BC BREXIT
Saved by @Alex1Powell

BREAKING: The EU’s chief negotiator has told MEPs that negotiations on a post-Brexit deal could continue until Wednesday but no further.

 2/ According to sources present, Michel Barnier also warned the UK that a deal would not be approved by member states if it pressed ahead with passing the Internal Market and the Finance Bills into law.
3/ He told the European Parliament’s Brexit coordination committee this morning that US President Elect Joe Biden was also “sensitive” to any impact of UK law on the Good Friday Agreement.
4/ Mr Barnier told MEPs the talks were in the “endgame” and that there would have to be a decision on whether or not there was to be an agreement by Thursday.
5/ He said if there was no deal then the European Commission would be ready “to react immediately” with contingency plans, according to sources present.
6/ Mr Barnier described the UK Internal Market and Finance Bills, which would breach the Northern Ireland Protocol, as a “a real topic of concern” and a matter of trust.
7/ He suggested that the UK’s reputation would suffer internationally if it violated an international agreement that it had signed.
8/ The EU would not be subject to threats or pressure as a result of the bills and the UK was mistaken if it thought the EU would move on its position within the negotiations as a result of the threats, he said.
9/ Mr Barnier said he believed the UK was waiting to see the outcome of any free trade agreement before deciding on the fate of both bills. He said that the EU UK Joint Committee was going to find “concrete, technical solutions” to the issues of concern around the NI Protocol
10/ Any solutions, he told MEPs, would have to respect the Withdrawal Agreement.

More from Tony Connelly

Tony Connelly
Tony Connelly
@tconnellyRTE
Irish foreign min Simon Coveney says he is "more optimistic" about progress in the EU UK Joint Committee over implementing the Northern Ireland Protocol.

2/ Last night @rtenews reported that if a free trade deal were to be concluded, a sequence would be put in place at the end of which the UK would drop the clauses in the Internal Market Bill which breach the Protocol.

3/ This morning, the EU’s representative on the Joint Committee, which implements the Protocol, said he would be meeting his counterpart Michael Gove in Brussels today.


4/ Mr Coveney said: “There is more cause to be optimistic and positive in the context of the Joint Committee and its work in terms of implementing the Withdrawal Agreement and the Protocol on Ireland and Northern Ireland.

5/ “Maros Sefcovic and Michael Gove have made really practical progress on many of the outstanding issues that were not resolved up until a few weeks ago.
POLITICS
Tony Connelly
Tony Connelly
@tconnellyRTE
How significant were @vonderleyen's remarks to the European Parliament this morning?

One senior EU diplomat says takes note in particular of her opening words. "Frankly, I cannot tell you today if in the end there will be a deal."

2/ That this sentiment is being expressed by the European Commission President on Nov 25 with just over a month to Jan 1, is significant. In Brussels there are only two questions: will there be enough time to ratify any deal? Is @BorisJohnson prepared to take a big political step

3/ Yes, it takes two to tango, etc. But it's clear from Von der Leyen's comments that the EU is going to stand firm on the level playing field issue.

4/ “We are ready to be creative but we are not ready to put into question the integrity of the single market, the main safeguard of European prosperity and wealth" she told the EP.

5/ She repeated the demand for "robust mechanisms" to ensure competition is free and fair over time - ie, going back to the language of the Political Declaration. Also, the need "maintain common high standards now and in the future”. That's the "ratchet" or "evolution" clause
EU
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Tony Connelly
Tony Connelly
@tconnellyRTE
Where are we at as of 1450 CET?

Talks continuing, could go on for a while longer. One informed source is suggesting that because the fish deal was agreed at the high political level (btn @vonderleyen and @BorisJohnson) it was left to officials to translate it into real numbers

2/ Some reflections from an EU diplomat briefed on the rest of the deal, which appears to be in place:

3/ "There is nothing particularly surprising. It is consistent with what we've been hearing all along. The UK red lines are respected. Our concerns are also respected. Of course we have to see the fine print, but in general there is a robust level playing field."

4/ The LPF mechanism is said to be a "complicated structure" which works both ways.

5/ "It doesn't mean that because you have these structures you necessarily have to use them. The mood at the moment is, do you want to diverge [from EU standards] for the sake of diverging? In reality, most likely, pragmatism will prevail."
POLITICS
Tony Connelly
Tony Connelly
@tconnellyRTE
The DUP's Ian Paisley MP tells the NI Affaris Committee that the NI Protocol shd be "removed" and that Article 16 of the Protocol should be invoked. Describes it as an "unmitigated disaster... Those who advocated for the Protocol have some responsibility for that.

"The protocol is now an impediment to trade. We told you so."

Article 16 of the NI Protocol: "If the application of this Protocol leads to serious economic, societal or environmental difficulties that are liable to persist, or to diversion of trade, the EU or the UK may unilaterally take appropriate safeguard measures.

"Such safeguard measures shall be restricted with regard to their scope and duration to what is strictly necessary in order to remedy the situation. Priority shall be given to such measures as will least disturb the
functioning of this Protocol."

Mr Paisley then berates @Freight_NI for not demanding that Article 16 be invoked. Mr Leheny asks him what the alternative is. Mr Paisley says removing the Protocol is the alternative.
GOVERNMENT
Tony Connelly
Tony Connelly
@tconnellyRTE
Here are some observations from the EU side on the touring issue facing musicians

2/ The European Commission offered the UK a standard mobility clause in its draft legal text back in March last year that would cover musicians, sportspersons etc... It's on page 354 of the EU's opening text ahead of the negotiations

3/ Under a standard mobility clause, acc to one official, EU member states can ask for visas for certain people coming to carry out paid activity. However, there's a list of exemptions for people who don't need visas:

4/ This list includes those "travelling for the purpose of business deliberations..., sportspersons or artists [including musicians] performing an activity on an ad-hoc basis, journalists sent by the media of their country of residence, and intra-corporate trainees."

5/ In other words, under a standard mobility provision, musicians, journalists, sports people and business people who travel to discuss contracts etc do not need visas. Officials say this is the standard EU arrangement for third countries, eg the US.
GOVERNMENT

More from Brexit

katya adler
katya adler
@BBCkatyaadler
EU views PMs letter accompanying his formal #Brexit extension request - saying that he doesn’t actually want an extension- as a gimmick aimed at a domestic audience. As far as EU law is concerned: a formal request from the UK prime minister, is a formal request full stop /1

EU leaders not rushing to make decisions. Instead they watch events in Westminster carefully. If their newly negotiated #Brexit deal is approved by the majority of MPs - as the PM promised them it would be - then possibly no extension will be needed OR /2

Only a short one maybe to allow for necessary legislation to be completed. If this is the case, EU leaders won’t think twice about granting this short extension. They may even approve it by writing rather than on person at an emergency #Brexit summit. Spoiler alert../3

EU leaders - who surprise, surprise already have a thing or two planned in their diaries over next couple of weeks - have zero appetite to return to Brussels again especially for #Brexit They have no desire to be involved in the drama playing out right now in the UK BUT /4

If MPs reject the deal, if there are plans for a general election or a referendum on the deal then a longer extension will be necessary. Here it is harder for EU leaders to come to immediate consensus so an emergency summit becomes likely /5
BREXIT
Alliance of British Entrepreneurs
Alliance of British En...
@AllianceBE
🇬🇧 Happy Independence Day patriots 🇬🇧

Its Day 1 outside the #EU so we wanted to remind you of all the things Remainers told you would happen on #Brexit day.

Never in the history of political movements has one side fibbed so spectacularly and (at times) hilariously.

[THREAD]

[1] How are you all feeling today...down there?🍆

Well please be careful because now we've left the EU we are all due waves of super gonorrehoea.

Wrapping yourself in the #EU flag and putting #FBPE in your bio is the only known

[2] Are you hungry? Well get used to it.

We were fed (excuse the pun) stories as late as November 2020 that #Brexit would lead to 60% reduction in haulage meaning 'months' of food shortages.

[3] Forget those foreign holidays unless you fancy swimming the Channel.

As late as October 2020 we were told that all flights would be grounded.

Both sides quietly agreed to contingencies in December. Quelle

[4] In March 2020 as COVID hit Europe, we were told the only way to obtain ventilators was by joining the #EU scheme. We refused and Remainers screeched that the Government was putting Brexit over breathing.

The EU scheme obtained...zero...ventilators.
BREXIT
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Ian Dunt
Ian Dunt
@IanDunt
Commons debate of the Brexit deal kicks off in a bit and lasts until 2:30pm, when it goes off to the Lords. You can follow here.

I'm going to tweet along to the Commons bit because fuck it, what else is there to do. Just to eat and drink and be merry and relaxed, and why would anyone want to do something like that.

In the mean time, I strongly recommend this blog by @Brigid_Fowler of the Hansard Society

"Parliament’s role around the end of the Brexit transition and conclusion of the EU future relationship treaty is a constitutional failure to properly scrutinise the executive and the law."

The great irony at the heart of it all. This entire process was done to give parliament control. In reality, it is spending much less time scrutinising constitutional changes than when we were in the EU.
BREXIT
David Henig
David Henig
@DavidHenigUK
Small business in particular struggling with new Brexit red tape. Entirely predictable, and a function of a world trade system distorted against smaller traders. Stay with me a short while as Brexit threadmeister and story author @pmdfoster may say... 1/

The nub of the issue is the extra costs for most exports, whether this is paperwork or meeting different regulatory requirements. A fixed cost per exported load inevitably adds a higher percentage cost to small than larger business... and they may lack expertise. 2/


You'll note that in the EU, with virtually no paperwork or differing regulations, the costs of exports are similar for smaller and large companies - though even there there is a big company bias, because who can afford to lobby for friendly regulations? 3/

The same unfortunately typically applies to trade deals. If you are Nissan and threaten to leave the country without the right deal you have more clout than a small cheesemaker. As we see. But is it just the EU that is over-bureaucratic? Sadly not... 4/


One of the best UK business groups on trade policy @BritAmBusiness (and yes you can quote me @EmanueAdam) has a new report out on a UK-US trade deal and SMEs. It shows opportunities. But unfortunately problems unlikely to be solved. 5/
BREXIT
Objective Columnist
Objective Columnist
@Sime0nStylites
A quote from this excellent piece, neatly summarising a core impact of Brexit.

The Commission’s view, according to several sources, is that Brexit means existing distribution networks and supply chains are now defunct and will have to be replaced by other systems.


Of course, this was never written on the side of a bus. And never acknowledged by government. Everything was meant to be broadly fine apart from the inevitable teething problems.

It was, however, visible from space to balanced observers. You did not have to be a trade specialist to understand that replacing the Single Market with a third country trade arrangement meant the end of many if not all of the complex arrangements optimised for the former.

In the absence of substantive mitigations, the Brexit winners are those who subscribe to some woolly notion of ‘sovereignty’ and those who did not like freedom of movement. The losers are everyone else.

But, of course, that’s not good enough. For understandable reasons Brexit was sold as a benefit not a cost. The trading benefits of freedom would far outweigh the costs. Divergence would benefit all.
BREXIT

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Guillaume Chaslot
Guillaume Chaslot
@gchaslot
The YouTube algorithm that I helped build in 2011 still recommends the flat earth theory by the *hundreds of millions*. This investigation by @RawStory shows some of the real-life consequences of this badly designed AI.


This spring at SxSW, @SusanWojcicki promised "Wikipedia snippets" on debated videos. But they didn't put them on flat earth videos, and instead @YouTube is promoting merchandising such as "NASA lies - Never Trust a Snake". 2/


A few example of flat earth videos that were promoted by YouTube #today:
https://t.co/TumQiX2tlj 3/

https://t.co/uAORIJ5BYX 4/

https://t.co/yOGZ0pLfHG 5/
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Jig's Patel
Jig's Patel
@jigspatel1988
How to trade on Expiry day with Nifty straddle?
(System trading on Expiry)

Triple straddle is one of the best and accurate methods for expiry day

If nifty trading at 15720 then will sell three straddles above 50 points from ATM, below 50 points and ATM.

Ex.
Sell straddle 15700(ATM), 15650(ATM-50), 15750 (ATM+50)

Stoploss of 80% on every leg and run your trade till 3 PM

Once SL hit in any Leg just keep holding other leg till expiry with SL (Never or less chance to hit both SL on expiry day)

Trading timing at 9:20 the Morning
ALL , STRADDLE BACKTEST , STRADDLE
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Anu Satheesh \U0001f1ee\U0001f1f3
Anu Satheesh 🇮🇳...
@AnuSatheesh5
Neyyattinkara Krishna Kshetram
#Thiruvananthapuram
#KeralaTemples 🚩

Neyyattinkara Krishna Kshetram is considered as the Guruvayur of Trivandrum. Thrikkayyil Venna (butter) is main offering to Neyyattinkara Unnikannan. Kshetram is supposed to be built by Marthanda Varma.


Sthala Puranam says that, Anizham Thirunal Marthanda Varma was surrounded by his enemies, Ettuveettil Pillamar, while he was near the place where Temple is situated now. The king prayed to Padmanabhaswamy to protect him.  At that time, a small boy was seen there and he


advised the king to hide himself inside the hollow trunk of a jack fruit tree. The king was surprised to find a small boy in the forest, but agreed to the advice
Thus he was saved from the attack. When the enemies left, king tried to know about the boy, but he couldn't.


He believed that it was krishna himself who saved his life. A temple was built here, which is the present Neyyattinkara Krishna Kshetram. The jack fruit tree where  the king hid himself is now known as Ammachi Plavu. Ashtami Rohini, Vishu are very famous here

Hare Krishna
🙏🕉🙏
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Shalini Singh Sengar
Shalini Singh Sengar
@Maverickmusafir
(An extract from Field Marshal Sam Manekshaw, Soldiering with Dignity)

The man eventually destined to be free India's first Field Marshal was born on 3rd April 1914 at Amritsar. How did a Parsi couple settle for the holy city of the Sikhs? I once asked him and was told that in+


1899, his father recently qualified as a doctor and just married, could make no professional headway in Bombay, and was advised to try his luck at Lahore in the Punjab. With his young wife, he set off by train for Lahore. The long dusty and hot journey took five days and by the+


end of it, his young wife, who had never left the comforts and civilization of Bombay, was in hysterics and cried to go back. Poor Dr Manekshaw did all he could to comfort her, but as the train steamed into Amritsar, with her first sight of the Sikhs the young bride screamed her+

lungs out and refused to go any further. So they left the train at Amritsar, and there they stayed for forty-five years.

The Manekshaws had six children, four boys and two girls, and Sam was the fifth child. Sam had his schooling at Nainital's Sherwood College.+

After completing his schooling, he should have gone to England to pursue higher studies; this was the promise made to him by his father but, fortunately for the Indian Army, Dr Manekshaw felt that this particular son was far too young to be on his own in a foreign country, even+
HISTORY
JayneshKasliwal
JayneshKasliwal
@JayneshKasliwal
ULTIMATE GUIDE TO 21 and 200 Moving Average
SUNDAY THREAD 🔖
A trend Following System That will Help You Improve Trading immensely.

RETWEET AND SHARE 🔄
@kuttrapali26 @AmitabhJha3
#stocks #StockMarket
1/n

Moving averages
EMA and SMA
1. Exponential Moving Average (EMA) is similar to Simple Moving Average (SMA), measuring trend direction over a period of time.
2. However, whereas SMA simply calculates an average of price data, EMA applies more weight to data that is more current
2/


21 EMA : SHORT TERM TREND
1. Calculates the Average Price of past 21 days
2. A stock above 21 ema is in strong momentum , which will give pullbacks to 21 ema again and again.
3. Stock above 21 ema should never be shorted so as to stay with the trend
3/n

3. A stock which moves 10-15% above 21 ema will be too extended and hence will generally pullback
Stocks take dynamic support on 21 ema
4. You can Short only if its too extended like 15 to 20% from 21 ema ( Not advised )
#ADANIPOWER:
#pnbhousing
4/n


1. Whenever 21 ema is sloping upwards its called uptrend
2. Whenever 21 ema is sloping downwards its called dowtrend
3. Whenever 21 ema is sideways its called consolidation
⏫Buy in uptrend
⏬Sell in downtrend
Examples:
5/n
MOVINGAVERAGES , MOVING AVERAGE 20021 , ALL