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The possibility of exiting the European Union is described in Article 50 of Treaty of Lisbon. As for the latest news, Teresa May send official letter to the European Council with the statement of final decision of leaving the EU in March 29, 2017. So, the process of “Brexit” has started. Membership in the European Union does the British economy stronger.
The EU supports business of Great Britain, creates workplaces and provides lower prices for consumers. If Britain leaves the EU, investments will fall and брексит события millions of people will lose work as global manufacturers will transfer the transactions to more profitable member countries of the European Union.
Kingsbridge, United Kingdom Government Events
The purpose of the given work is the analysis of probable economic consequences of “Brexit” for Britain and also for Asian countries, such as China and Japan. The result of the work is the conclusion that Britain has stumbled on the duality in problem solving of the exit from the European Union; we can find drawbacks and advantages in all searching spheres of this topic. Economic measurements collapsed after the day of referendum and it is unknown what else the British economy and the whole world economy can expect after the exit the country from the European Union. The main tool of my research was the informational agency Bloomberg, which has the huge amount of data on this subject. The exit of Great Britain from the European Union will become serious strike against China both economically and politically.
If we are in the EU, we will have what we need. Outside we will become a mistrusted, treacherous, third party. There will be future “cod wars” amongst other many other varied fights and we will lose most if not all of them. The potential threat from outside actors is even greater, as we have made ourselves of scant value to the US too by leaving the EU. “causing serious damage to European security, all for the sake of political doctrine and ideology” – to regain souvereignty and border control, riding Britain of EU laws etc.
Whether exiting the EU Treaty automatically involves exiting the EEA Agreement is not a question covered by either treaty. The court with jurisdiction over EU Member States’ status and implementation of their EEA obligations is the Court of Justice of the European Union (CJEU). Should the UK remain a party to the EEA Agreement, this would remove a large degree of uncertainty that currently exists over so-called “passporting” rights for UK companies operating in the EU single market. For example, retaining access to the EU single market via the EEA would preserve for UK airlines their ability to use current air services rules and agreements on access to the EU single market and to benefit from bilateral Air Services Agreement with non-EU countries like the USA.
We can debate whether that dystopian concern is real (I personally don’t think so), but let’s not obscure this by suggesting an economic imperative. Yes, free immigration produces greater economic efficiency brexit news , but it will produce no economic benefit at all if a political reaction to it leads to a reduction in trade in goods as well. This is the risk evident in Brexit and possibly also in the USA.
The most part of the Japanese financial institutions and companies, including Nissan Motor Co, chose Great Britain as the European headquarters. Nearly a half of investments of Japan into the EU last year went to Great Britain. Cummings meets and hires Canadian Zack Massingham, co-founder of AggregateIQ, who offers to build a database using social media tools of voters who are not on the UK electoral register but are inclined to vote to leave. The next sequences show Cummings outlining the core strategy on a whiteboard of narrow disciplined messaging delivered via algorithmic database-driven micro-targeting tools.
- Gove and Johnson are shown as having some reticence over specific Vote Leave claims (e.g. £350 million for NHS, and 70 million potential Turkish emigrants) but are seen to overcome them.
- For example, retaining access to the EU single market via the EEA would preserve for UK airlines their ability to use current air services rules and agreements on access to the EU single market and to benefit from bilateral Air Services Agreement with non-EU countries like the USA.
- Cummings rejects an approach by Nigel Farage and Arron Banks of Leave.EU to merge their campaigns, as his data shows Farage is an obstacle to winning an overall majority.
- A new challenge has emerged against the UK Government’s plans for Brexit.
- The next sequences show Cummings outlining the core strategy on a whiteboard of narrow disciplined messaging delivered via algorithmic database-driven micro-targeting tools.
This would then constitute a second legal challenge to the Brexit process additional to the current application before the UK Supreme Court on the Government’s use of executive (or “prerogative”) powers to trigger the process of EU withdrawal under Article 50 of the EU treaty. This new challenge is solely based on the constitutional arrangements of the EEA Agreement and therefore it is highly probable that any UK court seized of this dispute will make a “Reference” to the Court of Justice of the EU (CJEU) for an interpretation ruling under Article 267 of the Treaty on the Functioning of the European Union (a mechanism devised to ensure uniformity of interpretation throughout the Union). Even with an expedited hearing, a Reference is unlikely to be heard and the interpretative questions answered by the CJEU in less than 12 months, especially as in a case of such importance, most if not all the 31 EU/EEA States will wish to participate in this case, (as well as the institutions of the EEA and EU). The closing sequence returns to the pre-opening credits fictional future public inquiry, and Cummings outlining his disappointment at how the political system reacted post the Vote Leave victory, eventually walking out in disgust.
According to calculations of Confederation of the British industry, an exit of Great Britain from structure of the EU will cost the United Kingdom 100 billion pounds sterling; it is about 5% of GDP of the country, and reducing 950 thousand workplaces by 2020. The budget will lose 45 billion euros tax revenues (that is equivalent to 7% of the VAT). Political strategist Dominic Cummings leads a popular but controversial campaign to convince British voters to leave the European Union from 2015 up until the present day. Before the opening credits, a frustrated Dominic Cummings is shown at a future fictional public inquiry trying to explain that they have no understanding of the way in which technology is going to reshape politics, and therefore society, in the United Kingdom. After the opening credits, Cummings rejects an offer in 2015 by UKIP MP Douglas Carswell and political strategist Matthew Elliott to lead the Vote Leave campaign due to his contempt for “Westminister politics”, but accepts when Carswell promises Cummings full control.
You cannot expect that an act that you take (Brexit), which threatens the economic security of the Union and then, as you are watched by the members of that union, openly predict and even hope for its collapse, that you can still have a deep and special partnership of any kind with said union. Life doesn’t work like that. Not even in little old exceptionalist Britain.
The real reason why the EU is so violently opposed to a UK immigration exception is the fear that it will lead to exceptions all over Europe, undermining the political dream of a ‘united’ Europe, and ultimately leading to the rabid tribalism of the early twentieth century. Asia also reacted on “Brexit” by falling of the main quotations. The Japanese Nikkei dropped more than by 8%, it is the most essential recession after an earthquake and a tsunami which were in 2011 brought to 10% fall of the markets. Great Britain risks of losing the Japanese investors become higher after Brexit.
The same process would be likely to apply to insurance, banking and other sectors requiring “passporting” rights to continue accessing the EU single market. The EU structure of vetos is so damaging to any cohesive policy, https://finprotect.info/gryadet-referendum-o-vyxode-britanii-iz-es/ it is impossible to see how any Brexit deal can be achieved, certainly within the two year period after Article 50. in number of migrants. It will create expanded employment possibilities for the British workers.
A new challenge has emerged against the UK Government’s plans for Brexit. “British Influence”, a lobby group campaigning for UK access to the European Union (EU) single market, has addressed a formal request to the British Government (“HMG”) to clarify its position on whether the UK’s withdrawal from the EU will, in HMG’s view, also involve withdrawal from the European Economic Area (EEA), which is an agreement between the EU Member States and three member states of the European Free Trade Association (EFTA), namely Norway, Iceland and Liechtenstein, giving them access to the EU single market. The film then jumps to the referendum polling day on 23 June 2016, the announcement of the result and after a victory speech, Cummings quietly leaving the Vote Leave campaign office. Mills, who chairs the Vote Leave campaign, tries to have Cummings fired to merge with Leave.EU, however, he instead finds himself getting fired. British Influence has announced that it will make an application for judicial review of HMG’s interpretation of the UK’s EEA obligations to the High Court.
China hopes to influence on the EU policy by means of the more close relations with Great Britain. Also Great Britain gave the opportunity to enter the huge European market to China. Many Chinese companies consider the British economy as rather easy to invest therefore more important for China became the strategy of investment into Europe. Need to brexit news mention, that in case of Brexit Great Britain will cut off an exit to China to the market of the EU. However, despite of advantages and disadvantages of Brexit, the most British people voted for leaving the European Union, the votes were divided as 51.9% for to leave and 48.1% for to remain on the referendum which took place in June 23, 2016.
In the final stages, high-profile senior Tory MPs Michael Gove and Boris Johnson join the Vote Leave campaign emphasising the need to “Take Back Control”, while Penny Mordaunt is shown on BBC raising concerns over the accession of Turkey. Gove and Johnson are shown as having some reticence over specific Vote Leave claims (e.g. £350 million for NHS, and 70 million potential Turkish emigrants) but are seen to overcome them. Cummings’ database-driven approach causes friction with Vote Leave MPs and donors, such as John Mills, who expect to conduct a traditional campaign using posters and phone-calls/leaflets delivered by local MPs. Nigel Farage, the former UK Independence Party leader, now says that the June 2016 Brexit referendum could be overturned. He’s right, and the first requirement is to dispel the aura of inevitability surrounding Britain’s withdrawal from Europe.