UK Prime Minister Boris Johnson told French President Emmanuel Macron on Saturday that Britain remains committed to seeking a trade deal with the European Union but not at any cost.
The two spoke by telephone on Saturday, days ahead of Johnson’s self-imposed deadline for reaching an accord over the UK’s future relationship with the EU, according to an emailed statement from Downing Street.
Mr Johnson emphasised the need for a breakthrough in areas including fishing rights and state aid, confirming the U.K. wants a deal but that it’s prepared to walk away if a compromise can’t be reached, the statement said.
Britain and the EU are still at loggerheads on state subsidies for businesses as well as fishing -- with Macron pushing hard to keep the same access to British waters his country’s fleet enjoys currently.
The call is a sign that Johnson is getting personally involved in the Brexit negotiations. Last weekend, he spoke with European Commission President Ursula von der Leyen, after which both sides agreed to intensify their efforts to secure a deal. EU officials see the prime minister’s engagement and any conversations with EU leaders as a sign of progress in the discussions.
Barnier and his British counterpart David Frost will resume talks in Brussels on Monday, before EU leaders meet later in the week. The UK government has said it wants to see that a deal is possible by the time of that summit or it will walk away from the discussions. Officials in Brussels expect the British to remain at the negotiating table and for the talks to continue through the end of the month at least.
If the two sides fail to reach an accord, millions of consumers and businesses will face additional costs and disruption as quotas and tariffs are re-imposed for the first time in a generation. Such an outcome could also sour relations between the EU and its closest ally in foreign and security policy and have knock-on effects in areas ranging from aviation to finance and scientific research.
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The burning issue
The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.
Read part three: the age of the electric vehicle begins
Read part two: how climate change drove the race for an alternative
Read part one: how cars came to the UAE
The specs: 2018 Nissan 370Z Nismo
The specs: 2018 Nissan 370Z Nismo
Price, base / as tested: Dh182,178
Engine: 3.7-litre V6
Power: 350hp @ 7,400rpm
Torque: 374Nm @ 5,200rpm
Transmission: Seven-speed automatic
Fuel consumption, combined: 10.5L / 100km
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Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
Torque: 790Nm from 2,000-3,600rpm
Transmission: 10-speed auto
Fuel consumption: 11.7L/100km
On sale: Now
Price: From Dh590,000
Volvo ES90 Specs
Engine: Electric single motor (96kW), twin motor (106kW) and twin motor performance (106kW)
Power: 333hp, 449hp, 680hp
Torque: 480Nm, 670Nm, 870Nm
On sale: Later in 2025 or early 2026, depending on region
Price: Exact regional pricing TBA
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2.
3.
4.
5.
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Estimates of the number of deaths caused by the famine range from 400,000 to 1 million, according to a document prepared for the UK House of Lords in 2024.
It has been claimed that the policies of the Ethiopian government, which took control after deposing Emperor Haile Selassie in a military-led revolution in 1974, contributed to the scale of the famine.
Dr Miriam Bradley, senior lecturer in humanitarian studies at the University of Manchester, has argued that, by the early 1980s, “several government policies combined to cause, rather than prevent, a famine which lasted from 1983 to 1985. Mengistu’s government imposed Stalinist-model agricultural policies involving forced collectivisation and villagisation [relocation of communities into planned villages].
The West became aware of the catastrophe through a series of BBC News reports by journalist Michael Buerk in October 1984 describing a “biblical famine” and containing graphic images of thousands of people, including children, facing starvation.
Band Aid
Bob Geldof, singer with the Irish rock group The Boomtown Rats, formed Band Aid in response to the horrific images shown in the news broadcasts.
With Midge Ure of the band Ultravox, he wrote the hit charity single Do They Know it’s Christmas in December 1984, featuring a string of high-profile musicians.
Following the single’s success, the idea to stage a rock concert evolved.
Live Aid was a series of simultaneous concerts that took place at Wembley Stadium in London, John F Kennedy Stadium in Philadelphia, the US, and at various other venues across the world.
The combined event was broadcast to an estimated worldwide audience of 1.5 billion.
Red flags
- Promises of high, fixed or 'guaranteed' returns.
- Unregulated structured products or complex investments often used to bypass traditional safeguards.
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- Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
- Hard-selling tactics - creating urgency, offering 'exclusive' deals.
Courtesy: Carol Glynn, founder of Conscious Finance Coaching
The specs
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