etvfutures.com
etvfutures.com November 24, 2017


European Union says Brexit talks 'deadlocked' but progress possible

12 October 2017, 08:58 | Cesar Cruz

GETTYTheresa May is urging the EU negotiating team to get on with

Theresa May

"There has actually been good progress made in these talks, and Michel Barnier himself has recognised that over the coming weeks we will be able to make constructive progress as well", May told reporters, adding that good progress was being made on the issue of citizens' rights.

"We've reached a state of deadlock which is very disturbing for thousands of project promoters and taxpayers", he said, referring to the projects that depend on European Union funding and the taxpayers who foot the bill for that budget.

The leaders meet in Brussels on October 19-20, and with time short to seal a deal it had been hoped they would agree to widen the talks.

Barnier said that there was "deadlock" on the issue of the scale of Britain's financial settlement and that there had been no negotiations on the issue this week.

He said uncertainty about Brexit is weighing on the economy, and "we need to remove it as soon as possible by making progress" in talks with Brussels.

But Britain says these issues are closely intertwined with their future relations like trade and must be discussed together. Clearly we'd like them to give Michel the means to broaden the negotiations, it's up to them whether they do it. It's up to them whether they do it. The agreement we are working on will not be built on concessions.

Apple Reportedly Working With LG Display on a Foldable iPhone for 2020
LG has reportedly completed its own foldable OLED panel prototype and has been upgrading the durability and the yield rate. The report adds that Samsung can be expected to be supplier of displays for Apple next year too.


Britain must leave the European Union on March 29, 2019, but the negotiations must be completed within about a year to leave time for European Union states' national parliaments to ratify the Brexit agreement.

He said the interpretation of rights must be "genuinely consistent" between the United Kingdom and the EU after Britain quits and suggested they must be applied through the European Court of Justice. The pound traded down by as much as 0.6 percent against the euro after Barnier spoke.

However, that commitment has not yet been spelled out by United Kingdom negotiators.

'There have therefore been no negotiations on this subject. But, Barnier warned, "no deal would be a very bad deal". The British government is under pressure from euroskeptic lawmakers to increase planning for a "no deal" Brexit, in which the United Kingdom leaves the bloc without a trade agreement.

Earlier Lawson, who served as finance minister between 1983 and 1989, said Hammond may be inadvertently undermining the government's Brexit plans and should be removed from office. "With David Davis, we will organise several negotiating meetings between now and the end of the year".



Other News

Trending Now

Apple to partner with LG for foldable iPhone
It could also be because Apple is cautious about what they share with Samsung , according to Korean news site The Investor . So that means Samsung is charging as high as it wants to produce those screens, and Apple has no choice but to pay up.

Ophelia becomes 10th straight Atlantic hurricane, marking busiest season since 1983
Ahead of the heavy wind and rain Hurricane Ophelia will bring with it, temperatures are set to reach 20 degrees over the weekend. A hurricane is headed for the United Kingdom - and it's due to hit on the 30-year anniversary of the 1987 Great Storm.

Jack Wilshere is considering leaving Arsenal
He didn't want me to play as a left winger. "He is very close to be considered like everyone else". If keeps going like he is going at the moment, he will go to the World Cup, I am sure.

Once Again, Legends Of Tomorrow Is Losing Part Of Firestorm
After spending three years in The CW's DC universe, Victor Garber will be exiting DC's Legends of Tomorrow , Deadline reports. It's certainly possible for the show to simply sideline his character for a time until Garber is able to return.

Official Says North Korean Hackers Stole US-South Korea War Plans
She described herself as a moderate Republican but voiced anxiety about how North Korea might respond to Trump's tough talk and tweets .

What Would Martial Bring to Barcelona?
Arsenal could salvage the worrying Alexis Sanchez situation by swapping him for Manchester United's Anthony Martial . Anthony Martial is hitting the headlines at the moment.

Apple Data Center in Ireland Gets Green Light
The construction of the 166,000 sqm data centre is expected to generate up to 300 jobs during the different phases of expansion. Keane told Business Insider that Irish laws need to be changed to prevent similar delays in the future.

Aarushi's parents did not murder her says Allahabad High Court
Initially, the UP police had suspected Talwars' servant Hemraj , who was missing after the murder, as the murderer. When they challenged the verdict in the Allahabad High Court , they blamed the CBI for "shoddy investigation".

Sensex, Nifty zoom ahead of results by TCS, Reliance Industries
Healthcare, realty, IT, capital goods, oil and gas and auto stocks were in the pink of health, rising by up to 0.86 per cent. U.S. stocks reacted mutedly to the minutes of the most recent Federal Reserve policy meeting, according to a Reuters report.

Himachal Pradesh assembly elections to be held on November 9
The dates for the Assembly elections in Gujarat and Himachal Pradesh are likely to be announced on Thursday. The term of the 68-member Himachal Pradesh Legislative Assembly will come to an end on January 7, 2018.