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Brussels threatens legal action for violation of UK Brexit treaty



Brussels threatens legal action for violation of UK Brexit treaty

Brussels issued an ultimatum to Boris Johnson demanding that he abandon his plans to cancel Britain’s Brexit treaty by the end of the month, warning that the move “seriously undermined confidence between the EU and the UK.”

Amid a sharp escalation of tensions that threaten the future of trade negotiations between the two sides, the European Commission on Thursday threatened legal action if the British Prime Minister did not withdraw the controversial provisions from the UK internal market bill.

Michael Gove, a cabinet minister, insisted that the government “could not and will not” withdraw a bill that would allow Britain to ignore parts of the Brexit agreement concerning Northern Ireland.

Brexit Johnson’s tough tactics have been condemned not only by Brussels, but also by leading Conservatives, amid signs that the bill will be criticized by some Conservative MPs and their colleagues when it is introduced to parliament.

Michael Howard, a former Eurosceptic Tory leader, told the House of Lords that the bill would “damage” Britain’s reputation, while former Tory chancellor Lord Lamont said the government was in “terrible disarray.”

Some Tory MPs are expected to rise when the bill arrives in the House of Commons on Monday, a prelude to serious constitutional clashes with senior conservative colleagues in the upper house.

Mr Gove insisted that these plans are necessary to ensure a free flow of trade from Northern Ireland to the UK. Behind the scenes, some Tory officials discussed whether the bill could be amended to avoid confrontation with parliament and Brussels.

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EU diplomats stressed that Brussels does not intend to immediately end negotiations on a future relationship, saying that it would be tantamount to falling into a trap laid by the UK.

David Frost, the UK’s chief negotiator, said the two sides will meet as planned for further talks in Brussels next week, but EU officials said the eighth round of talks has made little progress.

“If the UK doesn’t want a deal, it should just say so,” one diplomat said. “We are calmly and patiently working on the deal.”

The public statements came after the final round of trade talks in London following an emergency meeting of the EU-UK joint committee that oversees the Brexit deal agreed last year.

Brussels convened a meeting following the shock decision of the UK government violate international law by using parliament to overturn parts of the Northern Ireland protocol enshrined in the UK secession agreement.

The protocol resolved a long-standing stalemate between the two sides over how to prevent a hard trade border on the island of Ireland by keeping Northern Ireland close to the EU customs union while simultaneously being in UK customs territory.

Maros Sefkovic, the EU’s lead representative to the joint committee, exposed Brussels’ deep concern over the violation of the Northern Ireland protocol, warning that the future of trade negotiations with the UK is at stake.

Mr Shefkovich urged the UK government “to withdraw these measures from the bill as soon as possible and in any case by the end of the month.”

He said the move “seriously undermined confidence between the EU and the UK.” The commission’s statement added that now “the UK government must restore this confidence.”

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Michel Barnier, the EU’s chief Brexit negotiator, said the EU “remains committed to an ambitious future partnership with the UK,” while complaining that the UK “does not participate in a reciprocal manner on the fundamental principles and interests of the EU.”

Brussels rejected arguments put forward by British ministers that legislative plans are a necessary guarantee of the continuation of the peace process in Northern Ireland.

“The EU does not accept the argument that the purpose of the bill is to protect the Good Friday (Belfast) Agreement,” the commission said. “In fact, she thinks it’s the other way around.”

The Commission also said the UK would face legal action for non-compliance, adding that Mr Shefkovich “reminded the UK government that the withdrawal agreement contains a number of mechanisms and remedies to address violations of the legal obligations contained in the text – which The European Union does not hesitate to use it. “

An internal EU commission analysis document read by the Financial Times warns that even with the bill, the UK has “violated the integrity commitment” enshrined in its Brexit treaty.

The commission’s document discusses options for Brussels to act in accordance with the agreement, including taking the country to the European Court of Justice or launching an arbitration process – either of which could result in a fine.

The UK bill would empower ministers to intervene on issues such as the application of EU government aid rules in Northern Ireland and the need for export declarations for goods shipped from the region to the UK.

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But EU officials objected that the measures would be a rough step up from the clear commitments in the treaty, undermining a carefully crafted deal designed to keep trade flows on the island of Ireland regardless of what happens in future EU-UK negotiations.

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The dollar continues to reflect the political scenario



The dollar continues to reflect the political scenario

Yesterday, financial agents evaluated the opposite decision of the Federal Supreme Court (STF) regarding the so-called secret budget. In addition, a decision was made by STF Minister Gilmar Méndez to issue an injunction that would exclude the Bolsa Família from the spending cap rule, with investors trying to understand how this measure would affect the processing of the transitional PEC in the Chamber of Deputies. Oh this PEC!!!!

Since he is an exchange investor, any reading that the budget will be exceeded or become more flexible will negatively affect the exchange market, whether through the PEC or in any other way. We will continue with volatility today.

Looking beyond, the US Central Bank (Fed), although slowing down the pace of monetary tightening at its December meeting, issued a tougher-than-expected statement warning that its fight against inflation was not yet over, raising fears that rising US interest rates will push the world’s largest economy into recession.

The currency market continues to react to political news. The voting on the PEC is saved for today. It is expected that it will indeed be reviewed to open the way tomorrow for discussions on the 2023 budget.

Yesterday, the spot price closed the selling day at R$5.3103.

For today on the calendar we will have an index of consumer confidence in the eurozone. Good luck and good luck in business!!

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Andrés Sánchez consults with the Ministry of Sports, but refuses a political post.



The former president of the Corinthians dreams of working for the CBF as a national team coordinator. He was consulted shortly after Lula’s election.

Former Corinthians president Andrés Sánchez was advised to take a position in the Ministry of Sports under the administration of Lula (PT). However, he ruled out a return to politics. dreams of taking over the coordination of CBF selectionHow do you know PURPOSE.

No formal invitation was made to the former Corinthian representative, only a consultation on a portfolio opportunity with the new federal government, which will be sworn in on January 1, 2023.

Andrés was the Federal MP for São Paulo from 2015 to 2019. At that time he was elected by the Workers’ Party. However, the football manager begs to stay in the sport, ruling out the possibility of getting involved in politics again.

Andrés Sanchez’s desire is to fill the position of CBF tackle coordinator, which should become vacant after the 2022 World Cup. Juninho Paulista fulfills this function in Brazil’s top football institution.

The former president of Corinthians was in Qatar to follow the World Cup along with other figures in Brazilian football. During his time in the country, he strengthened his ties with the top leadership of the CBF.

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The EU has reached a political agreement on limiting gas prices – 19.12.2022



Germany sentenced Russian to life imprisonment for political murder by order of Moscow - 12/15/2021
BRUSSELS, DECEMBER 19 (ANSA). European Union countries reached a political agreement on Monday (19) to impose a natural gas price ceiling of 180 euros per megawatt hour (MWh). The main sources of income for Russia and the minimization of the use of energy as a weapon by the regime of Vladimir Putin.

The agreement was approved by a supermajority at a ministerial meeting of member states in Brussels, Belgium, after months of discussions about the best way to contain the rise in natural gas prices in the bloc caused by Russia’s invasion of Ukraine. .

The value set by the countries is well below the proposal made by the European Commission, the EU’s executive body, in November: 275 EUR/MWh. However, the countries leading the cap campaign were in favor of an even lower limit, around 100 EUR/MWh.

Germany, always wary of price controls, voted in favor of 180 euros, while Austria and the Netherlands, also skeptical of the cap, abstained. Hungary, the most pro-Russian country in the EU, voted against.

The instrument will enter into force on 15 February, but only if natural gas prices on the Amsterdam Stock Exchange exceed 180 euros/MWh for three consecutive days. In addition, the difference compared to a number of global benchmarks should be more than 35 euros.

Italy, the EU’s biggest supporter of the ceiling, has claimed responsibility for the measure. “This is a victory for Italy, which believed and worked for us to reach this agreement,” Environment and Energy Minister Gilberto Picetto tweeted.

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“This is a victory for Italian and European citizens who demand energy security,” he added.

Currently, the gas price in Amsterdam is around 110 EUR/MWh, which is already a reflection of the agreement in Brussels – in August the figure even broke the barrier of 340 EUR/MWh.

However, Russia has already threatened to stop exports to countries that adhere to the ceiling. (ANSA).

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