Pound Surges as Johnson on Brink of a Brexit Deal

Brink of a Deal

The Guardian reports Boris Johnson ‘on brink of Brexit deal’ after border concessions

A draft text of the agreement could now be published on Wednesday if Downing Street gives the final green-light, according to senior EU and British sources. It is understood that the negotiating teams have agreed in principle that there will be a customs border down the Irish Sea. The arrangement was rejected by Theresa May as a deal that no British prime minister could accept.

Johnson will still have to win over parliament – including the Democratic Unionist party (DUP) and the hardline Tory Brexiters, the European Research Group – on the basis that, under the deal, Northern Ireland will still legally be within the UK’s customs territory.

“Northern Ireland would de jure be in the UK’s customs territory but de facto in the European Union’s,” one diplomatic source said of the tentative agreement.

In a phone call with Johnson on Tuesday, the French president, Emmanuel Macron, acknowledged the momentum towards reaching a deal, but raised the possible need for a “technical” Brexit extension beyond 31 October to allow talks to bear fruit.

DUP Not on Board

This is a good political move on the part of DUP. Perhaps the EU will lighten up on some points.

But if push comes to shove, Johnson will dump DUP if he has the votes.

Saturday Meeting

Parliament will meet on Saturday, October 19, if there is a deal.

The Benn Bill requires Johnson to seek an extension or present a deal by that date. The goal is to have a draft by tomorrow.

ERG On Board

ERG is the group of hard-line Brexiteers led by Steve Baker

Blasts Pour In

That is complete nonsense. There is an enormous difference between all of UK being permanently trapped in a customs union and Northern Ireland being trapped. And the latter isn’t necessarily true. Stormont (Northern Ireland) will have a say, but both sides must agree.

SNP Blasts the Deal

Scottish National Party leader Nicola Sturgeon Blasted the Deal.

We oppose the politics of Johnson and Trump. But let us be clear today that we reject their methods too. Crude populism tramples on the rights of minorities and tears at the very fabric of our democracy.

We won’t take it anymore. We shouldn’t take it anymore. It is time to take charge of our own future. It is time for independence.

​Brexit is a disaster. What makes Brexit so much worse for Scotland is that it is happening against our will.

Wales will have voted to leave. England will have voted to leave. Northern Ireland will be given a say over its future. Scotland will be the only country in the UK to be taken out of the EU against our will and with no say over our future relationship with Europe.

My call is that the referendum [on Scottish Independence] must happen next year.

Scottish Independence Polls

Hard Border Between Britain and Scotland

Sturgeon not only wants to break away from the UK, she also wants to Join the EU.

Effectively, she is campaigning for a hard border between Great Britain and Scotland.

It’s nonsensical given what just took place with Ireland. And this time there is no Irish Sea solution.

But heck, I am all in favor of a vote. I believe in self-determination.

I rather doubt Scotland would vote for a hard border, but let em have a referendum, if only to shut Sturgeon up.

Mike “Mish” Shedlock

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krage
krage
6 years ago

The deal is not coming… This is just a game by EU to press for another extention as if they are getting closer but not enough time… If EU really wanted to reach compromise purely on merits, all this could have been done already…
They just want to put Boris into a difficult position when they say only small things unresolved and Boris exits on 31 Oct…
All depends now on Boris’s decision, he can fold under pressure – rememebr he voted for May’s deal third time – or he can stand his ground…

Deep Purple
Deep Purple
6 years ago

The concessions of Johnson to the EU might be understandable if Corbyn has lost the effective leadership of Labour to Remainers. An EU deal is needed if they are the main opponent. They can go for a referendum extension amendment but that seems to be a long shot.

My main scenario of a Corbyn extension could stand only if leaders are not defeated inside their parties. Difficult to tell if it is true at this point. I suspect that Corbyn still holds power but just barely.

dansilverman
dansilverman
6 years ago

The dumbest people in UK politics are the Scottish Nationalists.

caradoc-again
caradoc-again
6 years ago
Reply to  dansilverman

Tend to agree but what do I know.

Deep Purple
Deep Purple
6 years ago

The NI-only backstop was the very first EU proposal in this whole charade. It is quite hard do dedicate it to the genius of Johnson. 🙂 If this is agreed, then he conceded on practically everything. And the parliamentary vote depends on Labour.

By the way, if the union with Northern Ireland can be thrown away, why should anyone worry about Scotland?

BaronAsh
BaronAsh
6 years ago
Reply to  Deep Purple

Rees-Mogg insists that many of the problematic aspects of the first deal are being dealt with, but we’ll know in a day or two whether or not that’s the case.
I do get the feeling that the other side has been blinking more than we can tell, especially Germany which is openly admitting that a no-deal exit will hurt them in the pocket book, and also that UK’s leaving is going to have a big effect because…. drumroll… UK will become a dynamic competitor.

In other words, they are dropping the dripping-with-scorn-for-poor-little-moribund-Britain approach and now finally approaching negotiations with the understanding that a) the UK is going so b) they might as well try to do as well as they can with that fact.

Personally I think that if the deal ends up too BRINO, it will nevertheless create the public perception of Brexit having happened after which it will be much harder for the EU to keep trapping us in bad arrangements. If they are too bad, we just unilaterally leave them behind.

(Can’t wait to close down the rape of the fishing zones and let our own fisherman be prosperous and busy again!)

Mish
Mish
6 years ago
Reply to  Deep Purple

Good Comments by @BaronAsh

Cannot be sure until we see final deal, but DUP doing a service by threatening to not go along.
Very decent chance of a reasonably fair deal.
I trust Rees-Mogg. If they are reasonaly happy then it’s likely a fair deal. Those saying it is May’s deal are wrong.

BaronAsh
BaronAsh
6 years ago
Reply to  Mish

Thanks, Mish.

There’s another twist too – a possible Cummings-type 4D chess speculation:

Let’s say they get a deal this week, something credible enough for both the Spartans and a few Rebels to say yes to. But then the Opposition Coalition block its passage by ensuring not a single Labourlite or Lib-Dumbo or Scottish Bloviator votes for it. What then?

Then there might be a period of skirmishing in the Courts about the Surrender Act, meanwhile maybe also further negotiations with EU, but come what may, either Boris finagles an election guarantee – probably with an extension – so as to finally get rid of this Horrible Hung Parliament which has proven to be the major obstacle in the whole dynamic – or Oct 31st comes and goes and Brexit is done. I believe this is sort of what you were predicting the post before last.

So either they take the deal – and ‘they’ includes both the EU and the Remoaners – or Oct 31st happens. And in both cases there will be enough of a Brexit resolution to finally take the ‘do-we-or-don’t-we-leave’ dynamic out of any future negotiations and out of Parliament.

Deep Purple
Deep Purple
6 years ago
Reply to  Deep Purple

Of course, we have not seen the actual text. Moreover, it is not even agreed. This is all hypothetical talk.

Anyway, I am talking about leaked details of the negotiations while both of you are talking about emotions (hunches and personal trust). Don’t get me wrong, emotions are very important in politics but the expression of your emotions is not an argument.

As for the 4D chess, a “no deal” scenario leads directly to a vote of no confidence and the question about the interim PM. It must be hard to forget it every time.

Mish
Mish
6 years ago

Yes, first referendum failed

caradoc-again
caradoc-again
6 years ago
Reply to  Mish

Mish, worth running the maths on Scotlands share of national debt and the metrics if they go independent. Not pretty.

Also the question on currency as BoE highly unlikely to want to go the euro route and have different fiscal authorities but one currency.

Whatever happens it will be messy, again.

Carl_R
Carl_R
6 years ago
Reply to  caradoc-again

I suppose they would have to negotiate a Scexit deal. Everyone knows you can’t leave with no deal, right?

caradoc-again
caradoc-again
6 years ago
Reply to  Carl_R

Talking to people they parent give a vote to the English, Cornish and Welsh.

Latkes
Latkes
6 years ago

The great irony – they will gain “independence” by switching from their master in London to the master in Brussels… and no matter which master rules over them, the native Scots will be replaced by third worlders with no relationship to the land and it’s history within a few decades. Scottish National Party is happy with assisting the Great Replacement.

caradoc-again
caradoc-again
6 years ago
Reply to  Latkes

Interesting as the SNP were linked with fascist tendencies. Google the history.

Anda
Anda
6 years ago
Reply to  caradoc-again

Fascism is quite a broad term, national socialism with a dictatorial edge is maybe closer. Nothing to say we are not having previous or existing nationalist extremes, including those by national socialists, used to play on conscience to justify migration and the accompanying socialist vote. It would be a means to an end minus the ethnic connotation of nationality, where nationality would simply be the attributed registration of a person under that authority. Look at Catalan history also, they had youth movements styled on Germany of the day, or even the US had a similar movement before Germany, including the salute. Makes you wonder what world we are in really.

caradoc-again
caradoc-again
6 years ago
Reply to  Anda

The Times no less.

Latkes
Latkes
6 years ago
Reply to  caradoc-again

Who cares what they once were. Now they are happily on board with the globalist agenda with a feminist harpy as their leader.

Anda
Anda
6 years ago
Reply to  caradoc-again

The one thing the further left, socialists and national socialists seem to agree on is their hatred of past British style imperialism in whatever shape or form. Seem to have been doing quite a good job for UK as a whole

What’s that, half a million Brits left UK and two million non EU arrived ? Avid would be proud.

@Latkes – it matters because the traits of approach carry through, they are visible even if merged into globalist agenda.

@ Webej, migration vs nationality rights by naturalisation is the big difference that is upsetting the balance. Until that is changed nothing will change regarding migration , and I seriously doubt they will change those laws, they are self reinforcing.

Webej
Webej
6 years ago
Reply to  Anda

Still do. The first such movement was the scouts, used by Baden Powell against the boers in South Africa during the boer war.

Carl_R
Carl_R
6 years ago
Reply to  caradoc-again

A lot of people confuse Fascism with Nationalism, or Nazism. Fascism, in it’s broad form, is simply the belief that it is appropriate to use violence to prevent free speech with which you disagree. Nazis were fascists, and some Nationalists are as well, but not all of them. Fascism can occur in any party, however.

caradoc-again
caradoc-again
6 years ago
Reply to  Carl_R

Sounds like the modern left in general. Violence can take many forms.

Runner Dan
Runner Dan
6 years ago
Reply to  Latkes

“Diversity is our strength!”

The mantra of the leaders implementing serf replacement in the west.

Webej
Webej
6 years ago
Reply to  Latkes

“Switching from their master in London to the master in Brussels”.

That is the irony of the whole Brexit as well. The idea that the average Brit is going to feel more sovereign with one set of rules or another is dubious. Britain was overrun by commonwealth migrants independantly of any Brussels policies.

And judging by the antics of the British Parliament these last 2 years, I seriously wonder if the rules will make any more sense.

FloydVanPeter
FloydVanPeter
6 years ago

Scotland had a referendum a few years ago. Isn’t it?

Carl_R
Carl_R
6 years ago
Reply to  FloydVanPeter

Yes, but at the time, Britain was in the EU, so it is possible that results might be different in a new referendum.

Mish
Mish
6 years ago
Reply to  FloydVanPeter

Conditions now changed. This is a valid reason in an of itself to give Scotland another referendum.

I favor the breakup of empires. If California wanted a referendum I would give them one.

rjornd
rjornd
6 years ago
Reply to  FloydVanPeter

@Mish I’m still waiting for California to break off from the rest of the continent. Then, it would be easier for us to call it its own country… like they try to be already.

Mish
Mish
6 years ago
Reply to  rjornd

My only problem is the Mexican border
CA , the nation, would let them all in.
We would need to maintain a small slice of Southern CA

Carl_R
Carl_R
6 years ago
Reply to  Mish

We would just need a hard border with California, and a wall, of course.

Carl_R
Carl_R
6 years ago
Reply to  Carl_R

And, obviously, California would have to pay for it. 😉

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