BC BREXIT
Saved by @Mollyycolllinss

Brexit also brings UK pork sector to standstill. Surprise eh? @RichardAENorth 🙄
UK pork processors are experiencing significant issues in exporting products to the EU, which has already brought part of the industry to a complete standstill, risking knock-on impacts on farm.

 The widely seen footage of overzealous Dutch (*my edit: "no they were not"*) inspection officials confiscating ham sandwiches transported by British hauliers is just the tip of the iceberg as far as the UK pig sector is concerned.
The NPA’s processor members have reported that
excessive (*my edit: only for non-EU members*) bureaucracy associated with paperwork requirements are causing delays at Dover, Calais and other ports. With pork being a perishable product, these delays are making UK shipments unattractive to buyers in the EU, forcing processors
to reject shipments and cancel future orders.
Despite the trade deal agreed between the EU & UK just before Christmas, the UK’s formal departure from the EU Customs Union and Single Market was always going to mean additional checks, new labelling and certification requirements
and delays at ports. While the full overall impact of the new rules is yet to be felt, as UK export volumes remain lower than normal for the time of year, the UK pig sector is already feeling the effect. Processors have reported a number of issues, including:
• Officials at ports in the UK, France, Ireland and the Netherlands are taking a far more stringent approach to assessing paperwork, which in itself appears to be excessive. (welcome to 3rd country status)
One load was caught at Calais for 20 hours undergoing vet checks and then
rejected upon finally reaching its destination in Germany because of the delay.
• Additional paperwork is causing major delays for processors – one processor said it took nine hours to prepare the paperwork for one shipment to the EU last week.
• Another processor reported that when sending product to the Netherlands, each Export Health Certificate (EHC) needed 12 stamps for the English, Dutch and French versions required in duplicate.
Therefore, for a 15 tonne load, the vet had to stamp paperwork 72 times.
There is no electronic option at present – all EHCs have to be in hard copy
• Another processor reported that as we are now a 3rd country, new rules require inspectors to check labels on each box in a consignment of pork products meaning that the whole pallet has to be offloaded
and broken apart to check the boxes in the middle, adding more time to the process.
• The Eurotunnel needs to process 500 lorries an hour but only has the veterinary capacity for 150 an hour which will slow things down even more.
• The administrative burden of EHCs means that
vets are struggling to meet the demand and the costs for exporters have increased.
“We are seeing a bureaucracy overload and it is already having a big impact on the pig sector,” NPA chief executive Zoe Davies said.
“This is partly an inevitable consequence of Brexit –
we always knew it would mean more red tape, checks and delays. But there is a political element, too. Why are 30% of all UK consignments to the EU are being checked? This is far more than many other 3rd Country exporters to the EU - for New Zealand, for example, the figure is 1%
(*my edit: yes that's because of the *negotiated* deal and the fact NZ is not wanting the right to *diverge* on standards. It's not fekking hard to understand surely?*)

Dr Davies explained that the delays were forcing processors to cancel some shipments, with
the cull sow trade particularly badly hit. Processors are currently wary of sending shipments out in case they are rejected due to deterioration of product following severe delays. “The concern is that the situation is only going to get worse as export volumes increase over ...
he coming weeks, putting more pressure on a system that is already buckling,” Dr Davies added.
“For the pig sector, this comes on top of an already very difficult situation with processing plants hit by COVID-19 outbreaks and therefore unable to process pigs at the usual rate,
meaning pigs are already staying on farms longer than they otherwise would.”
In the first 10 months of 2020, the UK exported more than 180,000 tonnes of pork to the EU, a vitally important trade for the sector accounting for 44% of UK pork exports.
“If this trade grinds to a standstill, on top of the COVID issues, we are going to see some serious problems across the sector,” Dr Davies said.
“The Government does not appear to think there is a problem. The clear message we are receiving from our processors is that there is –
and we want to see some concerted action and political will to speed the processes up on both sides, with greater priority given to perishable products, such as pork.”
While UK products going to the EU are subject to additional checks, the same rules won’t be applied to products
coming the other way for some time, as the UK is phasing in its checks. (*my edit: because HMG knows it does not have the capacity do so. More peak chaos coming around 1/4 and esp around 1/7*)
“While this delay is convenient for a Government that wants to ensure there are no
empty shelves in supermarkets, UK producers are being placed at a huge disadvantage and we have absolutely no leverage to convince the EU to change their position.
“It is clear that the Commission wishes to make Brexit as painful and as messy as possible to prevent any other
country from following suit, so we have very little hope of improving things. (**My edit: The Commision is there to protect the better interests of member states over *competitor* non-member states..& to appy 3rd country rules consistently Why *is* this so hard to understand??**)
“The Government needs to accept we have a situation here that needs to be resolved, and quickly,” Dr Davies added.

*My edit: None of above should be a surprise as the rules are not "new" but *existing* rules for non SM/CU members... just needed to study *these* non-member rules
adding further weight to the realisation that most of the UK somehow rather idiotically/unforgiveably throught the "deal" (any FTA) was going to match that of SM/CU membership*

Extra popcorn supplies will be purchased 😬

More from Michael M. 🇨🇭🇳🇴🇮🇸🇱🇮🇬🇧

Michael M. \U0001f1e8\U0001f1ed\U0001f1f3\U0001f1f4\U0001f1ee\U0001f1f8\U0001f1f1\U0001f1ee\U0001f1ec\U0001f1e7
Michael M. 🇨🇭🇳🇴🇮🇸🇱🇮🇬🇧...
@vivamjm
Whatever the analyses, I'll never understand the efforts, taxpayers money & substantial pain to come to make the disunited or broken apart UK, face so many more difficulties in trading with its neighbours; even within its own territory & to be so much poorer & less secure

with fewer rights for Brits in their own country & across the EU/EEA.
And that there is not a lot more official opposition/media attention & anger about it
.
Even more so when I read the following from 2010 by the "Taxpayers Alliance"

@bakerstherald Thanks for bringing this to my attention when the MSM - for whatever reason - is so noticably reticent to expose these would be quickly evolving (sounds better/less sinister)


From 2010
"As long as anyone can remember, Britain's old industrial heartlands have been a disaster area. Once they'd lost their traditional industries like steel and shipbuilding, something very bad happened to them - they seemed to lose the will to live. And as we've blogged

many times (eg here), despite decades of political promises and billions of tax-funded support, they have never managed to leave the high dependency unit. For example, when last sighted - in 2007-08 at the height of the biggest economic boom the world has ever seen -
GOVERNMENT
Michael M. \U0001f1e8\U0001f1ed\U0001f1f3\U0001f1f4\U0001f1ee\U0001f1f8\U0001f1f1\U0001f1ee\U0001f1ec\U0001f1e7
Michael M. 🇨🇭🇳🇴🇮🇸🇱🇮🇬🇧...
@vivamjm
FELIXSTOWE, England (Reuters) -

In just one month of post-Brexit trading, British logistics expert Jon Swallow has seen exports dive, prices rise and customers so desperate that he is practically offering a counselling service.

Swallow is one of thousands of freight forwarders and customs brokers based around Britain’s biggest ports who have described the overnight introduction of a full customs border as akin to the country placing economic sanctions on itself.

Britain’s New Year’s Eve departure from the European Union’s orbit after 47 years of membership means exporters must now provide customs and safety declarations, health checks and rules of origin details to trade with its biggest partner.

We are now at a disadvantage to people trading within the EU,” Swallow, a co-director of Jordon Freight, told Reuters in his office next to the vast cranes that tower over Felixstowe docks, Britain’s biggest container port, on the south east coast of England.

“We’re a very fast-paced business, but now we’re just like walking through mud. There’s just paperwork everywhere.”
Those companies that trade goods between Britain and the bloc are paying a price, particularly small firms.
BREXIT
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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
Michael M. \U0001f1e8\U0001f1ed\U0001f1f3\U0001f1f4\U0001f1ee\U0001f1f8\U0001f1f1\U0001f1ee\U0001f1ec\U0001f1e7
Michael M. 🇨🇭🇳🇴🇮🇸🇱🇮🇬🇧...
@vivamjm
H/T @PatHarrison2
A decent report from the NY Times...
"As the new year made Brexit a reality, Tony Hale encountered the pitfalls of Europe’s redrawn geography. Specifically, he confronted the need to extricate 53 tons of rotting pork products from administrative purgatory

a port in the Netherlands.
For more than two decades, Mr. Hale’s company had shipped pork to the European Union without customs checks, as if the United Kingdom and the continent across the water were one vast country.

With Britain now legally outside the bloc,

exporters suddenly had to navigate inspections, safety regulations & a bewildering crush of paperwork.
For Mr. Hale, incorrectly prepared documents meant sending five containers full of pork to an unplanned final destination : the incinerator.
“It’s a new game,& we have to learn”

Mr. Hale said. “We are having to double- and triple-check every document.”
In the early days of the post-Brexit era, Britain is struggling to adapt to its new position in the global economy — its fortunes still tethered to the European Union; its companies now on the outside.

The trade deal Britain struck late last year with the European Union stopped tariffs from being imposed on goods exchanged across the English Channel, but did not prevent the revival of customs procedures, health and safety checks, value-added taxes on imports, and other
SOCIETY
Michael M. \U0001f1e8\U0001f1ed\U0001f1f3\U0001f1f4\U0001f1ee\U0001f1f8\U0001f1f1\U0001f1ee\U0001f1ec\U0001f1e7
Michael M. 🇨🇭🇳🇴🇮🇸🇱🇮🇬🇧...
@vivamjm
Public notice from Hannants: UK's biggest model kit & accessories supplier

"There are still problems with sending parcels to the EU. To date only 3 parcels we sent have been delivered. Some are still in England. Some are in europe. We cannot find out what the problems are but .

suspect it is incorrect paperwork.
We are very sorry but we cannot start taking orders knowing that these problems exist. We are going to have to wait longer before we can re-open for EU orders but we cannot say when that will be. We cannot feed 100s of orders a day into a system

that is not working knowing they may not go anywhere.
Also bizarrely the new Royal Mail system can only accept parcels with 20 items or less in them. More than half the orders we send have more than 21 items in them. Parcelforce can take packages with any quantity of contents.

So somehow our website now needs to be modified so that if customer wants 20 items they see the Royal Mail/Parcelforce postage options but if there are more than 20 items they only get the Parcelforce option. We do not want to start work on that change at the moment.

We are no longer able to reply to emails asking when we will be opening up for EU orders. We are sorry but we do not know and we have no way to find out. Please see the message on the home page for the latest information.
DPD is still a problem and there has been little progress.
SOCIETY

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
Tony Connelly
Tony Connelly
@tconnellyRTE
Ireland's foreign min @SimonCoveney says there will be no breakthru at the #euco this wk, that EU fishermen will not be "sold out" in order to secure a future relationship deal, and that if there is a deal it will not be ratified unless the UK "remove" Internal Mkt Bill clauses

2/ Speaking at the General Affairs Council Mr Coveney said: “We value fishermen, we value their contribution across the EU and cerainly EU fishermen are not going to be sold out in an effort to get an agreement on a future relationship with the UK on trade.”

3/ He said that while there had been some progress on the level playing field area, there had been “little or no” movement on fisheries. Both sides, he said, had legitimate concerns on the issue.

4/ Mr Coveney had bilateral meetings with both @MichelBarnier and @MarosSefcovic

5/ “There was a very clear message that if we do manage to negotiate a deal on a future relationship agreement that involves many different areas, before that deal can be ratified or finalised, the domestic legislation that the UK has introduced...
BREXIT
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Helene von Bismarck
Helene von Bismarck
@HeleneBismarck
While we await white smoke signalling a #Brexit deal, let us consider what the end of the transition period on 31 Dec (deal or no deal) will mean for the future of UK politics. Will the end of the Brexit process lead to the end of British #populism? I am very sceptical.
Thread 1/

This thread serves as an English summary and translation of a long essay I published in the Swiss @RepublikMagazin last week. Contrary to its title, it is not just about @BorisJohnson

British populism is a political method, not an ideology. It is not identical with Trumpism, even if it shares some of its traits. The populist method in the UK does not become redundant with #Brexit, because its use hasn't been limited to the UK's relationship with the EU.
3/

The populist method in the UK consists of two key elements:
1) the emotionalization and over-simplification of highly complex issues (such as Brexit, the pandemic, migration, culture or history)
2) the reliance on bogeymen ('enemies') both abroad and at home

4/

Populists depend on enemies, real or imagined, to legitimize their actions and deflect from their own shortcomings. There has been an obvious candidate for the enemy abroad since 2016: the EU. But once transition is over, this may, in the long term, become more difficult.
5/
BREXIT
Paul Patrick
Paul Patrick
@PaulTyredagh81
1. #Belfast #IrishSeaBorder There is no doubt that Brexit & the accompanying Irish Sea Border has destabilised the Union. Whilst the constitutional status of Northern Ireland has not changed, the fact of N.I remaining in the single market of the EU confirms it is”a place apart”.

2. Belfast Steve Aitkin/UUP, Mervyn Gibson/OrangeOrder,Jim Allister/TUV, Jamie Bryson/Unionist Blogger, etc etc, all see the Irish Sea Border & different economic arrangements for NI apart from Britain as a “betrayal”. It comes in a long line of Tory”betrayals”.

3. #Belfast They are correct. The Irish Sea Border & EU single market moves N.Ireland closer to the Republic of Ireland in terms of economic https://t.co/tdKZhjKhWu,it doesn’t change the constitutional status of NI but it is a huge psychological blow to a Unionism.

4. #Belfast The DUP utterly failed to “strengthen the Union”. Their attempt to hold the minority Tory Theresa May govt to ransom backfired spectacularly when Boris Johnson won a significant majority. Their arrogance led them to be isolated & resented in Westminster.

5. #Belfast How does Unionism now react to this?Retreat to the”Bunker”?Repeat the ineffective “Flag”street activism of the past? The Union can now only be saved imo by reaching out to the 5-10% swing vote that will decide a future Border Poll on Irish unification,& it is coming.
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

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Pyramiding 2.0

A thread-


What is pyramiding?

It is simply adding to your winners.

Why use pyramiding?

1. It makes your winners bigger than your losers.

• Because you are adding positions when your trades are going your way, you are increasing your gains but your losers will be small comparatively.

2. You lose less during Draw-down time ( it saves you from losing big during whipsaws )

• Many times when the market is in sideways mode, Entering a trade with full risk might not be the best idea.

• So, you test the waters with a small position first, it could be ⅓ or ¼ of your total risk.

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Thread A History lesson for the MOAB:
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Everyone in the country is about to get a harsh lesson on what this really means...

2. In 1871, February 21: Congress Passes an Act to Provide a Government for the District of Columbia, also known as the Act of 1871.

With no constitutional authority to do so, Congress creates a separate form of
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3. A ten mile square parcel of land (see,
Acts of the Forty-first Congress,” Section 34, Session III, chapters 61 and

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Aneesh Philomina Antony
Aneesh Philomina Anton...
@ProdigalTrader
If u are looking to enter a scrip just before the breakout
what would u look for?
How would u identify scrips just before breakout?

Here are a few pointers
Carefully understand the them and use at ur own discretion
(All comments r compiled from a question i posed)

1/23

Price is testing the same resistance repeatedly since long.
But now in recent times it's forming multiple candles near the same resistance with low volume.
Observe it and see for opposite move.
As soon as u get a positive candle, get in to it.

2/23

1. Volume buildup (vol > when resistance point created) along with, increase in OI, increase in delivery % on HTF
2. On LTF, price stalling around breakout area for at least 1-2hr.
3. No major events.

3/23

Stock reaching breakout LVL with HL-HH
Contraction of price and volume near it especially near 20 days ma.
If there is any breach of the latest HL it should be followed by a bullish candle with good volume.
Left side of the chart has a rally with a very steep slope of ma.

4/23

Number of wide range green bars with high volumes.
If stock is at its ATH then it adds more conviction bcz there wont b supply after that point

Consolidation below the resistance, volume of the candles & strong bullish candle closing at near highs just below the resistance

5/23
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