Tag Archives: expects

Germany expects No Deal and will not renegotiate, says leaked briefing

Germany expects No Deal and will not renegotiate, says leaked briefingGermany expects a No Deal Brexit and is not prepared to renegotiate the withdrawal agreement, according to leaked details of an internal briefing paper for Angela Merkel’s government. The leaked paper is the first evidence that Germany may be preparing to let Britain walk away with No Deal rather than back down to Boris Johnson’s demand to drop the Irish backstop. The paper was prepared by civil servants for the German finance minister, Olaf Scholz, ahead of face-to-face talks with the chancellor of the exchequer, Sajid Javid, in Berlin on Friday.  In public, Mr Scholz has said Germany will do everything it can to secure a deal with the UK. But according to details leaked to the usually reliable Handelsblatt newspaper, the briefing paper calls for the European Union to stick to its previous line of refusing to renegotiate the withdrawal agreement. It warns that there is now a “high probability” of a No Deal Brexit on October 31, but says  the EU must not "lose its nerve". Preparations  by Germany and the rest of the EU-27 to manage the impact of No Deal are “largely complete”, and the European Commission is not planning any further emergency measures, it says. Mr Javid is the first senior minister from the Johnson government to hold face-to-face talks with his German counterpart Credit: TOLGA AKMEN/AFP The paper says it is “currently unforeseeable that Prime Minister Johnson will change his tough negotiating position” and predicts that he may use next weekend’s G7 summit in Biarritz for a “big moment” to announce success or failure in negotiations. “Against this background, it is important from the EU perspective to stick to the previous line” of refusing to renegotiate the withdrawal agreement, it  says, adding that even if the EU were to agree to drop the Irish backstop, it is not clear that Mr Johnson would be able to win approval for a revised withdrawal agreement in parliament. The UK has made repeated attempts to split the EU side, and “the EU-27’s unity  in adhering to the negotiated exit agreement” has been “decisive”, the paper says. Germany has already passed more than 50 laws and measures to deal with the impact of a No Deal Brexit, and the paper provides details of arrangements in the finance ministry’s area of tax and banking.  It cites a transitional agreement between the Financial Conduct Authority (FCA) and BaFin, the German financial regulator on cross-border financial services, and says German customes authorities are prepared for the increased workload expected under No Deal.



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Ex-White House Lawyer Greg Craig Expects Indictment, Lawyers Say

Ex-White House Lawyer Greg Craig Expects Indictment, Lawyers Say“This case was thoroughly investigated” by the office of the U.S. Attorney in Manhattan, William Taylor and William Murphy, Craig’s lawyers, said in a joint statement. “That office decided not to pursue charges against Mr. Craig.



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Russia savors Mueller's report but expects tensions to stay

Russia savors Mueller's report but expects tensions to stayMOSCOW (AP) — Russia savored an "I told you so" moment Monday after special counsel Robert Mueller found no collusion between President Donald Trump's campaign and Moscow. Government officials also dismissed the extensive evidence uncovered by Mueller of Russian cyber-meddling in the 2016 presidential election.



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PG&E likely started the Camp Fire and expects a $10.5B impact to its bottom line, it tells regulators

PG&E likely started the Camp Fire and expects a $  10.5B impact to its bottom line, it tells regulatorsAmid PG&E's bankruptcy, the company notified investors that the evidence points to its transmission equipment, In a regulatory filing.



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Bangladesh opposition leader expects victory if vote is fair

Bangladesh opposition leader expects victory if vote is fairDHAKA, Bangladesh (AP) — When the founding leader of Bangladesh, father of current Prime Minister Sheikh Hasina, was assassinated in 1975 after helping achieve independence from Pakistan, then-Foreign Minister Kamal Hossain abandoned a state visit in Europe to rush to her side.



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Bangladesh opposition leader expects victory if vote is fair

Bangladesh opposition leader expects victory if vote is fairDHAKA, Bangladesh (AP) — When the founding leader of Bangladesh, father of current Prime Minister Sheikh Hasina, was assassinated in 1975 after helping achieve independence from Pakistan, then-Foreign Minister Kamal Hossain abandoned a state visit in Europe to rush to her side.



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Egypt unveils "one of a kind" ancient tomb, expects more finds

Egypt unveils "one of a kind" ancient tomb, expects more findsEgypt has discovered a 4,400-year-old-tomb and expects to find more buried treasure. Rough cut (no reporter narration).



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Associate of Trump ally expects Mueller contact soon on plea deal

Associate of Trump ally expects Mueller contact soon on plea dealJerome Corsi, a right-wing commentator who has promoted political conspiracy theories, told Reuters on Tuesday that his lawyer was told by the office of Special Counsel Robert Mueller last week that their next discussion, possibly on Tuesday, would be “about pleas.” “So by pleas I assumed their plan was to indict me,” Corsi said in a telephone interview, adding he was not given any information about the likely basis for any charge against him. David Gray, Corsi’s attorney, also declined to comment. Corsi’s remarks come a day after he grabbed headlines with a livestream posted to YouTube, in which he said he expected to be criminally charged after two months of cooperation with Mueller’s probe.



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China's ZTE Corp posts third-quarter profit, expects full-year loss

China's ZTE Corp posts third-quarter profit, expects full-year lossChinese telecoms equipment maker ZTE Corp posted a third-quarter net profit of 564 million yuan ($ 81 million) after resuming business in the wake of crippling U.S. sanctions, but said it still expects to post a loss of up to 7.2 billion yuan for the full year. The world’s fourth-largest telecommunications equipment maker by market share posted its worst half-year loss of 7.8 billion yuan in August due to U.S. sanctions over violations of export restrictions. In its Thursday filing ZTE said it expects to make a loss of between 6.2 billion and 7.2 billion yuan for full-year 2018, compared with a profit of 4.57 billion in 2017.



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Trump says he expects answers on Saudi reporter’s disappearance by ‘end of the week’

Trump says he expects answers on Saudi reporter’s disappearance by ‘end of the week’The president also rejected the notion he's covering for Saudi Arabia.



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