BC POLITICS
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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."
6/ Diplomat adds: "The fact that you diverge on the fine detail doesn't mean you necessarily get an advantage. But we are both sovereign. If this sovereignty creates unwanted imbalances, if divergence creates problems, then we have instruments to address it in a way that's fair."
7/ It looks like the LPF mechanism cd have a blend of "autonomous" retaliation (if divergence causes a problem) and a consultation period. It also appears there will be some kind of joint committee, although it won't be called that (to avoid confusion with the WA joint committee)
8/ It will be an overarching political body and will have subcommittees below it to manage different aspects of the treaty.
9/ I also understand that on state aid there will be the possibility for an aggrieved party (ie, an EU or UK company) to go to court if it believes there has been unfair subsidies for a rival, but it will not be called "direct effect".

More from Tony Connelly

Tony Connelly
Tony Connelly
@tconnellyRTE
After Michel Barnier's briefing of EU ambassadors this afternoon, here's where things stand:

2/ There is a basic deadline of Christmas Eve to get a deal. That will give the EU's legal services time to draw up a letter to send to the UK seeking provisional application of the treaty from Jan 1

3/ It's understood officials will need four days at a minimum to draft a letter seeking provisional application of the treaty (all this is on the basis that it is pretty much too late for the European Parliament to ratify the treaty on time for Jan 1)

4/ On the prospects for a deal: diplomats say they're not ruling out a deal by Christmas eve. Michel Barnier said there had been significant progress. Member states expect to convene a meeting of the Working Party (of Brexit coordinators) every day (except Christmas Day)

5/ Acc to one diplomat Barnier will publish the text once/if it's agreed, but before it's been legally scrubbed. Member states can approve the text via written procedure (sending a formal letter) as there are no Council meetings foreseen to do it in person between now and Dec 31
EU
Tony Connelly
Tony Connelly
@tconnellyRTE
BREAKING: The EU and UK have agreed a trusted trader scheme that would mean exemptions from tariffs for up to 98pc of goods flowing between Great Britain and Northern Ireland from January 1, @rtenews has learned.
The other 2% wd potentially avail of rebates from any tariffs.

2/ Tariffs would mostly only apply if no free trade agreement is concluded between the EU and UK.

Both sides have also agreed that agrifood products coming from GB to Northern Ireland will be exempt from requiring export health certificates for a period of at least three months

3/ These have proved the biggest concern for UK supermarket chains in NI, who rely on large and mixed consignments of food coming from GB depots.
Export health certificates can cost up to £200 per product and need to be signed off by a designated veterinary inspector.

4/ It’s understood the issue of how supermkts will comply with EU food safety rules could be dealt with through a UK commitment - possibly a declaration - that it does not intend to change its food safety rules from Jan 1. At that point the rules will be the same as the EU's.

5/ The trusted trade scheme would be subject to a review, or sunset clause, three and a half years after the Protocol comes into effect, according to an internal EU briefing
TRADING
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Tony Connelly
Tony Connelly
@tconnellyRTE
Breaking: The DUP and Sinn Fein leaders have sent a joint letter to the European Commission describing as “unacceptable” the alleged threat to the continuity of existing food supplies to Northern supermarkets once the Northern Ireland Protocol takes effect.

2/ The letter, seen by @rtenews, and signed by @DUPleader and @moneillsf, highlights the problem of the need for checks and controls on food products entering Northern Ireland from Great Britain from January 1 and how that might impact on the supply of food to supermarket chains.

3/ The First/Dep First Ministers write: “It is hard to imagine a more fundamental aspect of everyday life than the purchase of daily food supplies...

4/ "Hence we would ask you to recognise how important it is that the current consideration of the detail of how the Protocol will be applied takes our unique context into account.”

5/ Under the Protocol, food and animal derived products entering NI from Great Britain will be subject to the EU’s food safety regime, meaning that so-called sanitary and phytosanitary (SPS) checks will be required on a range of products destined for supermarket shelves.
POLITICS
Tony Connelly
Tony Connelly
@tconnellyRTE
NEW: European Commission president @vonderleyen: As things stand I cannot tell you whether there will be a deal or not, but I can tell you there is a path to an agreement now. The path may be very narrow but it is there.

2/ VDL - it is therefore our responsibility to continue trying.

3/ Commission president says the "good news" is we have found a way forward on most issues, but this is now a case of being "so close and yet being so far away from each other."

4/ VDL - level playing field: our aim is simply fair competition on our own market.

Says the "architecture" of a level playing field provision rests on two pillars: state aid and standards

5/ On state aid we have made progress based on common princples, guarantees of domestic enforcement, the possibility to autonomously remedy the situation where needed [ie, either side can take action if distortions of trade etc]
POLITICS
Tony Connelly
Tony Connelly
@tconnellyRTE
Here is the rough transcript and story of @realDonaldTrump's NI envoy, his meeting with @simoncoveney and the alleged threat of the EU using aviation as leverage over the UK if the Internal Market Bill led to a hard border on the island of Ireland.

2/ Mr Mulvaney was talking to the @iiea via video link.

Asked about the concerns in the US over the IMB, which breaches the NI Protocol, Mr Mulvaney said that in his meetings with all sides his worry was that the Bill could result in a border “by accident”.

3/ He told the presentation: “The best response I got on the matter was from Simon Coveney when I met with him in Dublin.

4/ “I said to him..., look, Simon, my fear is this: there’s a no deal Brexit. The IMB kicks in, the Brits don’t want to put up a border on the island, because they know what that means, the Irish don’t want to put up a border across the island because they know what that means.

5/ “The Europeans come in and say, well, if you’re not going to control the flow of goods from outside of the [European] Union [to] inside the Union, from Belfast to Dublin, for the sake of this discussion, we’re going to force you to ring the whole island of Ireland
POLITICS

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Henry Farrell
Henry Farrell
@henryfarrell
1. Short thread - on the various claims we're seeing from Republican politicians over the last few days that the Democratic push for accountability is "divisive." Damn right it's divisive - that is what it has to be.

2. It is intended to enforce a clear division between those who accept and are committed to democracy and those who are willing to turn to violence when the vote doesn't turn out the way that they want it to.

3. One of the basic implications of Adam Przeworski's theoretic work is that democracy is made out of mutually reinforcing expectations, and those expectations are fragile. If some actors think they would be better off defecting from the democratic bargain, they will.

4. In other words: democracy and armed factionalism are far closer than we think, or we would like them to be. This means that it is incredibly important to police the boundaries between them. Allowing some to turn to violence can lead to expectation collapse and cascading ruin.

5. When we allow the divisions to become blurred, that means that we are running the perpetual risk of things getting fucked up. If a major faction turns to violence, and no-one responds, things can get really fucked up really, really fast.
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Faisal Islam
Faisal Islam
@faisalislam
NEW - on @skynews shortly:
Reliable source tells me Withdrawal Deal text contains

- No unilateral exit from backstop

- Large annexe on level playing field

.... after reporting this on @SkyNews I get a call from a different senior source that this is “spot on” and further that the Attorney General Geoffrey Cox has not pulled his punches in confirming in legal advice there is “no unilateral exit” from backstop ...

... furthermore I’m told (and this chimes with excellent Times splash this morning re Weyand) that the future partnership then takes its starting point as the activated backstop - ie UK-wide customs union-style arrangement and level playing field.

Understand that a ministerial briefing on the draft Withdrawal Agreement meant to drum up support from some trade organisations due tonight has now been postponed
POLITICS
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Alexandria Ocasio-Cortez
Alexandria Ocasio-Cort...
@Ocasio2018
All the challenges to Leader Pelosi are coming from her right, in an apparent effort to make the party even more conservative and bent toward corporate interests.

Hard pass. So long as Leader Pelosi remains the most progressive candidate for Speaker, she can count on my support.


I agree that our party should, and must, evolve our leadership.

But changed leadership should reflect an actual, evolved mission; namely, an increased commitment to the middle + working class electorate that put us here.

Otherwise it’s a just new figure with the same problems.

I hope that we can move swiftly to conclude this discussion about party positions, so that we can spend more time discussing party priorities: voting rights, healthcare, wages, climate change, housing, cannabis legalization, good jobs, etc.
POLITICS
Parker Molloy
Parker Molloy
@ParkerMolloy
I told you they’d bring this up


I was wondering why that tweet had so many stupid replies. And now I see


Seriously, this was “the night before.” If you’re at the march where they’re changing “Jews will not replace us” and “Blood and soil,” you’re not a “very fine person.” Full stop.


There are 3 important moments in that transcript.

1.) When someone asked Trump about a statement *he had already made* about there being blame on “both sides,” he said the “fine people” line.


2. Trump does clarify! “I’m not talking about the neo-Nazis and white nationalists — because they should be condemned totally “

Okay!

Then adds that there were “many people in that group other than neo-Nazis and white nationalists.”
POLITICS
Jeff Cortese
Jeff Cortese
@jeffreycortese
1/9 Impeachment fun fact: sitting Congressman #AlceeHastings, participating in current #impeachment, was himself impeached. He was fed judge convicted on 8 articles related to bribery/lying under oath. 4-years later, he was in #Congress. Following is from

2/9 “In 1981, a fed grand jury indicted Judge Hastings along with his friend William Borders, a D.C. lawyer. Hastings was charged with conspiracy/obstruction of justice for soliciting a $150,000 bribe in return for reducing the sentences of two mob-connected felons.” #corruption

3/9 “A year after Borders was convicted, the result of an FBI sting, Hastings's case came before the criminal court. Despite Borders’ conviction, and the fact that Hastings had indeed reduced the sentences of the two felons, he was acquitted...and returned to his judicial post.”

4/9 “Subsequently, suspicions arose that Hastings had lied and falsified evidence during the trial in order to obtain an acquittal. A special committee of the 11th Circuit Court of Appeals began a new probe into the Hastings case.”

5/9 “The resulting three-year investigation ended with the panel concluding that Hastings did indeed commit perjury, tamper with evidence, and conspire to gain financially by accepting bribes. The panel recommended further action to the U.S. Judicial Conference...”
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Remembering the Bengali scientist Dr Subhash Mukhopadhyay- the Pioneer of IVF in India, the creator of India's first and world's second child using IVF on his birth anniversary. The Father of IVF in India who was rewarded with suicide was born on 16.01.1931in Hazaribagh.
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A thing which I unironically and enthusiastically believe which is unpopular among smart people of my acquaintance: financial engineering has in the recent past and present contributed substantially to human welfare. We should hope to see more of it.

Maybe more geeks need to meet someone who says “My job is teleporting value across time and space.”

Financial engineering is sort of a squishy term. I don’t primarily mean payments infrastructure or financial rails, although both of those involve substantial engineering.

I mean more “We took a thing and performed some alchemy, and now have a new thing.”

Except instead of alchemy it is generally quite a bit of math, a huge amount of contract law and due diligence, often an impressive amount of ops work, and a dusting of technology that web devs would recognize as such.
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One of the most moving and relevant stories of the Battle of the Bulge, or any American Soldier in any war, is that of Master Sergeant Roddie Edmonds, a Knoxville, Tennessee native, who served with the 106th Infantry.


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Roddie was captured early on in the Battle of the Bulge, on December 19th, when Panzer forces plowed through his unit.

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An irony of facebook's situation.

Sheryl got her MBA at Harvard. One of the most famous cases (Extra Strength Tylenol) in one of the most famous classes (Business History) she took: in 1982, someone put cyanide in Extra Strength Tylenol capsules and killed 7 people in Chicago.

What do you do when someone turns your product into a weapon? When they use the system you built to harm? James Burke, CEO of J&J, was shockingly open with the public, he pulled the product and made significant packaging changes to make product safer (but not tamper-proof).

He over-shared every step along the way re investigation, redesign, stood up as both CEO and human. The reintroduction of new Extra Strength Tylenol succeeded. Burke saved the brand.

But four years later it happened again. A killer put cyanide in the capsules, this time a woman in Yonkers died. Same CEO, Burke, pulled the product again, completely changed the form factor from capsule to caplet and relaunched *again*. It worked *again*. How'd they do that?

Burke (CEO) tapped J&Js goodwill bank account w/ the public. Two big withdrawals from that bank account in four years + 8 dead bodies! But his honesty, openness, humanity (choked up about the deaths more than once), humility kept the goodwill bank balance positive the whole time.
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