Page 1 of 12 12311 ... LastLast
Results 1 to 10 of 118

Thread: UK’s Johnson threatens to withhold $50 billion Brexit payment

  1. #1
    ★ ★ ★ ★ ★ ★
    Rogue Valley's Avatar
    Join Date
    Apr 2013
    Last Seen
    Today @ 07:08 PM
    Lean
    Independent
    Posts
    33,577

    UK’s Johnson threatens to withhold $50 billion Brexit payment

    UK’s Johnson threatens to withhold $50 billion Brexit payment



    6/8/19
    (Reuters) - Boris Johnson, the leading candidate to succeed Theresa May as Britain’s next prime minister, said he would withhold a previously agreed 39 billion pound ($50 billion) Brexit payment until the European Union gives Britain better exit terms. The EU has repeatedly said it will not reopen discussion of the Brexit transition deal it reached with May last year, which British lawmakers have rejected three times, prompting May to announce her resignation earlier this month. May stepped down as leader of the governing Conservatives on Friday. Johnson, a former foreign secretary in May’s cabinet, is popular with ordinary Conservative Party members, who will decide between the two candidates who come top in a series of votes by Conservative lawmakers over the coming weeks. “I always thought it was extraordinary that we should agree to write that entire cheque before having a final deal. In getting a good deal, money is a great solvent and a great lubricant,” Johnson told the Sunday Times.

    Britain is due to leave the EU on Oct. 31. If Parliament does not approve a deal - and the government does not ask the EU for another delay - there risks being major economic disruption from a disorderly departure. The 39 billion pounds represents outstanding British liabilities to the EU, which would be paid over a number of years according to the withdrawal agreement negotiated by May. Johnson also said border arrangements with Ireland should be settled only as part of a long-term agreement, rejecting a “backstop” which would avoid checks on Northern Ireland’s border but which Conservative lawmakers fear is a backdoor way of requiring Britain to continue to follow EU rules after Brexit. The EU has said guarantees to keep the border open between Ireland and Northern Ireland are an essential part of the transition agreement. Separately, one of Johnson’s rivals, environment minister Michael Gove, said he would scrap the value-added tax (VAT) levied on most goods and services and replace it with a lower U.S.-style sales tax.
    Sounds like BoJo took a few courses at the Donald J. Trump School of Transactional Diplomacy.


    "All I know is what's on the Internet." — Donald Trump on "Meet the Press", Sunday, 13 March 2016

  2. #2
    Sage

    Join Date
    Dec 2017
    Location
    Middle Tennessee
    Last Seen
    Today @ 10:52 PM
    Gender
    Lean
    Conservative
    Posts
    6,529

    Re: UK’s Johnson threatens to withhold $50 billion Brexit payment

    Good for him ... and Britain.

    I'd like to know what the "39 billion pounds represents outstanding British liabilities to the EU" is.

    Is that a sort of EU membership fee ... or what did the Brits get for 39 billion pounds?
    Obama advisor David Plouffe: "It is not enough to simply beat Trump. He must be destroyed thoroughly. His kind must not rise again."

  3. #3
    Sage
    Fletch's Avatar
    Join Date
    Feb 2012
    Location
    Mentor Ohio
    Last Seen
    Today @ 06:23 PM
    Gender
    Lean
    Libertarian
    Posts
    26,913

    Re: UK’s Johnson threatens to withhold $50 billion Brexit payment

    Quote Originally Posted by Rogue Valley View Post
    UK’s Johnson threatens to withhold $50 billion Brexit payment





    Sounds like BoJo took a few courses at the Donald J. Trump School of Transactional Diplomacy.
    I dont see the problem here. Care to explain?
    Rightful liberty is unobstructed action according to our will within limits drawn around us by the equal rights of others. I do not add within the limits of the law, because law is often but the tyrant's will, and always so when it violates the rights of the individual.--Thomas Jefferson

  4. #4
    Sage
    Chagos's Avatar
    Join Date
    Mar 2015
    Location
    in expatria
    Last Seen
    Today @ 08:24 PM
    Gender
    Lean
    Private
    Posts
    21,387

    Re: UK’s Johnson threatens to withhold $50 billion Brexit payment

    Good way of tanking the UK's future credit rating, not to mention scuttling any future co-operation with the (still) second largest economy in the world.

    Where the scheme seems idiotic, one should realize that BoJo is not really an idiot. Merely a blatant liar who is playing to the idiot gallery of those that have wet dreams over this approach.
    Quote Originally Posted by coldjoint View Post
    ~......................... I fully expect you to disappear ............~

  5. #5
    Sage
    Chagos's Avatar
    Join Date
    Mar 2015
    Location
    in expatria
    Last Seen
    Today @ 08:24 PM
    Gender
    Lean
    Private
    Posts
    21,387

    Re: UK’s Johnson threatens to withhold $50 billion Brexit payment

    Quote Originally Posted by Barnacle View Post
    Good for him ... and Britain.
    No !

    I'd like to know what the "39 billion pounds represents outstanding British liabilities to the EU" is.

    Is that a sort of EU membership fee ...
    No!

    Brexit divorce bill explained: Why the UK needs to pay the EU to leave — Quartz
    Quote Originally Posted by coldjoint View Post
    ~......................... I fully expect you to disappear ............~

  6. #6
    Sage
    Chagos's Avatar
    Join Date
    Mar 2015
    Location
    in expatria
    Last Seen
    Today @ 08:24 PM
    Gender
    Lean
    Private
    Posts
    21,387

    Re: UK’s Johnson threatens to withhold $50 billion Brexit payment

    Quote Originally Posted by Fletch View Post
    I dont see the problem here. Care to explain?
    If you need to have matters explained to you, you profess your ignorance.

    Where that is a good approach of itself, it precludes you from seeing (or not seeing) anything at all.
    Quote Originally Posted by coldjoint View Post
    ~......................... I fully expect you to disappear ............~

  7. #7
    Conservative Independent
    DarkWizard12's Avatar
    Join Date
    Sep 2007
    Location
    Tyler TX
    Last Seen
    08-15-19 @ 05:57 PM
    Gender
    Lean
    Independent
    Posts
    9,243

    Re: UK’s Johnson threatens to withhold $50 billion Brexit payment

    Quote Originally Posted by Chagos View Post
    Good way of tanking the UK's future credit rating, not to mention scuttling any future co-operation with the (still) second largest economy in the world.

    Where the scheme seems idiotic, one should realize that BoJo is not really an idiot. [b]Merely a blatant liar who is playing to the idiot gallery of those that have wet dreams over this approach.[b]
    Well, as long as he delivers brexit, who cares if he wants to act like an idiot? Should only be a good thing for remainers, someone who is "playing the idiot" is sure to drive people to the other side.

  8. #8
    Sage
    Chagos's Avatar
    Join Date
    Mar 2015
    Location
    in expatria
    Last Seen
    Today @ 08:24 PM
    Gender
    Lean
    Private
    Posts
    21,387

    Re: UK’s Johnson threatens to withhold $50 billion Brexit payment

    Quote Originally Posted by DarkWizard12 View Post
    Well, as long as he delivers brexit, who cares if he wants to act like an idiot? Should only be a good thing for remainers, someone who is "playing the idiot" is sure to drive people to the other side.
    It's not a good thing for anyone at all and BoJo isn't going to do what he says anyway. For one thing he's not going to be allowed and, as I said, not being the idiot many like to make him out as being, he knows this. For another, the disastrous consequences of the UK tanking obligations it has agreed to, are known to him just as much.
    Quote Originally Posted by coldjoint View Post
    ~......................... I fully expect you to disappear ............~

  9. #9
    Conservative Independent
    DarkWizard12's Avatar
    Join Date
    Sep 2007
    Location
    Tyler TX
    Last Seen
    08-15-19 @ 05:57 PM
    Gender
    Lean
    Independent
    Posts
    9,243

    Re: UK’s Johnson threatens to withhold $50 billion Brexit payment

    Quote Originally Posted by Chagos View Post
    It's not a good thing for anyone at all and BoJo isn't going to do what he says anyway. For one thing he's not going to be allowed and, as I said, not being the idiot many like to make him out as being, he knows this. For another, the disastrous consequences of the UK tanking obligations it has agreed to, are known to him just as much.
    indeed, it seems Farage may become prime minister before Boris does.

  10. #10
    ★ ★ ★ ★ ★ ★
    Rogue Valley's Avatar
    Join Date
    Apr 2013
    Last Seen
    Today @ 07:08 PM
    Lean
    Independent
    Posts
    33,577

    Re: UK’s Johnson threatens to withhold $50 billion Brexit payment

    Quote Originally Posted by Chagos View Post
    If you need to have matters explained to you, you profess your ignorance.
    Well known on the domestic scene. Now also displayed regarding foreign topics.


    "All I know is what's on the Internet." — Donald Trump on "Meet the Press", Sunday, 13 March 2016

Page 1 of 12 12311 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •