BC BREXIT
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It's OUT! My latest #Brexit Briefing for @FinancialTimes - examining @BorisJohnson
"buy now, pay later" Northern Ireland Protocol, why the EU-UK trust deficit is killing it, how that can be restored - because it needs to work. /1

 @FinancialTimes @BorisJohnson The danger here is that lingering animus over the opportunistic nature Johnson's Faustian bargain - dividing his Kingdom in order to 'get #Brexit done' and win an 80-seat majority - is clouding judgement on both sides of the Channel /2
@FinancialTimes @BorisJohnson The facts of the Protocol are no less true for Johnson's constant denial of them - that there would be checks, that there really is a trade border that now prevents plants and pets from travelling freely from Bedford to Ballymena as M.Gove reminds us. But these are other facts/3
@FinancialTimes @BorisJohnson Firstly, NI remains part of UK, even if it is now has EU customs rules.

Secondly, NI remains politically divided and fragile; the Good Friday Agreement is a constant work in progress.

Thirdly, both the EU and the UK agreed to this unsatisfactory arrangement jointly. /4
@FinancialTimes @BorisJohnson Fourthly, therefore, they have a joint responsibility to make it work because

Fifthly - and most importantly — there is no alternative to it. /5
@FinancialTimes @BorisJohnson The last three years established that a technological north-south border isn't happening - technologically OR politically.

And the UK will not agree to the strictures of “no regulatory divergence” that underpinned May's decision to say in the EU single market for goods./6
@FinancialTimes @BorisJohnson Which leaves everyone - London, Brussels, Dublin and Belfast - stuck with this unsatisfactory arrangement that needs to be made to work in as unobtrusive and politically sensitive way as possible - everyone's grievances to one side, which is stupidly easy to say, I know /7
@FinancialTimes @BorisJohnson But it does need to *work* - that means the border needs to function properly as @MarosSefcovic has said - or you start to create the conditions for the very same north-south border that we're all trying to avoid here. /8
@FinancialTimes @BorisJohnson @MarosSefcovic The UK does recognise this need for functionality - even if its behaviour last year by unilaterally threatening to break the terms of the deal - has raised doubts on the EU side about London's real commitment to the deal. /9
@FinancialTimes @BorisJohnson @MarosSefcovic But at the same time, if the EU keeps on treating the GB-NI border like the Dover-Calais border and as a 'test' of UK probity and trustworthiness, there is a risk of a downward spiral that, in the absence of alternatives, leads nowhere good /10
It was interesting listening to NI logistics operators this week talking to @CommonsNIAC about how processes could be simplified and streamlined whilst still giving the EU the data/certainty they need /11

https://t.co/Eurz92g0EG
@CommonsNIAC This is v technical stuff, but it is surely worth exploring more deeply - in the light of the 'unique circumstances' of Northern Ireland how both sides can - to coin a bitter phrase - have their cake and eat it here /12
@CommonsNIAC In his letter @MarosSefcovic says that functionality is a "prerequisite" for further easements and facilitations - but it is important that the EU really means that, and can approach this in a outcomes-based, not legalistic way. /13
@CommonsNIAC @MarosSefcovic The problem - as we all know - is that this deeply unsatisfactory deal really requires trust and good relations on both sides. And the reality is that that is sadly lacking - @michaelgove dinging Brussels for its "integrationist theology" (and EU return fire) all symptomatic /14
@CommonsNIAC @MarosSefcovic @michaelgove On the upside, it seems that @MarosSefcovic and @michaelgove did manage to lower the temperature last night over their London Deliveroo dinner party and seek "workable solutions" /15

https://t.co/5vRgzIqKjP
@CommonsNIAC @MarosSefcovic @michaelgove UK officials are pretty guarded in their optimism - this is far from sorted - BUT the willingness of the EU side to engage/listen with NI business is taken as a positive, both in Whitehall but also in NI as @MichaelAodhan tells me in that news report. /16
@CommonsNIAC @MarosSefcovic @michaelgove @MichaelAodhan The danger, talking to folk in Brussels, is that France, Germany are failing to separate out the Protocol form the rest of the deal - and are determined to keep both London (and Dublin) "honest" here, and in the process are deepening a mess they don't really understand/17
@CommonsNIAC @MarosSefcovic @michaelgove @MichaelAodhan Of course, they might "understand" better if @michaelgove @DavidGHFrost @BorisJohnson all did more to settle the relationship that, on many fronts, looks testy - and likelier to get testier as more and more realities of the Canada-style trading start to land /18
@CommonsNIAC @MarosSefcovic @michaelgove @MichaelAodhan @DavidGHFrost @BorisJohnson There needs to be a really collective effort not to make Northern Ireland the casualty of this post-divorce feuding. If the border can bed in, then there are even some upsides - ask the NI shellfish operators, they can send to Europe, no depuration required ;) /19
@CommonsNIAC @MarosSefcovic @michaelgove @MichaelAodhan @DavidGHFrost @BorisJohnson Anyway. On the upside, this week has ended in a better place than it began, and that - in #Brexit world - is surely progress. Fingers crossed it continues.

Good weekend all. ENDS
@CommonsNIAC @MarosSefcovic @michaelgove @MichaelAodhan @DavidGHFrost @BorisJohnson PS...if you got this far, here is the #Brexit Briefing in question

https://t.co/Y8dBxZOcsi

More from Peter Foster

Peter Foster
Peter Foster
@pmdfoster
Good to see @Marthakearney on @BBCr4today taking @pritipatel to task over the numbers of lorries in Dover - now 1,500 in Stack (M20) and Manston airfield combined - rather more than 170 that @BorisJohnson said yesterday, baffling haulage groups /1

@BBCr4today @pritipatel @BorisJohnson She won't say whether lorry drivers will have to take a PCR test (long-winded, requires RNA extraction etc. 24-48hrs) rather than much faster (and less sensitive) lateral flow test. Short Strait will struggle to operates with PCR tests. You'd need one yesterday for tomorrow! /2

@BBCr4today @pritipatel @BorisJohnson Because of the delays that have empty lorries already stuck in the queues, in an earlier interview British Retail Consortium @the_brc Andrew Opie said fresh food shortages would occur within days because lorries couldn't get back to Spain etc to reload /3

@BBCr4today @pritipatel @BorisJohnson @the_brc Haulage experts like @RHADuncanB are always at pains to explain that the lorries at Dover (and GB-IE, for that matter) are flowing in a continuous cycle. More than 85% are from EU countries. So if you block one side, or artery the whole system starts to grind to a halt/4

@BBCr4today @pritipatel @BorisJohnson @the_brc @RHADuncanB This episode has been a bit of a teaching moment, exposing the canard that the UK can unilaterally "take back control of its borders". It can't. Borders are membranes. Traffic flows in both directions. Actions by one side impact the other - as French move has demonstrated. /5
POLITICS
Peter Foster
Peter Foster
@pmdfoster
So. The hunt is on in Whitehall for #brexit dividends...to show some clear value in the freedoms given by Brexit.

As we report today one area being looked at is workers' rights...but it is politically difficult territory.

No cabinet decisions have been taken, but per sources, three potential areas been identified in Business Dept...

- the 48 Hour Week
- holiday pay/overtime calculations
- new EU rules on reporting hours worked...

All potentially possible post #brexit /2

The government says it has no intention of “lowering” workers’ rights....and notes that UK has actually gold-plated many EU regulations...BUT (think of government saying it won't "lower" animal welfare standards)...the devil will all be in the detail, if and when it comes /3

So the government likes to talk about ensuring workers’ rights are protected but ALSO making sure businesses has freedoms and flexibility to grow...so one man's reduction in rights is another freedom to get richer/work harder/be more prosperous. It depends how you sell it. /4

So take this 2017 story from The Sun on the cash bonanza that will be rained down on hardworking families by Brexiteers' (long standing) desire to scrap the 48-hour week. Overtime booooom..../5

https://t.co/QLqQ7rCzkv
BREXIT
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Peter Foster
Peter Foster
@pmdfoster
🚨🇬🇧🇪🇺💄👠👗💅🏻🕺💃🇪🇺🇬🇧🚨
UK’s £35bn fashion industry warns of “decimation” from #brexit - big names sign open letter to @BorisJohnson urging action. Many of 50,000 SMEs on the rack due to VAT, customs and work permit issues. Stay with me/1


You can read the full text of the letter here, co-ordinated by Fashion Round Table @FashionRoundTab, but tl;dr it says that #Brexit has left a "gaping hole" in an industry that relies of free movement of professionals. It's a familiar cry /2



@FashionRoundTab The industry, already whacked by #COVID19, is now discovering that cross-border sales are a horror (VAT, Customs, long delays) and models, stylists, photographers that used to blat around Europe can't any more. They need permits, for themselves, for their gear /3

It is on one level amazing that this is only just fully dawning - as the musician industry found out recently - but fashion is not just big names and big companies. It's actually a mountain of small companies and sole traders often that feed into a huge (£35bn) industry /4

I've written about fashion models issue before (they need tier-5 sponsorship visas) and how that will erode London's status as a hub, but this goes so much wider than this - hence the #dontmakefashionhistory campaign - and comes down the lack of a mobility chapter in the deal /5
ECONOMY
Peter Foster
Peter Foster
@pmdfoster
BREAK: The UK drops all its 'law breaking' clauses - including plans for more in forthcoming taxation bill - after @michaelgove
and @MarosSefcovic agree deal on terms of implementing Northern Irish Protocol. 1/

https://t.co/MdBbcI8vjd


@MarosSefcovic This is obviously very good news - recalling that it relates to the implementation of last autumn's deal to allow #Brexit to happen without returning a trade border to island of Ireland...but leaving one in the Irish Sea. /2

@MarosSefcovic The statement says that the two sides have determined "criteria for goods to be considered 'not at risk' of entering the EU" - though the extent to which goods pay tariffs UK-EU will depend on whether we get an FTA with the EU. (Even if we do, some still will) /3

@MarosSefcovic The two sides have also agreed on the 'reachback' of Article 10 or the "application of State aid under the terms of the Protocol" which the UK govt feared could be used to constrain UK govt subsidy decisions after January 1 /4

@MarosSefcovic This was because EU state aid law applied to UK in respect of NI Goods - so risk of 'catching' a UK decision to, say, give a bank a tax break if it had NI Clients...thereby blowing hole in @BorisJohnson 'sovereign' Brexit. An understanding has been reached here. /5
TAXATION BILL
Peter Foster
Peter Foster
@pmdfoster
BREAK: 🚨🚨🇫🇷🇬🇧🚗🚙🚗🚙🚗🚙🚗🚙🚗🚙🚗🇫🇷🇬🇧🚢🚢🚢🚨🚨 The UK rejects Dover funding bid to double French passport booths via @FT - long queues ahead...as other ports also don’t get money they asked for to build #brexit border. Stay with me/1 thread


So what is this all about? Well back in October the govt announced a £200m Port Infrastructure Fund - details below - for ports to get ready for the new trade processes for #Brexit border. Dealing with those 215m extra customs decs etc..

Today we find out what everyone got - but it turns out that 54 ports asked for more than £450m - so a LOT have been bitterly disappointed. Not just Dover (on which more in a second)...they are furious the government is not willing to fully fund the very borders they mandated /3

So here is the list of what everyone got - 41 ports had winning bids totaling just over £194m - but you'll note that Dover got...wait for it...£33k. No, that is not a type. Thirty-three thousand pounds. They asked for £33m!! Why? Well to build new passport lanes. /4


Why? Because as an @NAOorguk report warned in November the Govt's 'reasonable worst case scenario' for delays at Dover for passenger traffic was "one to two hours" and "much longer" in the summer. Eeek. Happy hols everyone! /5

https://t.co/K77Is5tfxk
BREXIT

More from Brexit

Dr Matt Prescott
Dr Matt Prescott
@mattprescott
As someone whose been researching BREXT, TRUMP + RUSSIA for a couple of years, it's pretty amazing to see the media suddenly starting to ring alarm bells - after yesterday's FASCIST COUP attempt! Too many have been positively incurious or complicit with boosting TRUMP + BREXIT.

The number of JOURNALISTS and CITIZEN RESEARCHERS who have been trying to investigate the links between TRUMP, BREXIT and RUSSIA is remarkably small, and so tiny that we have all more or less found each other on Twitter... I think this is shameful.

Below I will try to credit some of the people who have made important contributions and tried to explore different aspects of this terrifying, sophisticated and wide-ranging attack on democracy... Some won't want public acknowledgement because of the associated attacks + dangers.

Carole CADWALLADR : @carolecadwalla : has done more than anyone else to highlight the role of social media, data mining and profiling in attacking DEMOCRACY. Her warnings and scoops have been studiously ignored by many in power.

... a library of Carole's articles can be found here :
BREXIT
Daniel Lambert (Wines). \U0001f1ea\U0001f1fa\U0001f1eb\U0001f1f7\U0001f3f4\U000e0067\U000e0062\U000e0077\U000e006c\U000e0073\U000e007f\U0001f347\U0001f942
Daniel Lambert (Wines)...
@DanielLambert29
Over the past 15 days I have not only been running my company as normal but I have been faced with largest threat to its future since it began in 1992. This is #Brexit & here is my thread on just how bad things are getting. 1/26

Six months ago my business started to prepare for Brexit. We obtained the following licences and accreditations JUST to maintain the status quo. EORI number, RORO badge for Chief, GBRC number, GBWK number, we already had ARWS and DAN accounts. 2/26

All of this took nearly five months a lot of form filling but on the 9th December this was all in place. So I would say whilst we knew Brexit would be a car crash we did not know it was going to be a multiple pile up in the fog with fatalities. 3/26

On January 4th I returned to work being wise enough to have stockpiled just enough so that if we had a bumpy ride in January we would have enough stock to last until February. 4/26

I should add this took a considerable amount of cash flow and management to do this during a lockdown/ pandemic combined with Xmas sales. But we managed. 5/26
BREXIT
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ScottishPanda
ScottishPanda
@PandaScottish
[thread]

As we approach "the last throw of the dice"

I would like to do something I haven’t done enough of

Congratulations to 37.4% of the electorate

On the 23rd June 2016 you won

Congratulations

No one can take that away from you

You

Indeed I would like to be the first one to congratulate Boris Johnson

Whatever happens in the next few days

Well done Boris

Whether he gets as a deal

Or indeed no deal

Congratulations on the "win"

You will desperately sell what you won was a "win"

If a deal then with a sale of a side measure of scapegoating narrative as to why it wasn't better

If no deal then the side sale will be the scapegoating as to why

As it will always be someone else's fault

Can I firstly apologise - its obviously because I didn't believe enough or talked the country down

I am not certain which will be sold more desperately

A really shitty deal

or no deal
BREXIT
Michael M. \U0001f1e8\U0001f1ed\U0001f1f3\U0001f1f4\U0001f1ee\U0001f1f8\U0001f1f1\U0001f1ee\U0001f1ec\U0001f1e7
Michael M. 🇨🇭🇳🇴🇮🇸🇱🇮🇬🇧...
@vivamjm
When we had a [Brexit] deal, I thought, we're saved all the rigmarole and hassle, it'll work sweet as a nut, but it hasn't happened," says Mr Flannigan. Instead, he says, it feels like the clock's been turned back 30 years
People really don't have a "sweet as a nut" clue do they?

Yes "30 years" and worse ..because you are now outside the Single Market & "worse" outside the Customs Union too . You're now trading under conditions more like Belarussia into EU without the customs & logistical capacity to handle the volumes. Your business will most likely fail

This was always so ..regardless of the "deal" esp with "87% of Berwick Shellfish's £1.7m sales go to France, Spain and Germany"
Next....
"The real test for me is the next two to three weeks, as inventory is depleted and orders increase," says Mr Munro.

"He thinks there's a window of opportunity now, for the authorities to fine tune the system before volumes are ramped up" .. "fine tune" Oh FFS...!! wake up.

The BBC report a litany of businesses not understanding the "deal" was always going to mean being outside the SM/CU

"Mr Dormer fears the "massive amount of aggravation" could mean business partners on the continent start to look elsewhere.".....errrr ...yes.

Note how though the report leads with a suggestion of EU "pettiness"
BREXIT
David Henig
David Henig
@DavidHenigUK
How to make sense of the increasing number of UK-EU trade disruption stories?

In short - outside of a single market product checks and people working restrictions are inevitable. And outside a customs union you will have tariffs and / or rules of origin.

Detail ---> 1/

The UK decided to leave a Customs Union. Within that Customs Union, no tariffs, just a common external tariff or preferential rates for bilateral deals or developing countries. Hence, distribution hubs in one country for all make a lot of sense. 2/

Outside a Customs Union our choice was tariffs under WTO rules or remove them subject to rules of origin with a deal. We chose the latter, but it means we can't just import from China, rebadge, and get zero tariffs from the EU. As we could until December 31. 3/

Net result of being outside of the Customs Union - it no longer makes sense for the UK to be a distribution hub for the whole of Europe. Particularly when so many neighbouring countries remain in it. No trade deal changes that. 4/

Now, product checks, of the sort causing problems for food exporters (see Scottish seafood). In the single market, we shared regulations, so a safe product in the UK was safe in France. No inspections. We chose to leave that system, as we want to change some regulations. 5/
BREXIT

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Vibhu Vashisth
Vibhu Vashisth
@VIBHU_Tweet
हिमालय पर्वत की एक बड़ी पवित्र गुफा थी।उस गुफा के निकट ही गंगा जी बहती थी।एक बार देवर्षि नारद विचरण करते हुए वहां आ पहुंचे।वह परम पवित्र गुफा नारद जी को अत्यंत सुहावनी लगी।वहां का मनोरम प्राकृतिक दृश्य,पर्वत,नदी और वन देख उनके हृदय में श्रीहरि विष्णु की भक्ति अत्यंत बलवती हो उठी।


और देवर्षि नारद वहीं बैठकर तपस्या में लीन हो गए।इन्द्र नारद की तपस्या से घबरा गए।उन्हें हमेशा की तरह अपना सिंहासन व स्वर्ग खोने का डर सताने लगा।इसलिए इन्द्र ने नारद की तपस्या भंग करने के लिए कामदेव को उनके पास भेज दिया।वहां पहुंच कामदेव ने अपनी माया से वसंतऋतु को उत्पन्न कर दिया।


पेड़ और पौधों पर रंग बिरंगे फूल खिल गए और कोयलें कूकने लगी,पक्षी चहकने लगे।शीतल,मंद,सुगंधित और सुहावनी हवा चलने लगी।रंभा आदि अप्सराएं नाचने लगीं ।किन्तु कामदेव की किसी भी माया का नारद पे कोई प्रभाव नहीं पड़ा।तब कामदेव को डर सताने लगा कि कहीं नारद क्रोध में आकर मुझे श्राप न देदें।

जैसे ही नारद ने अपनी आंखें खोली, उसी क्षण कामदेव ने उनसे क्षमा मांगी।नारद मुनि को तनिक भी क्रोध नहीं आया और उन्होने शीघ्र ही कामदेव को क्षमा कर दिया।कामदेव प्रसन्न होकर वहां से चले गए।कामदेव के चले जाने पर देवर्षि के मन में अहंकार आ गया कि मैने कामदेव को हरा दिया।

नारद फिर कैलाश जा पहुंचे और शिवजी को अपनी विजयगाथा सुनाई।शिव समझ गए कि नारद अहंकारी हो गए हैं और अगर ये बात विष्णु जी जान गए तो नारद के लिए अच्छा नहीं होगा।ये सोचकर शिवजी ने नारद को भगवन विष्णु को ये बात बताने के लीए मना किया। परंतु नारद जी को ये बात उचित नहीं लगी।
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श्रीमाली हितेश अवस्थी...
@HiteshAwasthi89
Sri Maha Bhairavar Rudhra alayam, Chengalpet, Tamilnadu

This temple is being constructed merely on the instructions from Bhairava by his devotee Shri Bhairava Siddhantham Swamy. The Temple is fully enshrinedin a transparent glass enclosure..1/n


with Rudrakshas on both the sides of the entrance This temple has a circular Sanctum Sanctorum which has twelve stepseach representing a sign of zodiac and after that twelve steps we find the supreme deity of this temple Sri Kshetra Paata Bhairava. 2/n


Beneath the Bhairava, in the lower level are installed the Ashta Bhairavas, SapthaRishis in the form of stones, and Saptha Kannis in the form of brass lamps. Thereare a number of little blue and white lights in the ceiling that is shaped like a dome.. 3/n


which give an ethereal atmosphere when switched on. The steps representthe twelve signs of the zodiac and when one steps over them to reach thesanctum sanctorum all the doshas pertaining to the horoscope are cleared onceand for all..4/n


The Sthala Vriksham ”Peepal Tree” which is grown on a pedestal, a trident which is considered as Bhairavi, Pancha Mukha Anjaneya, Prathyankara Devi, Subramanya, Rudra Vinayaga, Vaishnavi Devi, Naga Rudra, Eswara, Vana Durga etc. 5/5

#IncredibleBharat
#DekhoApnaDesh
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Nikita Poojary
Nikita Poojary
@niki_poojary
Catch me if you can @Mitesh_Engr

Time for a🧵
Mitesh Sir's EXPIRY Option Selling 101:
• What to look for?
• Strike Selection & Ratios
• SL mgmt
• Avoiding freezes
• Monthy Expiry
• Event days
• How he would have traded last expiry?

In collaboration with @AdityaTodmal


Edward de Bono says intelligence is like a🚗 Automobile

“A powerful car may be driven badly. A less powerful car may be driven well. The skill of the car driver determines how the power of the car is used.”


What @Mitesh_Engr Sir looks at for Expiry Trading:

• Technicals of BNF
• Individual Heavyweight stocks of BNF
• Support/Resistance of BNF on weekly TF
• Also has Superb SL management
• When it comes to adjustments, he is always on toes


How to Select Strikes to Sell?

• You can't sell based on premium
• Follow only trend
• Price action is best to sell on expiry day
• Never wait for the options to go to zero


Using Ratios to Sell:

• If BNF is in a range then strangles
• If breakout/ breakdown from a range then directional
• Selling 70/30 or 80/20 ratios
• 2 examples on how he used ratios
ALL , MITESH PATEL OPTIONS STRAT , MITESH PATEL EXPIRY GUIDE
Jaya_Upadhyaya
Jaya_Upadhyaya
@Jayalko1
SRI THIRUNARAYANA PERUMAL, MELKOTE (KAR)

Known as Dakshin Badri, Thiru Narayanapuram is one of the four famous Swayambu Kshetrams, the other three being Srirangam, Kanchipuram and Tirupati.
The presiding diety is Cheluva Narayana Swamy/ Selva Pillai/ Rama Priyan.


Once, Sri Rama gave his aradhana murthi of Sri Ranganatha, to Raja Vibhishana on his request. So he was left without a murthi for his daily pujas. Brahma is said to have provided the murti of Selva Pillai to Rama who later passed this on to his sons, Lava and Kusa.


When Kusa’s daughter married a Yadava prince, this murthi moved to the lunar dynasty from solar.

It is said that the utsav murthi got the name Selva Pillai due to Sri Ramanuja.
Once, a Sultan took away this murthi and Sri Ramanuja went in its search to the Sultan’s palace.
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Dr. Barry J. Cooke
Dr. Barry J. Cooke
@barryjcooke1
1. Let's talk about the effects of #climatechange on the world's forests, with a focus on the northwest of Canada. This is also about electoral #greenwash, and my duty as public servant and right as private Canadian citizen to speak freely about what I know.

2. Why am I compelled to speak? How am I free to speak? The answer is in the federal Values and Ethics Code of Coduct (VECC).


3. It can be career-limiting to criticize government policy when you work for government. Duty of Loyalty is very, very important. However, as VECC makes clear, it is not absolute. In fact SCoC has ruled twice in favour of citizen free speech as a higher ideal. In 1985 and 2001.

4. I am therefore perfectly comfortable showing you the scary things that are happening in the North under a warming climate. A failure to meet global GHG emissions targets is hurting Canada's forests in a way we used to think wouldn't happen for decades.

5. Warming temperatures and rising [CO2] could, in theory, help green the planet with more vigorous tree growth. But that's not what's happening. Don't believe the #greenwash. The positive effects are over and it is warm enough that we are now starting the into the negative.
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