Lloyds Banking Share Discussion Threads

[minerve 2] 22/6/2019 10:21

Very nice Alphorn, enjoy your day.

My daughter is in Florence today.

Looks like I'm in the garden mowing the lawn.

Short straw for me. :)

[alphorn] 22/6/2019 10:19

Some people seem to have forgotten that there are also global rules and regulations.

………;…...the 'W' in WTO may give you a clue.

Off to the beach.

[minerve 2] 22/6/2019 10:17

Oh dear!

They still don't get it!

ROFLMAO!

[maxk] 22/6/2019 10:17

Remainers cant see the two way street thing..

[maxk] 22/6/2019 10:16

Re: #262223

"The Bank of England governor, Mark Carney, has said that the UK would be hit automatically by tariffs on exports to the EU in a no-deal Brexit"




Carney makes it sound like it's a one way street, when trade is actually a two way street.

[poikka] 22/6/2019 10:13

"Mark Carney, has said that the UK would be hit automatically by tariffs on exports to the EU in a no-deal Brexit"

1. So would the EU, if no negotiations were in progress, which begs the obvious question. Keep the pressure up, Boris.

2. Then there's the small matter of how we, as an independent nation, decide to deal with tariffs.

3. Then there's the small matter of who would benefit most from tariffs received.

But that's irrelevant to Carney.

[minerve 2] 22/6/2019 10:12

So, can we put Gatt24 in the coffin?

Any other smart ideas whilst the ship continues to take in water?

ROFLMAO!

[minerve 2] 22/6/2019 10:11

Alphorn beats you all the time Poikka. He is a smarter and more accomplished individual. That is obvious to me.

[alphorn] 22/6/2019 10:06

Max #221. You have got it.


I posted this last week on my thread:

Some still seem to be in never never land:

"The Bank of England governor, Mark Carney, has said that the UK would be hit automatically by tariffs on exports to the EU in a no-deal Brexit, rejecting a claim made by Boris Johnson that this could be avoided.
Tory leadership candidate Johnson said this week that tariffs would not necessarily have to be paid if the UK left the EU without a deal because the UK could rely on article 24 of the general agreement on tariffs and trade (Gatt).
Some Brexit supporters have claimed that the Gatt, a treaty under the auspices of the World Trade Organization (WTO), would allow a “standstill221; in which tariffs are avoided, even in the absence of any agreement on trade.

Many trade experts say this is not the case without agreement from both sides. Carney cited the head of the WTO and Liam Fox, the minister for international trade who backed the Vote Leave campaign in 2016, to contradict Johnson.
Talking to the BBC, Carney said: “Gatt 24 applies if you have an agreement, not if you’ve decided not to have an agreement or have been unable to come to an agreement.
“Not having an agreement with the EU means that there are tariffs automatically because the Europeans have to apply the same rules to us as they apply to everyone else. If they were to decide not to put in place tariffs they also have to lower their tariffs with the United States, with the rest of the world. And the same would hold for us.”"

[poikka] 22/6/2019 10:04

Minerve - "Forget GATT 24 chimps."

Gatt XX1V chimp. Apparently it's not to be confused, and yes I do understand Roman numerals before you go off on one,

[maxk] 22/6/2019 10:00

GATT requires cooperation, so perhaps you are right.

[minerve 2] 22/6/2019 09:59

I'm sure Mr Carney is better informed than self-interested Brexiter columns.

[minerve 2] 22/6/2019 09:58

Mr Carney’s comments are supported by trade economists and lawyers, who have long been bemused by Brexiter arguments that the clause would allow British exports to continue to flow untaxed and without restrictions after a no-deal exit.


Forget GATT 24 chimps.

[maxk] 22/6/2019 09:56

Did you read Poikka's article Min?

[minerve 2] 22/6/2019 09:51

Great the BBC got it to the front page as a headline - AS THEY SHOULD!

We want to know what buffoon PM we are looking at getting, thanks to the ever so astute Tory party!

ROFLMAO!

[minerve 2] 22/6/2019 09:50

Love it! We can we have another 'Boris Blooper' in a few days please!

[minerve 2] 22/6/2019 09:49

By-the-way CHIMPS, most smartphones can record voice very well. You don't specialist equipment.

[minerve 2] 22/6/2019 09:46

stag6

We don't all have scumbag lager lout Friday nights!

Some of us are cultured.

LOL

[poikka] 22/6/2019 09:38

Boris should've called in that Tory MP bloke from Mansion House event, he'd have shown the 'lady' the door.

So who's to say that Boris was the problem in their dispute, apart from ever reliable slime ball Grieve, of course.

[poikka] 22/6/2019 09:35

Here's the link

hxxps://lawyersforbritain.org/a-simple-explainer-about-article-xxiv-of-the-gatt

[patientcapital] 22/6/2019 09:12

That's because there aren't any.