The leader of Britain’s opposition Labour Party, Jeremy Corbyn, will clarify the party’s position on Brexit this Monday in a move that could lead to a major parliamentary defeat for Prime Minister Theresa May. The Prime Minister has ruled out staying in any customs union with the European Union after Brexit because it would prevent the country from striking its own new trade deals with fast-growing economies such as China and India.
The following was published in the Penguin News, “Your Letters” section in response to the Falklands government last week’s release titled “Progress made towards establishing a second commercial Falkland Islands air link”
UK's approach to the next stage of Brexit negotiations seems to be based on pure illusion, Donald Tusk says. The European Council president told a news conference in Brussels that the UK was still trying to cherry pick its future relationship with the EU.
British Prime Minister Theresa May will set out “the way forward” for Brexit next week after a meeting with top aides on Thursday intended to resolve differences over strategy that are dividing her team, and frustrating European Union negotiators.
The UK economy expanded by less than previously thought in the last three months of 2017, official figures say. GDP grew by 0.4% in the October-to-December period, the Office for National Statistics (ONS) said, down from the initial estimate of 0.5%. The revision was due to slower growth in production industries, the ONS said.
Mexican buyers imported ten times more corn from Brazil last year amid concern that NAFTA renegotiations could disrupt their U.S. supplies, according to government data and top grains merchants. Mexico is on track to buy more Brazilian corn in 2018, which would hurt a U.S. agricultural sector already struggling with low grains prices and the rising competitive threat from South America.
Argentine farmers have agreed to pay perpetual royalties when they replant genetically modified seeds made by companies like Monsanto Co, a deal that could allow farmers access to the newest biotechnology.
The US arm of Japanese manufacturer Takata has reached a settlement with 44 US state attorneys-general into claims it concealed dangerous defects in its exploding airbags. The faulty airbags have been linked to at least a dozen deaths and more than 100 injuries worldwide. The settlement includes a civil penalty of about US$650m.
A statement entitled ‘Progress made towards establishing a second commercial Falkland Islands air link’ released last week by the Falkland Islands Government, but too late for publication in the Penguin News, has met with a mixed reception in the Islands. While some have expressed favor others have reservations and questions as witnessed by readers’ letters in this Friday edition.
Two British diplomats based in Latin America were visiting the Falklands this week, arriving on Sunday on the delayed LATAM flight after enjoying an unexpected one-night stopover in Punta Arenas. Making his second visit to the Falklands was His Excellency Ian Duddy, British Ambassador to Uruguay. He was accompanied by Richard Jones, Second Secretary at the British Embassy in Buenos Aires.