The Prime Minister of Luxembourg may have thought it was a good idea to rubbish the UK PM, but some of his EU27 colleagues don't appear that happy about it.
PLEASE SUPPORT MY YOUTUBE WORK ON PATREON: http://bit.ly/2oUVQfm
OR ON SUBSCRIBESTAR: https://www.subscribestar.com/jeff-taylor
My Youtube Community Page: https://goo.gl/tpTxpt
LIKE THIS? PLEASE SHARE IT using the url - https://youtu.be/MdytusXDozM
*SUBSCRIBE* to Jeff Taylor Here: https://goo.gl/NyzUPo
How to *SUPERCHARGE* your YouTube videos - start for FREE: http://bit.ly/2vbl9z2
PLEASE NOTE THE FOLLOWING MAY NOT BE A FULL TRANSCRIPT!!
You will all by now be aware, that the PM of Luxembourg, Xavier Bettel, decided to try and ambush the UK PM with a noisy open air pro-Remain press conference when Boris Johnson visited the country.
But the UK PM decided that discretion would be the better part of valour and refused to attend the conference.
This left Bettel alone at the podiums and he resorted to mocking Boris.
Now Remainers may find that amusing, but many people in the UK did not, so it could well help the Leave side more than they realise.
Not only that, but some in the EU27 were not that pleased about it.
For example, Norbert Rottgen, the chairman of the German foreign affairs committee said:
"Xavier Bettel’s speech yesterday did not serve the European cause.
"His public venting ignored that a deal is still in everyone’s interest. Even without a deal there will be a post-Brexit life, which means that right now everyone needs to behave in a way that avoids animosity."
And it also caught some criticism from other Brussels sources reports the Express.
And on the UK side, many people thought it was poor behaviour with the Justice Secretary Robert Buckland calling it an unfortunate media stunt.
Or is it really just that the no deal Brexit pressure is beginning to take its toll on some of the EU27?
It looks like Boris has managed to get the Irish border backstop removed from Theresa May's hated Withdrawal Agreement surrender treaty, reports the Guardian.
According to the 'paper:
"Boris Johnson’s Brexit negotiators have so far only presented the EU with a draft of the withdrawal agreement with the backstop scrubbed out, UK government sources have confirmed."
There, he said he'd do it and all it took was bit of scribbling and erasing.
Now, this will not go down well with Eurocrats, but it seems that the government wants to keep any proposals it has under tight wraps, right up until the last minute at the EU Council meeting on the 17th and 18th of October.
Well, these are negotiations aren't they? And telegraphing our moves has only worked against the UK in the past, hasn't it?
Now, the Electoral Commission has assessed that two Remain campaign organisations, Wake Up and Vote (WUAV) and DDB UK Ltd had incorrectly reported campaign spending.
The Commission found that the two organisations had run a joint campaign called the '5 seconds campaign' but had not declared it properly as joint spending, which would have meant them both reporting a higher amount of spending than they actually declared.
As a result, Wake Up and Vote was fined £1,800. But DDB UKJ Ltd could not be fined as it had already been fined for an earlier similar misdemeanour.
And now I've got two good questions about the City for you.
Firstly, can you tell me which country has the second highest daily turnover on the global foreign exchange markets?
And secondly, can you tell me which country has the second highest turnover in the global derivatives markets?
Well, in both cases it is the United States of America.
Yes! Because, according to the Bank for International Settlements (BIS), the lead country in both foreign exchange and derivative turnover is - the United Kingdom.
When looking at the daily turnover of Derivatives, we see that the UK leads the way with just about 3.7 trillion dollars-worth of turnover every day and that equates to about 50% of the market.
And on the foreign exchange markets the picture is even more stark.
The UK is well out in the lead and has about 43% of the market at 3.5 trillion dollars worth every day, which is an increase of 6% on 2016, while the US has shrunk back.