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Ex-Minister: TTIP Failure Boosts US-UK Trade Deal Prospects
September 20, 2016
Observing that negotiations over the Transatlantic Trade and Investment Partnership between the US and the EU "are not looking good," former UK Trade Minister Lord Francis Maude has called on British and US negotiators to use the underlying basis of the deal to come to a quick free trade deal between the countries following Brexit.
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Bank Chief: "Hard" Brexit Would Strip Passporting Rights
September 20, 2016
German Central Bank President Jens Weidmann has warned that UK banks will not be able to maintain their "passporting" rights, or the privilege to conduct operations across EU member states, if Britain does not remain at least in the European Economic Area, which would require acceptance of the free movement of people from the EU.
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UK Issues Veto Threat over EU Military Plans
September 20, 2016
Warning against "unnecessarily duplicating what we already have" in the North Atlantic Treaty Organization, British Defence Secretary Sir Michael Fallon has pledged to continue to halt plans for an EU "common military force" while his country remains a member of the bloc.
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EU Leaders Mull Common Military Proposals
September 19, 2016
The New York Times reports that, as leaders of France, Germany, and EU institutions face eroding confidence in trade negotiations and economic centralization, they are turning to the potential creation of a common EU military force as a strategy to regain citizens' trust following the UK's vote to exit the bloc.
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German Lawmaker Proposes Multi-tiered EU
September 19, 2016
Reuters reports that German lawmaker Norbert Roettgen, who chairs the national parliament's foreign affairs committee, has called for the development of a new EU model in which countries would join different circles of integration and would not be required to accept free movement of people in exchange for access to the bloc's "single market."
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