Of course it makes sense. However, the recent decision to exclude the UK from it (the UK already having contributed 1 billion pounds towards it's development) is at odds with the agreement today of the forming of a Joint European Military Intervention Force (note, not a European Army), of which the UK will be a part.
https://www.theguardian.com/world/20...rvention-force
more bad news for Brexishitters
What will Brexit mean for expat dogs?
https://www.bbc.com/news/av/world-eu...for-expat-dogs
A look at export values per country:
Apples and oranges..
The Gallilei GNSS positioning system is a EU project and Britain has decided to leave EU so will therefore not have access to EU projects no matter how much they have contributed to them in the past.
The European Military Intervention Force is a project outside of EU and that is intentionally so that any European country can join, member or not member of EU.
That's military defence, so the sneaky krauts constructed a cunning new plan to subjugate Europe, create a Union and a common currency on the pretext that this will bring peace to the continent, effectively undervaluing your own currency so that everyone pays through the nose for your quality goods, and when it starts going wrong bail out your banks by lending the suckers more money to keep buying, and find some Belgian pooftah to pimp what a great job you're doing.
And which positioning system (critical in modern military operations) will this new force use, and is it feasible to deny access to this system to one force participant because they are not a member of the EU? Get real, particularly as the UK will have on it's shelf the best resources of such a force.
^ It isn't just the UK that's been against an EU army. It has failed a few times due to individual country politics. This European intervention force is a smaller group of countries; it's a compromise solution that allows for non EU members. There are possibly a few deals being made which will allow the UK to continue in the Galileo project and maybe some other compromises will be made during the Brexit summit later this week. I don't think it is coincidence that the signing took place in the same week.
https://thedefensepost.com/2018/06/2...ter-of-intent/
Apologies for making it sound like the UK had signed up to PESCO.
I see BMW have issued their starkest warning yet and will close down their Cowley plant if the JIT principle is thwarted by departure from the SM and CU.
One wonders if our increasingly addled, gap-toothed, resident bathchair warrior flapping his gums in the Ridings and Hua Hin has taken note.
Apropos the 2CV, that was a fine vehicle and stood the test of time as evidenced by the longevity of its production. I was always bemused by the dynamics of this vehicle which in truth was never meant to travel fast but on the French autoroutes they seemed to bend the laws of physics. I drove many an hour down the Route du Soleil at speeds slightly over the limit but lost count of the number of times a 2CV would overtake me in a blur of bouncing mechanical chaos replete with the usual French driver clinging on for dear life with that maniacal look on his unshaven swarthy face sporting a half smoked Gitane dangling from his lip as he battled with a frisky steering wheel not entirely connected to his front wheels.
Amazing fuckers.
I can excuse modish, adolescent and stupid affectation in the young, the retarded and the unhinged but one does expect they try at the very least to make their asinine comments a little bit appropriate.
Very poor effort there and redolent of a fucking idiot.
stfu you charlatan
By the UK 'continuing in the project' it will mean they will have to continue having to pay until the satellites are up there and function and also contributing to any upkeep and maintenance by getting out now it will mean there will be no more financial contributions, a big plus for the UK.There are possibly a few deals being made which will allow the UK to continue in the Galileo project
As someone who has used GPS since its inception I have some understanding of how it works and know that the three systems that are up there at present are available to everyone, no exceptions.
Is there any reason to believe this EU project would be any different?
While it may be possible to encrypt a satellite system so only military or 'registered' user can have access to it who would bother paying for something they can get for nothing from the three systems that are functioning well and accurately.
There are various services on the GNSS and they all have the same precision which is slightly better than the U.S GPS.
Different reliability is the difference between the services which are:
open service (OS) for anyone
commercial service (CS) with faster updates. It is a pay service and there is no requirement of being in a EU country.
public regulated service (PRS) which is CS + encryption in order to protect from jamming or spoofing of the GNSS signal.
"PRS is primarily intended for use by EU Member State government authorised users, e.g. emergency services and police. Access to PRS is controlled through operational and technical means, including governmental grade encryption. Users not granted access to the service will be unable to access any information from the signal."
"PRS can provide support to a range of European public safety and emergency services, including:
- fire brigades
- health services (ambulance)
- humanitarian aid
- search and rescue
- police
- coastguard
- border control
- customs
- civil protection units. "
PRS is the service which Britain can not claim access to after Brexit. Negotiations + future funding can probably change that..
It's always nice to be proved right but perhaps more so when Brexit loons have their frazzled snouts rubbed in the ordure of their vacuous rhetoric and puerile propaganda.
I have always said that the Tory Kipper nut jobs were just wanking in the breeze thinking they could cherry pick deals on the movement of goods and the provision of services without free movement. But no, they and their lumpen supporters with fart for brains all cried " No, they'll blink first, they need us more than we need them. Who's going to buy their cars, eat thirr cheese and drink their Prosecco. They can't do without our City banks...blah...blah.....".
Well, interesting news today from the Spanish Foreign minister who has confirmed that France, Germany and Spain will not tolerate any concessions on trade without free movement. And that is it.
I have always said free movement is a core tenet of the EU and one of the finest achievements in modern European history. Who is going to sacrifice that for the sake of a bunch of money-grubbing, xenophobic English cvunts chiselling for a two-bit deal EU deal to make up for any losses from sucking American cock?
And from todays 'Times':
"Britain’s most senior banking regulator has hit back at claims by European officials that banks based in London are not ready for a hard Brexit, saying that this was “considerably wide of the mark”.
Andrew Bailey, chief executive of the Financial Conduct Authority, made a robust defence of the actions taken in the UK and followed up by weighing into the lack of preparation by his counterparts at the European Banking Authority (EBA).
“The idea that institutions in London have done no preparation, no thinking about Brexit, I’m afraid, and with all due respect to the EBA, is considerably wide of the mark,” he said at The Times CEO Summit in London.
In a dig at the decision by European regulators not to give UK banks operating in Europe the assurances needed to continue operating as normal after the Article 50 process ends in March, he added: “The idea that we leave firms to deal with transitional risk is wrong.”
UK regulators have given European firms assurances but these have not been reciprocated, leaving trillions of dollars’ worth of derivative and insurance contracts between London-based banks and European clients at risk in the event of a no-deal Brexit.
Mr Bailey was responding to a report from the EBA this week which claimed London-based firms were “delaying triggering the necessary actions” on Brexit contingency plans. It argued that firms should assess their access arrangements, which could result in “withdrawing from the relevant market”, the EBA said.
European regulators are playing hardball with the City in an attempt to drive business from London to Europe. Banks have triggered some contingency plans, moving some staff but nothing close to the 40,000 financial services jobs that were estimated to be at risk in the longer term last year by consultant Oliver Wyman.
Jamie Dimon, chief executive of JP Morgan, has cut his estimate of jobs that will be moved to Europe from 4,000 to 400. The head of UK operations at another major investment bank at The Times CEO Summit said that only 200 jobs had been moved as a result of Brexit.
“What never gets mentioned is that we relocated 5,000 people out of the UK over the previous five years for reasons that had nothing to do with Brexit,” he said.
The Bank of England has offered European firms “interim permissions” that will allow them to continue operating unimpeded in the event of a no-deal Brexit but the EBA is arguing firms should make their own contingency plans.
The Bank has insisted that firms cannot resolve the issue of cross-border contracts in time without legislation or co-operation owing to the scale of contracts in existence and the cost and resource required to rewrite them all."
https://www.thetimes.co.uk/edition/business/times-ceo-summit-british-banks-can-cope-with-a-hard-brexit-says-fca-chief-pk7q6r83p
Rupert Murdoch's mouthpiece touts Jamie Dimon as the voice of integrity.
Indeed, following in the wake of the motor manufacturers etc telling May the way it is going to be, we seem to be hit now with a flurry of counter spin by the FCA, as above, and by a nice bit of cuddling from the banks hoping to face both ways as they usually do. The thing is, they don't control what was said before or by others. The FCA last year fired a broadside across the bows of the property fund giants in the UK who they declared had made no provision for a hard Brexit protecting the billions under investment, the insurance industry has yet to even consider the extent of the new underwriting and compliance policies that need to replace those rendered invalid when hard Brexit severs old protocols, but the one I do like is the result of a Reuters survey of over 117 companies that resulted in the possibility that lost jobs from the City to Paris and Frankfurt, etc, would not be as high as feared but would now amount to around 5,000. The kicker is, the banking industry still thinks there is a possibility the EU is going to accommodate them in a Brexit deal.
Whooudda thunk it, eh? Banks with their heads up their arses.
The decision when it is released will be a "Shock, Unprecedented in 300 years of the City of London's History", The blame will be assigned to the EU and not one politician will resign in disgust.
Jamie and his buddys will make a tidy profit and UK citizens will realise their financial plans have been cancelled/raped/sold on to the bailiffs and are now officially kaput.
How many here have contacted their UK based financial asset managers to enquire and be legally told, "It will make not an iota of difference" to your investments, pensions or growth? Any notification of increased fees, growth rates diminishing due to BREXIT or Staying aboard?
Last edited by OhOh; 27-06-2018 at 02:00 PM.
A tray full of GOLD is not worth a moment in time.
Brussels 1
England 0
Seems wonderfully prophetic about Brexshit
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