Irish Foreign Minister Simon Coveney wearing a face mask, is seen in Brussels, Belgium. REUTERS/Yves Herman/File Photo
Irish Foreign Minister Simon Coveney wearing a face mask, is seen in Brussels, Belgium. REUTERS/Yves Herman/File Photo
Irish Foreign Minister Simon Coveney wearing a face mask, is seen in Brussels, Belgium. REUTERS/Yves Herman/File Photo
Irish Foreign Minister Simon Coveney wearing a face mask, is seen in Brussels, Belgium. REUTERS/Yves Herman/File Photo

Irish say Brexit talks 'not in a good place' in final days


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Ireland’s Foreign Minister Simon Coveney told British leaders that talks on a post-Brexit trade deal were not in a good place as fears mount that a deal cannot be done in the handful of days left to seal agreement.

In particular, Mr Coveney, who said "fish don't have passports", pointed on Monday to the outsize importance of a fisheries compromise in the quest for a breakthrough.

“It’s a lot more emotive, and a lot more political, quite frankly,” he said. “What the British government has promised to their fishing industry, versus Michel Barnier’s negotiating mandate from the EU is a very, very wide gap.

"The negotiations are not in a good place when it comes to fishing."

The UK’s chief Brexit negotiator David Frost also said the talks may not succeed, raising concerns about the likelihood of a no-deal impasse.

Mr Frost was commenting as he arrived in Brussels ahead of a crucial week for UK-EU talks. The timetable for both sides to reach a deal is getting tight, with the EU withdrawal transition period ending on December 31, but a ratification process must also be taken into account.

The British negotiator said his team was working to get a deal, but only “one that is compatible with our sovereignty” and “takes back control of our laws, our trade, and our waters".

Any suggestion of a softer attitude towards Brexit after the departure of Boris Johnson’s chief adviser and architect of Brexit, Dominic Cummings, was scotched by the British side.

Senior British backbenchers, who support Brexit, told The National on Monday that they have complete confidence the UK will not give way on questions affecting Britain's sovereignty – be that fishing or the courts of justice – before going on to say that if the EU is unable to accept that there will be no agreement.

Mr Coveney also said there would be no deal if Mr Johnson pushed ahead with his controversial Internal Market Bill, which would give ministers the power to break international law by “dis-applying” agreed rules set out in the Withdrawal Agreement in relation to trade between Northern Ireland and Britain.

“There is no way the EU will agree to ratify a new agreement if the British government is breaking the existing agreement that is not even 12 months old, and breaking international law by doing that,” Mr Coveney said.

Even with a deal there will be a substantial increase in the burdens of doing business with Europe even if that pales in significance to the fallout from a collapse in the talks.

"No-deal would be more disruptive for agriculture or the automotive industry – but the key point is people need to prepare for life in the UK to change from January 1, 2021," Jill Rutter, senior research fellow at UK in a Changing Europe, told The National.

“The deal Boris John seems to want is still incredibly disruptive. There will be more paperwork for everyone, not just businesses. Travel will be disrupted, EU roaming charges will be back, a lot of the things we have taken for granted over the years will be gone. We can talk about ‘level playing fields’ but these are the things people will actually see change almost immediately,” she said.

The talks are stalled on a number of sticking points, mainly fishing rights in British waters and the "level playing field" conditions for businesses. Compromise will be the word floating around Brussels this week but both sides appear to be digging in and time is not on their side.

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What sanctions would be reimposed?

Under ‘snapback’, measures imposed on Iran by the UN Security Council in six resolutions would be restored, including:

  • An arms embargo
  • A ban on uranium enrichment and reprocessing
  • A ban on launches and other activities with ballistic missiles capable of delivering nuclear weapons, as well as ballistic missile technology transfer and technical assistance
  • A targeted global asset freeze and travel ban on Iranian individuals and entities
  • Authorisation for countries to inspect Iran Air Cargo and Islamic Republic of Iran Shipping Lines cargoes for banned goods
Key findings of Jenkins report
  • Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
  • Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
  • Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
  • Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
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Wealth managers recommend late investors to have a balanced portfolio that typically includes traditional assets such as cash, government and corporate bonds, equities, commodities and commercial property.

They do not usually recommend investing in Bitcoin or other cryptocurrencies due to the risk and volatility associated with them.

“It has produced eye-watering returns for some, whereas others have lost substantially as this has all depended purely on timing and when the buy-in was. If someone still has about 20 to 25 years until retirement, there isn’t any need to take such risks,” Rupert Connor of Abacus Financial Consultant says.

He adds that if a person is interested in owning a business or growing a property portfolio to increase their retirement income, this can be encouraged provided they keep in mind the overall risk profile of these assets.

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China and the UAE agree comprehensive strategic partnership

China and the UAE forged even closer links between the two countries during the landmark state visit after finalising a ten-point agreement on a range of issues, from international affairs to the economy and trade and renewable energy.

1. Politics: The two countries agreed to support each other on issues of security and to work together on regional and international challenges. The nations also confirmed that the number of high-level state visits between China and the UAE will increase.

2. Economy: The UAE offers its full support to China's Belt and Road Initiative, which will combine a land 'economic belt" and a "maritime silk road" that will link China with the Arabian Gulf as well as Southeast, South and Central China, North Africa and, eventually, Europe. 

3. Business and innovation: The two nations are committed to exploring new partnerships in sectors such as Artificial Intelligence, energy, the aviation and transport industries and have vowed to build economic co-operation through the UAE-China Business Committee.

4. Education, science and technology: The Partnership Programme between Arab countries in Science and Technology will encourage young Emirati scientists to conduct research in China, while the nations will work together on the peaceful use of nuclear energy, renewable energy and space projects. 

5. Renewable energy and water: The two countries will partner to develop renewable energy schemes and work to reduce climate change. The nations have also reiterated their support for the Abu Dhabi-based International Renewable Energy Agency.

6. Oil and gas: The UAE and China will work in partnership in the crude oil trade and the exploration and development of oil and natural gas resources.

7. Military and law enforcement and security fields: Joint training will take place between the Chinese and UAE armed forces, while the two nations will step up efforts to combat terrorism and organised crime. 

8. Culture and humanitarian issues: Joint cultural projects will be developed and partnerships will be cultivated on the preservation of heritage, contemporary art and tourism. 

9. Movement between countries: China and the UAE made clear their intent to encourage travel between the countries through a wide-ranging visa waiver agreement.

10. Implementing the strategic partnership: The Intergovernmental Co-operation Committee, established last year, will be used to ensure the objectives of the partnership are implemented.

 

 

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UAE currency: the story behind the money in your pockets
The story in numbers

18

This is how many recognised sects Lebanon is home to, along with about four million citizens

450,000

More than this many Palestinian refugees are registered with UNRWA in Lebanon, with about 45 per cent of them living in the country’s 12 refugee camps

1.5 million

There are just under 1 million Syrian refugees registered with the UN, although the government puts the figure upwards of 1.5m

73

The percentage of stateless people in Lebanon, who are not of Palestinian origin, born to a Lebanese mother, according to a 2012-2013 study by human rights organisation Frontiers Ruwad Association

18,000

The number of marriages recorded between Lebanese women and foreigners between the years 1995 and 2008, according to a 2009 study backed by the UN Development Programme

77,400

The number of people believed to be affected by the current nationality law, according to the 2009 UN study

4,926

This is how many Lebanese-Palestinian households there were in Lebanon in 2016, according to a census by the Lebanese-Palestinian dialogue committee