Bezos’s accusation last night that National Enquirer owner American Media Inc. is trying to blackmail him had everything: Extortion, murder, politics, a billionaire’s private parts. It inspired both HuffPost and the elder Post to write the mathematically perfect tabloid headline, which I will not reprint in this wholesome family newsletter. More seriously, this is the latest and weirdest front in a clash of titans pitting the President of the United States against the World’s Richest Man.
Brussels is preparing to reduce the threshold at which businesses start paying VAT from a turnover of £85,000 to £76,700 in a bid to „harmonise“ tax systems.
MPs on the EU scrutiny committee warned Britain will have to accept the move if it comes into force after Brexit in March 2019 because it will lose its right to veto the plans.
In an interview with The Independent, the Labour leader said he believed the prime minister and her allies were engaged in a “cynical manoeuvre” to run down the clock and offer MPs the “choice of the devil or the deep blue sea”.
His remarks come as the Commons prepares to vote on the UK-EU deal in the week beginning 14 January – in what is being billed as the most significant moment in parliament for a generation.
The fortress walls of the Bank of England project an image of solidity, stability and impregnability. It matches the reputation it has tried to build over more than 400 years for sober analysis and, in recent years, steady impartiality.
Yet its defences have been infiltrated.
The Bank of England sparked a row today after publishing analysis of its ‘worst case Brexit scenario’ just 13 days ahead of a crucial Parliamentary vote on Theresa May’s deal.
The Remain campaign put economic risk front and centre – and they lost. And yet the anti-Brexit set still seem convinced that more gloomy prognostications will eventually bring Leave voters to their senses.
They’re wrong. So painfully wrong that it is hard not to put it down to pig ignorance.
Yesterday, the UK government and the Bank of England separately presented their analyses of several different ‘scenarios’ for the UK economy after Brexit. Unsurprisingly, given the anti-Brexit prejudices in establishment circles, both conclude that the best result for us would be to remain in the EU.
(28.11.2018) Brexiteer Jacob Rees-Mogg has dismissed the governor of the Bank of England as „a second-tier Canadian politician“ who „got a job in the UK“.
(25.10.2017) He added: “Mark Carney is one of the enemies of Brexit. He has opposed it consistently.”
Carney, the Canadian central banker who was handpicked in 2012 for his role at the Bank by George Osborne when chancellor, warned about the economic risks of Brexit during last year’s referendum campaign.
– Brexiteers have lashed out after the government issued Brexit deal forecasts
– Official government analysis admits every Brexit option is bad for the economy
– The PM’s proposals would see growth 2.5 per cent lower over a 15-year period
– But no-deal could deliver a 10 per cent hit to GDP, the new estimates suggest
Bank warns of immediate economic crash, GDP to fall by 8%, unemployment to rise to 7.5%
EU leaders have challenged MPs to either back Theresa May’s Brexit deal or face up to the economic consequences of crashing out of the bloc.
But MPs would then stare into the „abyss“, she said, recognise that a no-deal Brexit would be a disaster and another referendum too risky, and would then approve the deal – perhaps slightly modified – when brought back to them a second time.
This is what ministers refer to as the „TARP model“ – as recently coined by former government aide Rupert Harrison.
For the uninitiated, TARP was the US scheme to bail out bust banks after the Crash in 2008.
Whom Americans vote for is private. But other information in their state voter files is public information; depending on the state, it can include details like their name, address, phone number and party affiliation and when they voted. The apps try to match the people in a smartphone’s contacts to their voter files, then display some of those details.