I haven’t read the 1,246 pages of the EU-UK trade agreement, so I’m going to rely on trusted sources to make sense of the accord.
First, a couple of notes on terminology.
This treaty, the EU-UK Trade and Cooperation Agreement, governs the future cross-Channel relationship. It is due to go into effect on January 1, although it will still need to be ratified by the parliaments of the European Union and the United Kingdom as well as the European Council.
Last year’s withdrawal agreement regulated Britain’s exit from the EU. It provided for a one-year transition period, which expires on December 31, and included a protocol for Northern Ireland, which keeps the province in the European single market for goods and effectively (but not legally) in the EU customs union to avoid the need for a border with the Republic of Ireland.
Both treaties have been unhelpfully referred to as “the deal” in the English-speaking press, but only the withdrawal agreement was crucial. The trade agreement, while good to have, since Britain does most of its trade with the EU, was always optional. Read more “What to Make of the EU-UK Trade Agreement”
The EU could face its own version of a government shutdown in January if Hungary and Poland veto the bloc’s seven-year budget and coronavirus recovery fund, worth a combined €1.8 trillion, at this week’s European Council.
The far-right governments of the two countries oppose the introduction of a rule-of-law conditionality for EU subsidies. Hungarian and Polish voters, and other European countries, favor the proposal.
If leaders don’t find a solution this Thursday and Friday, the European Parliament would not have time to ratify the spending plans before the new year. The council isn’t due to meet again until March. Read more “EU “Government Shutdown” Looms”
Joe Biden, who was declared the winner in America’s presidential election on Saturday, would return the United States to the Paris climate agreement and the World Health Organization; rejoin the Iran nuclear deal if Iran complies with its terms; extend the New START nuclear arms reduction treaty with Russia; and end America’s support for the Saudi-led war in Yemen. Read more “What Biden’s Victory Means for the World”
Donald Trump has consistently sided against Europe and European interests, from raising tariffs on European exports to rescinding the Intermediate-Range Nuclear Forces and Open Skies Treaties — which protected Russia’s neighbors — to paralyzing the G20 and the World Trade Organization to withdrawing from the Iran nuclear deal, the Paris climate accord, New START and the World Health Organization.
It’s no wonder Europeans prefer Joe Biden — from between 58 percent of Italians to 80 percent of Danes, according to YouGov.
Donald Trump has lost support across demographics since 2016. The president is down with white voters and voters of color; men and women; Catholics and Jews; millennials and boomers.
National polls give the Republican an average of just 42 percent support against 52 percent for Joe Biden.
However, because Democrats cluster in big cities, which are underrepresented in the Electoral College, Biden needs to win by 3 points nationally to have an even chance of winning the election.
Trump’s hope is to keep his losses among four (partially overlapping) constituencies in the states which hold the balance in the Electoral College to a minimum: white voters with and without a college degree, women and Latinos. Read more “Demographics of the American Election”
Presidential and congressional elections will be held in the United States on November 3. Democrats have nominated former vice president Joe Biden against Republican incumbent Donald Trump. All 435 seats in the House of Representatives and 35 of the 100 seats in the Senate will also be contested.
France has unveiled a $100 billion stimulus program, worth 4 percent of GDP over two years, to help its economy recover from the effects of COVID-19.
The money is split almost equally between support for businesses, investments in the green economy, and health and social programs. It comes on top of the €460 billion France has spent on exemptions from social charges, furlough subsidies and soft loans to keep businesses afloat.