial centres, offering a high degree of security and discretion, and permitting transactions without attracting the attention of regulators or direct tax authorities.”  So another advantage to Boris's criminal mates 

 

A report from the European parliament last year noted that a growing demand for free ports could in part be explained by a recent global crackdown on tax evasion.  People like J Mogg, can hide their money away and never pay TAX, BREXIT the TAX dodge  ?

 

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AFAIK no new freeports are allowed in the EU. Existing ones may continue to function but if they are detrimental to the greater good then the EU is right to put them under more scrutiny. 

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1 hour ago, yesterday said:

“Free ports are conducive to secrecy,” the report added. “With their preferential treatment, they resemble offshore financial centres, offering a high degree of security and discretion, and permitting transactions without attracting the attention of regulators or direct tax authorities.”

 

I work for an employer that is based in a freeport. Dubai has several freeports and freezones scattered around, even things such as Visa requirements and employee law are different in them (it made it a lot easier for my employer to get me a Visa for my job role despite not having a degree which is a pre-requisite in non-freeport/freezone areas).  Some ports have unique statuses - "Dubai Internet City" for example doesn't have the same internet laws as applies everywhere else in the UAE.

 

Has anything firm been published about how far the UK Government wants to go with freeports? If they follow the UAE model, they could have less employee protection than the normal law stipulates, and not be restricted by the immigration system or have a minimum wage, on top of the tax benefits to employers.

 

 

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I'm sure the Tories will 100% do what's in the best interests of the Conservative Party.

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5 hours ago, fraufruit said:

That site has a paywall. Got another link?

 

A tip, from another user called  HF99 ( dont know if you know him, but it does work )

 

Copy the URL ie 

https://www.ft.com/content/625d1913-9242-4d97-9d0b-9cd6925c4e0e

 

and paste it in to a new TAB, then you see the main subject matter, copy it  

 

UK freeports blow as exporters face tariffs to 23 countries

and paste it into another new TAB, this normally brings you to the article with all the text, and its just worked for me, thank HF 99

 

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6 hours ago, fraufruit said:

Thanks and now I know what freeports are.

Tax avoidance. That's what you need to know.

 

It's also somewhat questionable as any boost to business at a freeport is offset by the loss of business at the non-free port down the road.

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Hamburg's Freeport ("Freihafen") was shut down back in .Jan 2013.

 

It used to be a short cut to the Autobahn, 

but always the risk of the Zollies asking to open and search the car...

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On 5/8/2021, 2:11:33, alexunterwegs said:

 Meanwhile the hopelessly over-promoted Liz Truss is proud of doing trade deals with the likes of Colombia and for ever talking up one with Australia, but the truth is, this is small fry compared to a trade deal with Europe, our natural geographical market. Also, I still can't believe that the UK with an eighth the market size of the EU, will have the clout at the negotiating table to impress Biden or the Chinese compared to being part of the EU.

 

Why is Liz Truss hopelessly over promoted, then?   

 

The UK is going to sign a lot of trade agreements with a lot of countries, Columbia and Australia included. What have you against the UK signing an agreement with Colombia? 

 

And the Australian agreement is a work in progress. 

 

Brexit: UK and Australia agree 'vast majority' of trade deal (BBC, 23.04.21) 

 

Quote

The UK and Australia say they have agreed "the vast majority" of a free trade deal.

 

After talks on Friday in London the two said they aim to seal a deal by June.

 

"Both countries are confident the remaining issues will be resolved, and will now enter a sprint to agree the outstanding details with the aim of reaching agreement in principle," a joint statement said.

 

And the UK has an agreement with the EU. 

 

 

On 5/8/2021, 2:11:33, alexunterwegs said:

Also, hardly any British will have yet been confronted with the hassles at EU border checkpoints and the new restrictions. Boris is profiting from the vaccine roll out in the UK for the time being, but the tide will start turning when the home truths about his Trade deal start being felt. What we're seeing in Jersey and Northern Ireland is just the thin end of the wedge. 

 

What a load of rubbish. The EU are on their arse and will be more than pleased to see them Brits with their pounds and smuggled ham sarnies. 

 

On 5/10/2021, 3:09:26, yesterday said:

A tip, from another user called  HF99 ...  thank HF 99

 

Remember!  I am here to help! 

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OK, enough of the shenanigans, let's have a look what has been happening, shall we! 

 

Looks like that nice Mr. Monsieur Barnier has just outed himself as a secret racist Brexiteer! 

 

Michel Barnier calls for halting of immigration to EU  (City A.M, 11.05.21)

 

Quote

The EU’s former chief Brexit negotiator Michel Barnier has called for a halt to immigration across Europe for up to five years.

 

The French politician said immigration in the EU was “not working”, adding that the bloc’s external borders had become a “sieve”.

 

“I think we have to take the time for three or five years to suspend immigration,” he told French media. 

 

“I’m not talking about students or refugees, who we need to treat with humanity and care, but we need to examine all the procedures, we have to discuss Schengen with our neighbours, we have to apply controls on borders, we need to be more rigorous.”

 

Barnier said there were “links” between immigration and “terrorist networks that infiltrate migrational flows”. He also cited trafficking as a major concern.

Asked if the comments cast questions over his reputation as a moderate, Barnier denied that he was changing his views.

 

Someone will be along soon to complain about the loss of cultural exchange, no doubt. 

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I read the ft headline as "UK free ports blow" (as in suck). Good old Liz Truss eh?! Imagine being that stupid and still having the brass neck to show yourself about the place.

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Brilliant!

 

A meme showing Cameron and Osbourne!  It must be from the Remoaner meme archives, is it? 

 

Furthermore, that €-Iceberg.  Does it symbolize the double dip recession that the Eurozone has entered?  

 

Eurozone suffers double-dip recession as pandemic impact continues  (BBC, 30.04.21)

 

49 minutes ago, yesterday said:

Capture.JPG.3604cd5b9e503354c025ebdb9786

 

If only there were a recovery fund to help the EU out of this mess. 

 

European Commission to pressure Ireland on tax in recovery fund plan  (Irish Times, 01.05.21)

 

Quote

The European Commission will pressure Ireland to address “aggressive tax planning” in national plans for spending its chunk of the bloc’s €750 billion Covid-19 economic recovery funding, The Irish Times understands.

 

Ireland is due to get hundreds of millions of euro in grants and loans over the next three years as part of the stimulus plan, but must submit a plan for how it will spend the cash that must be signed off by the commission.

 

Member states must commit to using the money for investments that strengthen their economies for the future, particularly in digitalisation and green initiatives, in order to get the nod.

 

But the commission will also insist that governments agree to implement a longstanding list of recommended reforms, known as “country-specific recommendations”, for their spending plans to be signed off on and the cash released.

 

Oh dear! 

 

The EU Commission wants Eire to reform their...ahem...'tax laws', therefore, reducing their competitive edge. 

 

Thank God the UK is not part of this mess because you can bet your arse that they would be footing a major part of the bill for this. 

 

 

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