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body | "<html> <p>https://cdn.steemitimages.com/DQmVjYo69KzvbYSWCHSb9FVUbwYh7hRyTcgWV7RZrbDPcym/image.png</p> <p>The European Union will be making a “massive miscalculation” if it thinks the UK is not ready to walk away from Brexit talks without a deal, David Davis said.</p> <p>The ex-Brexit secretary’s comments followed Liam Fox’s assessment that the probability of a no-deal outcome was “60-40”.</p> <p>Mr Davis – who spent months negotiating with Michel Barnier before quitting over Theresa May’s Chequers plan – insisted that EU member states had more to lose from a failure to reach an agreement than the UK.</p> <p><br></p> <p>He told the Daily Telegraph: </p> <blockquote>This has great scope for being a massive miscalculation on the part of the EU that could end up with no deal by accident.</blockquote> <p><br></p> <p>“It’s certainly not the intention of the EU to have a no-deal Brexit but they are misjudging us at the moment. The UK Parliament does not want no deal but it’s certainly not going to be pushed around by the European Parliament.</p> <p><br></p> <p>https://www.youtube.com/watch?v=H1SZ040f5LY</p> <p><br></p> <p>“I’ve always thought that no deal is better than a bad deal and while there will be border issues and so on… it would give us more freedom.</p> <p>“I’m still of the view that we have got two things on our side – we have got our own currency and we are masters of our own destiny in a way that EU member countries are not.</p> <p><br></p> <p>“This is a negotiation and it will go to the edge, but we must not panic about this.</p> <p><br></p> <blockquote>They have got lots to lose too, and specific countries and specific sectors have got large amounts to lose. As we get closer to the brink, there will be internal pressure within the EU.</blockquote> <p><br></p> <p>The UK Prime Minister met French president Emmanuel Macron for face-to-face talks at his summer retreat on Friday and ministers have been dispatched across the continent to deal directly with their counterparts in what has been seen as an attempt to cut out Mr Barnier and the European Commission’s bureaucrats.</p> <p><br></p> <p>https://cdn.steemitimages.com/DQmR4DPTRfxadLPFgtUbXzXHxAUrhjyJM7f48yRon6cVd3q/image.png</p> <p><br></p> <p>Solicitor General Robert Buckland indicated that the UK Government believes the leaders of the 27 EU states will come to play a more significant role as the deadline for a deal approaches in the autumn.</p> <p><br></p> <p><strong>The Government’s policy is to get a deal and that chimes entirely with what I think is in the best interests of our country,” he told BBC Radio 4’s Westminster Hour.</strong></p> <p><br></p> <blockquote>The reality is that as we get close to the wire, the views of the member states will become more important.</blockquote> <p>The UK and EU hope to reach a deal by October, in order to give MPs and MEPs chance to scrutinise it.</p> <p>But Mr Buckland said that if that date slipped to November, there would still be time – although he hinted the Commons’ Christmas break could be cut short.</p> <p><br></p> <p>“The clock is ticking, parliamentary time will be very tight,” he said.</p> <p><br></p> <blockquote>I don’t think that needs to be emergency legislation, I think it can be done on the floor of both Houses, but we are going to have to perhaps look at a few recesses and actually the time that we use in Parliament in order to make sure that everything is thoroughly debated.</blockquote> <p>UK Government sources have suggested that the EU’s own Lisbon Treaty could legally require Brussels to work towards a deal, the Telegraph reported.</p> <p>Article 8 of the treaty states that the EU must “develop a special relationship with neighbouring countries, aiming to establish an area of prosperity and good neighbourliness, founded on the values of the Union and characterised by close and peaceful relations based on cooperation”.</p> <p>Mr Davis said: “The Lisbon Treaty requires them to come up with a workable arrangement and that’s certainly not the description of their behaviour at the moment.”</p> <p>Labour warned that a no-deal scenario would be a “catastrophic failure of government” in response to Dr Fox’s assessment.</p> <p>The British International Trade Secretary used a Sunday Times interview to blame the “intransigence” of the European Union for the current impasse in Brexit talks.</p> <p><br></p> <p>https://cdn.steemitimages.com/DQmXqM3vPX19NFboBbsiPY23QSC9zkD8k81FPHVGYLAVDU7/brexD.PNG</p> <p>But shadow Brexit secretary Sir Keir Starmer said Prime Minister Theresa May’s “reckless red lines” had contributed to the difficulties, along with splits in the Tory ranks and “fantasy Brexiteer promises”.</p> <p><strong>He indicated that Parliament should prevent the UK crashing out without a deal.</strong></p> <p>Pro-EU Tories also suggester Parliament could step in to ensure the UK remains in the single market if no other deal is available.</p> <p>Former Cabinet minister Nicky Morgan said keeping the UK in the single market as part of the European Economic Area (EEA) or European Free Trade Association (EFTA) was “clearly (the) right option”, adding “will PM move that way or does Parliament have to force issue?”</p> <p>Former minister George Freeman said that after the “failure of the 2016-18 Brexit Cabinet to plan, prepare for and negotiate a sensible, smooth and pro-business bespoke Brexit”, more Tories were coming round to the view that an EEA/EFTA solution was necessary.</p> </html>" |
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body | "<html> <p><strong>The prospect of the UK not reaching a deal on its departure from the EU has risen in recent weeks, amid tight votes at Westminster and Brussels, expressing opposition to UK prime minister, Theresa May’s latest proposals on customs.</strong></p> <p>https://cdn.steemitimages.com/DQmZWnww2tE9pZfU8uXahE9Jtx2wtaeuLsjXtf4hA91hbKg/image.png</p> <p><br></p> <p>The Irish food industry has been watching politicians battle it out for the past two years. There has been no resolution or concrete proposal. But with seven months to go until the UK is to leave the EU and with warning commentary from Bank of England governor, Mark Carney, a no-deal exit is increasingly likely, and so executives in the agri-food industry are accelerating their damage-limitation plans.</p> <p>The purchase of the UK’s 2 Sisters food group by the Meath-based Kepak group is a typical example of the industry’s proactivity in ensuring that whatever the outcome of the negotiations between Theresa May’s government and Michel Barnier’s EU, they will maintain their market share in Britain.</p> <p>Kepak’s acquisition gives it a further five facilities across the UK: three sites in Cornwall, in south-west England, as well as one in southern Wales and another in the north-east of Scotland. Kepak described the deal as a “strategic growth acquisition”. It said the move would be a hedge against Brexit and currency fluctuations, and would support its “meat-based, value-added business”.</p> <p><br></p> <p>https://cdn.steemitimages.com/DQmdDDCRLo6jPydrcmRohFVR4xNX9sD8rWDF2BKjcHTdjpm/image.png</p> <p><br></p> <p>This is typical of the strategic decisions being taken by Ireland’s major food businesses to ensure they maintain their UK retail, food-service, and manufacturing relationships.</p> <p>Others in the meat sector are doing similar. In June, the Larry Goodman-owned ABP Food Group announced €19m for the planned redevelopment of its Perth processing plant, in Scotland.</p> <p>Last year, Dawn Meats entered into a strategic partnership with rival, Dunbia, which will see the establishment of a joint venture in the UK, comprising the UK operations of both organisations. Dunbia’s considerable presence in the UK — it has two large plants in the North and seven in Britain — provides Waterford-based Dawn with a Brexit buffer, as well as cementing its UK supply chain.</p> <p>These diversifications give hedging options against the anticipated, high-frequency currency fluctuations, as the Brexit process works its way through the economy. Of course, it also provides useful options to arrange suitable “transfer pricing” between supplies of meat from farmers and abattoirs in Ireland and their wholesale outlets in the UK, to militate against the anticipated, 40% customs tariff, if the World Trade Organisation fall-back occurs.</p> <p><br></p> <blockquote>The ‘transfer pricing’ tactic has been used by multinationals the world over to limit the damage to pricing when trade wars suddenly result in tariffs on goods crossing borders</blockquote> <p><br></p> <p><strong>To give an extreme example, Irish companies with subsidiaries in the UK can opt to sell a €200 side of beef by means of a transfer pricing arrangement to their UK subsidiary for, say, €20.</strong></p> <p><br></p> <p>In the process, they are paying 40% import tariff into the UK on €20, as opposed to paying the high tariff on the open market price of €200. There is additional benefit, in that the higher profits are declared in the Irish-based company attracting the 12.5% corporation tax, rather than the higher rate, if declared by the UK subsidiary.</p> <p>The enormity of the unique exposure of the meat industry to Brexit can be gauged from the Bord Bia report that some 50% of all Irish beef exports went to the UK last year, valued at €1.25bn. The critical importance of the market continues to be reflected in the export figures for the five months to May, when Irish beef exports accounted for 70% of the UK’s total beef imports.</p> <p>The interconnectedness of the agri-food industry, across the UK and Ireland, is even more evident in the dairy sector, where Glanbia, Ornua, Lakeland Dairies, Dairygold and the rest of Ireland’s dairy industry, dominate the British market.</p> </html>" |
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body | "<html> <p>https://cdn.steemitimages.com/DQmaUVqfeS3NYDw7AnCHTddRbiiEmShG9Bp8Tubz4mN4aN5/image.png</p> <p><br></p> <p>Long-time PepsiCo CEO Indra Nooyi will step down as the top executive at the world’s second-largest food and beverage company. Ms Nooyi, who was born in India, is a rarity on Wall Street as a woman and a minority leading a Fortune 100 company.</p> <p>She oversaw the company during a turbulent time in the industry that has forced PepsiCo, Coca-Cola, Campbell Soup and Mondelez International to shake up product portfolios that had been the norm for decades as families seek healthier choices.</p> <p><br></p> <p>https://cdn.steemitimages.com/DQmedHFJB4jE4g4ZgFjgbZhshzzByU8A9PJPKA1T4CDuQLD/image.png</p> <p><br></p> <p><strong>Ms Nooyi, 62, has been with PepsiCo for 24 years and has held the top job for 12.</strong></p> <p>Ramon Laguarta, who has been with the company for more than two decades, will take over as CEO in October, the company said. Ms Nooyi will remain as chairman until early next year.</p> <p>“<strong>Today is a day of mixed emotions for me. This company has been my life for nearly a quarter century and part of my heart will always remain here</strong>,” she said.</p> <p><em>“But I am proud of all we’ve done to position PepsiCo for success, confident that Ramon and his senior leadership team will continue prudently balancing short-term and long-term priorities, and excited for all the great things that are in store for this company.”</em></p> <p>Ms Nooyi took over as CEO in October 2006. Between 2007 and 2017, revenue at Pepsico has risen about 61%.</p> <p>Mr Laguarta, 54, has held various positions in his 22 years at PepsiCo, which is based in Purchase, New York. He currently serves as president, overseeing global operations, corporate strategy, public policy and government affairs.</p> <p>https://cdn.steemitimages.com/DQmWuFsYAyLeDnhQ1oRjpUSnqqGCBLCFWSmModJ1eATZt5S/image.png</p> <p>He previously served as CEO of the Europe Sub-Saharan Africa region. Prior to joining PepsiCO, Mr Laguarta worked at confectionery company Chupa Chups. He will be the sixth CEO in PepsiCo’s history, with all of them coming from within the company.</p> </html>" |
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body | "<html> <p>https://cdn.steemitimages.com/DQmciTivA2z9eM1xmwcsfJwTV1DZoqnqpzppNvcVNmcV9ch/image.png</p> <p>Poundworld’s founder Chris Edwards has criticised how the retailer was run before it collapsed, saying the business was “very badly managed” by its private equity owner TPG Capital.</p> <p><br></p> <p><strong>Mr Edwards founded Poundworld in 1974 and sold it to TPG for £150 million three years ago.</strong></p> <p><br></p> <p>The budget retailer’s final stores are set to close by August 10 after the chain fell into administration on June 11, with TPG blaming the collapse on the decline in the UK retail sector and a change in consumer behaviour.</p> <p><br></p> <blockquote>They started selling multi-price products completely ignoring Poundworld's USP</blockquote> <p><em>Chris Edwards</em></p> <p><br></p> <p>However, Mr Edwards, who tried to buy around 180 stores out of administration, has torn into TPG, saying Poundworld’s collapse wasn’t related to Brexit, the internet, or sterling’s devaluation.</p> <p><br></p> <p>Mr Edwards said: “<code>The new owners made expensive decisions that the business couldn’t take</code>.</p> <p>“They started recruiting people from supermarket backgrounds, who didn’t understand the discount, fixed-price model and with this they blew the firm’s wage structure.</p> <p>“Then, they started selling multi-price products completely ignoring Poundworld’s USP, which was its amazing range of products that were all priced at just a pound.”</p> <p><br></p> <p>Mr Edwards said he raised concerns to TPG, sometimes through his lawyers, about how Poundworld was being run, but that his comments “fell on deaf ears”.</p> <p><br></p> <p><strong>The retail boss also accused Poundworld’s administrators at Deloitte of deliberately slowing down the sale process to generate money from the liquidation of the stock.</strong></p> <p><br></p> <p>“In my opinion the administrator deliberately slowed down any potential sale of the business to generate more cash, with no thought for the jobs that would be lost.</p> <p>“<code>In the last seven weeks, I’d estimate the business turned over approximately £40 million and we’ll wait and see where this money ends up </code>,” he added.</p> </html>" |
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permlink | re-broncnutz-diamond-and-silk-facebook-censorship-nobody-cares-20180806t211037544z |
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title | "" |
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body | "I do care and I just linked to your article in my new post about them and about Alex Jones being banned off the Internet." |
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json_metadata | {"tags":["government"],"app":"steemit/0.1"} |
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extensions | [] |
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transaction_id | 3c6e0ce340dcb5d0bb8b100f55312f7a441797eb |
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block_num | 24,840,417 |
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transaction_num | 32 |
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33. | ref_block_num | 2,269 |
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ref_block_prefix | 3,353,567,170 |
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expiration | 2018-08-06 21:11:36 |
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operations | 0. | 0. | vote |
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1. | voter | gennaivlin |
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author | tag177 |
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permlink | banjo-cleverbot |
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weight | 10,000 |
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extensions | [] |
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transaction_id | c5254f563339ee80fe6716f00ed7195ed469c0a9 |
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block_num | 24,840,417 |
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transaction_num | 33 |
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