Game clock: JUNE 2019

International News

News from around the World
Jos1311
Site Admin
Posts: 873
Joined: Thu Aug 16, 2018 10:35 am
Netherlands

Re: International News

#21

Post by Jos1311 » Mon Oct 08, 2018 5:48 pm

Lukashenko Tells Britain’s Foreign Minister How UK Can Invest In Belarus
February 2019

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MINSK | Belarus -- Britain’s Secretary of State for Foreign and Commonwealth Affairs Jeremy Hunt met with Belarus President Alexander Lukashenko late last month. The sides talked over cooperation prospects, including the UK’s investment into Belarusian economy.

Alexander Lukashenko believes that Great Britain can invest in Belarus more actively.

"Let’s determine three or four large pilot projects and put them to life," the Belarusian leader suggested. "If we put it directly, Great Britain has enough free funds to invest. We can create the most favourable conditions for business," Lukashenko said. According to him, Belarus and Britain can cooperate in electric transport considering that Great Britain is on the way to stop selling and using cars with internal combustion engines.

After the meeting with the president, Jeremy Hunt held talks with Belarus Foreign minister Vladimir Makei. The sides focused on developing political dialogue as well as mutual projects in green economy. "We are interested in further development of economic cooperation. We are ready to provide maximum opportunities for the British production in free economic zones and Great Stone industrial park," Vladimir Makei said.

The head of the Belarusian MFA stressed the importance of an objective view of the affairs in Belarus: [i0]"Yes, we have shortcomings, yes, we have problems. But it is important not to demonize the country without even having visited it."[/i]

At his meeting with leaders of Belarusian opposition parties, the British minister stressed that the UK would like to receive a clear signal that Belarusian youth are choosing the democratic standards of Western countries, and that this choice is not imposed from outside.

Answering a journalist’s question on the impact Brexit may have on British policy towards the countries in the region, Jeremy Hunt admitted that the new status would give the United Kingdom ‘more flexibility’ in its policy-making. However, he immediately reminded that the UK would "still be the part of the European family working together on areas of common interest."

The visit, which was the first for a Secretary of State for Foreign and Commonwealth Affairs to the country, was met with skepticism by the British public. With the nearing Brexit in mind, and the overall image of Belarus still being a dictatorship, many wonder if the nearing Brexit is forcing the British government to warm ties with even the most questionable countries in Europe. On Twitter there were already calls for a state visit to Crimea, and Moldova.
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United Kingdom:
Domestic popularity: +1.00%
Domestic popularity: -1.00%
International popularity: +0.25%
Overall there appears to be a willingness in Belarus to increase the ties with Britain, although there remains a lot of mistrust on both sides.

Jos1311
Site Admin
Posts: 873
Joined: Thu Aug 16, 2018 10:35 am
Netherlands

Re: International News

#22

Post by Jos1311 » Mon Oct 08, 2018 6:03 pm

Iran signs deal to build power plant in Syria
February 2019

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LATAKIA | Syria -- Iran has signed an agreement to build a 500-megawatt (MW) gas fired power plant in Syria’s coastal city of Latakia, asserting its role in the Arab’s country reconstruction after years of an imposed war.

A memorandum of understanding was signed in Tehran on the sidelines of a meeting between Syrian Energy Minister Mohammad Zuhair Kharboutli and his Iranian counterpart Reza Ardakanian, for the project to be launched next year.

Iran’s power and infrastructure group MAPNA will build the first gas unit of the facility in 15 months and the second gas unit in 24, plus a third unit running on steam within 36 months at a combined cost of $475 million.

According to Kharboutli, the natural gas needed in the power plant will be fed from Syrian fields through a 70-kilometer pipeline.

Having provided steady political and military advisory aid to Syria in its fight against foreign-backed terrorists, Tehran has assured Damascus that it is ready to take up a major role in the Arab country’s reconstruction.

After a meeting with Syrian President Bashar al-Assad in Damascus in August, Iran’s Defense Minister Amir Hatami said the two sides agreed that Iran would have "presence, participation and assistance" in Syria’s reconstruction "and no third party will restrict it". "Syria is at a very, very important juncture. It is passing through the critical stage and it is entering the very important stage of reconstruction," said Hatami.

Iran signed an agreement in 2017 to repair Syria’s power grid, including the main control center for the electricity grid in the capital Damascus.

President Assad has said reconstruction is his "top priority" after liberating much of the country from foreign-backed terrorists with crucial help from Iran. He has welcomed Iran’s participation in rebuilding Syria which has had strong ties with the Islamic Republic for decades.

The Islamic Republic provided Syria a $3.5 billion credit line in 2013, and extended it by $1 billion in 2015. Ardakanian said on Tuesday he was hopeful that a second credit line would be launched between the two countries.

In January 2017, the two countries signed several agreements during a visit by Syrian Prime Minister Imad Khamis to Tehran, under which Iran would build a mobile service operator in the Arab country.
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Syria:
Domestic popularity: +1.50%
Domestic popularity: -0.50%
GDP Growth: +0.850% - spread over 3 years
Contact me in late 2021 for more information and some additional results.

Iran:
Domestic popularity: +1.00%
Domestic popularity: -0.50%
International popularity: +0.50%
funding to be withdrawn

Israel:
Domestic popularity: -0.50%

NOTE: Used THIS article as the main basis for the IG article.

Jos1311
Site Admin
Posts: 873
Joined: Thu Aug 16, 2018 10:35 am
Netherlands

Re: International News

#23

Post by Jos1311 » Wed Oct 10, 2018 4:28 pm

Jair Bolsonaro South American Tour
Visits to Argentina, Uruguay, Paraguay, Columbia and Guyana
February 2019

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Presidents, Jaír Bolsonaro, Mauricion Macri and Iván Duque Márquez

BUENOS AIROS | Argentina -- Following a brief stint in New York providing a statement on the crisis in Venezuela, the Brazilian Presidency, President Bolsonaro made his first international visit to his Argentinian counterpart, President Macri. The two South American powerhouses addressed the current situation in Venezuela, in which both declared their condemnation of the Maduro regime and called for President Maduro to stand down and allow “real” democracy to return to Caracas. President Bolsonaro stated "We do not want to be tomorrow, to be what Venezuela is today." With regards to the current refugee-crisis along the joint border of Brazil and Venezuela, the President restated that he would allow for the construction of refugee camps, which he would expect the UN to support.

The two Presidents further discussed progress with regards to Free Trade Agreements between MERCOSUR and the EU and EFTA. Both agreed to, which was reaffirmed during visits in Montevideo – Uruguay and Asunción – Paraguay, to an overall deadline for their finalization by 2021.

“We will also commence on negotiations with Japan as we see great prospect in collaboration with President Abe and his Government. Dominance by left-leaning governments deterred the MERCOSUR bloc from avidly pursuing free trade pacts until recently, now comes change.” President Bolsonaro finalized his statement.

Argentinian President stated:” Following years of leftist rule, an isolated trade policy have been conducted at the cost of our populations and the prospect of growth. I am glad that President Bolsonaro and I share this common goal together with our counterparts in Montevideo and Asuncion.”

In Bogata (Colombia), the Brazilian President met newly elected Colombian President Iván Duque Márquez of the centre-right party Centro Democrático. The two countries, represents the biggest economical centers of South America and the lands share border. During Presindent Bolsonaro visit, the parties discussed methods to enhance communication and intra-state collaboration to engage the expanding cross-border trafficking In a Joint Communique, the Parties allocated $ 100 million each for the establishment of a joint task communication platform that allows easy communication and Exchange of information on criminal activity and possible suspects.

Both Presidents reaffirmed their interest in establishing similar frameworks as seen in EUROPOL and INTERPOL to allow better mechanisms to engage in the combat against organized crime.

President Marquez, further echoed statements issued in Buenos Aires on the situation in Venezuela. President Bolsonaro further stated “ Only a blind man can see any prospect in Maduro’s continuation as leader in Caracas.”

Finally, President Bolsonaro together with Foreign Minister Barroso visited Georgetown, Guyana. Again Venezuela was the main topic of foreign policy, but also the prospect of the Amazon South-North Railway, connecting Boa Vista, Roraima State Brazil with Georgetown. A 680 km Railway would allow easier access for Brazilian goods to export markets as well as the Caribbean Markets with Caricom headquarters is in Guyana – the Common Market of the Caribbean. Therefore from Guyana Brazilian products can reach the Caribbean market in a more economic and aggressive manner. And Brazilian entrepreneurs may be able to establish a sugar factory in Guyana for the production of Demerara sugar for market in Boa Vista, Manaus, and other parts of the Amazon region. Brazilian entrepreneurs have also failed to utilize such opportunities.

Finally, there is a significant cultural exchange opportunity to be exploited between the University of Guyana and Brazil. At the moment there are not even exchanges between the University of Guyana and the Universities of Roraima and Amazonas, which would be much easier. The project is estimated to be needing approximately Billion $ 1,3, which will be funded $ 900 million through the Brazilian Development Bank, which Guyana will cover $ 400 million. The project is expected to be finalized in 2022 or early 2023 depending on tender process.

A second leg connecting Boa Vista with Manaus is planned, but no concrete plans has been formulated.
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Brazil:
Domestic popularity: +2.00%
Domestic popularity: -1.00%
International popularity: +1.50%
International popularity: -0.75%
GDP Growth: +0.050%
Funding deducted
Player will be granted to RP Mercosur in the talks with the EU.

Jos1311
Site Admin
Posts: 873
Joined: Thu Aug 16, 2018 10:35 am
Netherlands

Re: International News

#24

Post by Jos1311 » Wed Oct 10, 2018 4:39 pm

NATO Members Step Up to Provide Ukraine Cyber Assistance
February 2019

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KIEV | Ukraine -- The Ministry of Defence of the Republic of Poland today announced its intention to join two NATO centres of excellence in the sphere of strategic communication and cyber defence. Becoming member of these centres of excellence, Poland also allocates a total of 1 million USD to their work and will deploy civilian and military experts are required. Furthermore, the Polish Ministry of Defence expressed its hopes that these centres and their capabilities would become available also to such valuable NATO partners as Ukraine.

Centres of Excellence (COEs) are international military organisations that train and educate leaders and specialists from NATO member and partner countries. They assist in doctrine development, identify lessons learned, improve interoperability and capabilities, and test and validate concepts through experimentation. They offer recognised expertise and experience that is of benefit to the Alliance, and support the transformation of NATO, while avoiding the duplication of assets, resources and capabilities already present within the Alliance.

Continuing its long-lasting support to capability development for Ukraine, the Government of Poland has announced the allocation of an additional 1 million USD to the Trust Fund on Cyber Defence for Ukraine. These resources and capabilities projected by the Trust Fund will be especially valuable in light of the upcoming Presidential and Parliamentary elections in Ukraine.

The Trust Fund on Cyber Defence for Ukraine aims to provide Ukraine with the necessary support to develop its strictly defensive, CSIRT1-type technical capabilities, including laboratories to investigate cyber security incidents. The Lead Nation is Romania, acting through the Romanian Intelligence Service.

Aside from the Polish contribution to the Trust Fund on Cyber Defence, it was also announced that the Norwegian government would provide an additional $15 million USD to the Fund.
_____

Poland:
Domestic popularity: +1.00%
Domestic popularity: -0.25%
International popularity: +0.50%
Funding to be withdrawn

Norway:
Domestic popularity: +0.50%
Domestic popularity: -0.25%
International popularity: +0.25%
Funding to be withdrawn

Ukraine:
Domestic popularity: +0.50%
You can assume to have access to the funds that has been pledged ($16m)

LordMoose
Posts: 123
Joined: Sat Aug 18, 2018 8:22 pm
Saudi Arabia

Re: International News

#25

Post by LordMoose » Sat Oct 13, 2018 11:15 pm

North Korea's Experimental Light Water Reactor to be Activated by April; Other Yongbyon Facilities to Shut Down
March 2019


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Satellite imagery of the Yongbyon Experimental Light Water Reactor site

PYONGYANG | North Korea -- The North Korean government has recently announced to both the IAEA as well as the United Nations; while also sending messages directly to the United States, Russia, and China; that it intends to open the Yongbyon Experimental Light Water Reactor next month. According to the letter sent to the IAEA, as well as others, North Korea has stated that the reactor would be used to "further develop Light Water technology for use in the electric grid" and that the experimental reactor would be connected to the North Korean electricity grid following safety tests and inspections.

In an unprecedented move for the Hermit Kingdom, it was stated that the North Korean regime would welcome IAEA inspectors, as well as inspectors from the United States, China, and Russia; to witness the opening of the reactor facilities as well as to tour the facilities and "confirm their peaceful intent". Almost simultaneously with the announcement of the new reactor coming online, the North Koreans have also announced another unprecedented move: the shutting down and dismantling of the Yongbyon 5 MWe Experimental Reactor and the Yongbyon Fuel Reprocessing Facility

Both facilities, and the name of Yongbyon, are famous for being at the "center" of country's nuclear program: producing the enriched materials needed for nuclear weapons. The announcement that they intend to not only shut the facilities down, but also fully dismantle them, has in this case come as a shock to the international community. North Korea has also asked for international assistance in the dismantling and disposal process: stating that "it wishes to ensure the fully safe disposal of all nuclear and radioactive materials in a manner in accordance with IAEA regulations and international norms." IAEA and US inspectors, along with those from Russia and China, have been also welcomed to inspect the facilities during and after the shutting down and dismantling process to confirm to the world that they are indeed shut down and destroyed.

The new Yongbyon Experimental Light Water Reactor completed facility construction in 2013, and it was stated by Jane's and other sources that there had been signs that the reactor was being tested throughout 2017: though this will be the first time that the new reactor will be fully activated and linked with North Korea's power grid.

North Korea:
Domestic popularity: +0.50% (Not many people really care about this, the few who do are hopeful of a better furture when the economic sanctions are lifted)
International popularity: +2.00% (Many are hopeful that this will lead to a more peaceful Korea, but theres still a lot that can go wrong)

While this is a great first step and the international community is hopeful, there is still a long road ahead for everyone involved, I expect a response from all parties that are involved

Bobithy
Posts: 132
Joined: Mon Aug 20, 2018 10:52 pm
Korea North

Re: International News

#26

Post by Bobithy » Sun Oct 14, 2018 7:38 pm

Brazil's Refugee Crisis - Soldiers Clear the Streets of Boa Vista as Camps Open
March 2019


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BOA VISTA | Brazil -- Brazilian soldiers from the 16th and 17th Jungle Infantry Brigades have been activated by the Brazilian Ministry of Defense in cooperation with other governmental Ministries, with their orders being to reinforce the 1st Jungle Infantry Brigade: currently involved in Operation Curare - an operation begun in 2018 to ensure law and order in the Roraima province: currently facing a refugee crisis.

The International Organization of Migration (IOM), a related organization of the UN, says the exodus of migrants from Venezuela is reaching a "crisis moment" on par with the Mediterranean flow of refugees from North Africa and the Middle East. From 2015 to 2017, the agency estimated that the number of Venezuelans living outside the country has more than doubled, from 700,000 to more than 1,600,000. Through 2018 this number has only increased, with some estimates putting the numbers at more than 2,000,0000: though an exact number is not possible to obtain.

Venezuela has been engulfed in economic crisis since oil prices plummeted in 2015. The country is one of the world's major producers of oil, and the resource fueled Venezuela's economy under former President Hugo Chavez. President Nicolas Maduro declared a state of "economic emergency" in early 2016, with issues are rooted in falling oil prices, plummeting currency rates, power struggles within the government, the looming possibility of default and ongoing food shortages.

The initial moves to secure the border came after talks between Brazil and other regional partners. Now they are expanding their operations on the Venezuelan border; directing refugees to three new camps that have been authorized by the Brazilian government and which are being administered by various NGO's working together to try to keep a handle on a growing humanitarian situation.

The streets of Boa Vista, once teeming with refugee's and the site of multiple attacks against the refugee's by violent groups of Brazilian citizens; are now being cleared. Brazilian soldiers are working with local police to organize the refugees as best they can and move them towards these three camps. The conditions in the camps, however, are growing increasingly bad: as overcrowding starts to become a problem and the access to food and water becomes increasingly difficult. Speaking with the international NGO Refugee Support, WWN was made aware that more help is obviously needed and that the camps are in need of various forms of support - from security to medical personnel, to food and water.

No one knows exactly how many Venezuelans have crossed into Brazil, but the current estimates have the number between 360,000 and 500,000 - and growing daily. It is said over 700 Venezuelans crossed the border into Brazil each day in 2018 on average, and that has likely grown to around 800 a day so far in 2019 - skyrocketing the estimated numbers of total refugees in the country.

______________

Brazil:
+1.00 Domestic Popularity
-1.00 Domestic Popularity
-0.50 International Popularity
Troops have been deployed and operations to move refugees into three camps is underway, however the camps are quickly becoming overwhelmed and more help is needed: either from Brazil or from the international community

Bobithy
Posts: 132
Joined: Mon Aug 20, 2018 10:52 pm
Korea North

Re: International News

#27

Post by Bobithy » Sun Oct 14, 2018 7:55 pm

International Court of Justice Orders US to Lift Iran Sanctions After Long Deliberation
March 2019


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THE HAGUE | Netherlands -- The UN’s international court of justice has reprimanded the US over its re-imposition of sanctions on Iran last year, ordering Washington to lift restrictive measures linked to humanitarian trade, food, medicine and civil aviation. The Hague ruling, delivered on Wednesday, is a victory for Iran after it complained to the 2018, and again earlier this year, that the return to sanctions imposed by former President Donald Trump following the US withdrawal from the 2015 landmark nuclear agreement was in violation of the Treaty of Amity, a 1955 pre-revolutionary friendship treaty.

In bringing the case to the ICJ, Iran also argued that the US had violated the terms of the nuclear accord, endorsed by a UN security council resolution, by unilaterally pulling itself out of that agreement. The International Atomic Energy Agency (IAEA) has verified 12 times that Iran has abided by the terms of that agreement.

Iran’s lawyers said at the court hearing last August and again recently that the US sanctions were blanket measures that had strangled the Iranian economy, affecting ordinary citizens in all aspects of their lives. Wednesday’s ruling, classified as a “provisional measure” before a final verdict that could take another year or two to be issued, was given unanimously by the court. It is binding under the UN charter and cannot be appealed - however the ICJ has no means of enforcing it.

It is too early to assess what the ruling’s impact will be in practical terms, given the EU’s backing for the nuclear accord. But the ruling puts on the record that the reimposition of sanctions is viewed as illegal by the international community.

As of yet there has been no response to the ruling from the Pence administration, though a statement is expected within the next few days.

____________

Iran:
+2.00 Domestic Popularity
+1.00 International Popularity

The ruling is considered a major victory for Tehran and is viewed very positively by the Iranian people.

United States:
-3.00 International Popularity
While binding, the ICJ has no means of enforcing its verdict. However the verdict does make clear that the reimposing of sanctions by the previous administration is considered illegal by the international community and failure to comply with the ICJ ruling would be very damaging to America's international image.

A prompt response is expected from the United States in relation to the ICJ ruling, and will dictate further results.

LordMoose
Posts: 123
Joined: Sat Aug 18, 2018 8:22 pm
Saudi Arabia

Re: International News

#28

Post by LordMoose » Sun Oct 14, 2018 8:19 pm

Polish Community Under Attack as Far-Right Groups Express Anger at Polish Opposition to Brexit.
March 2019


London | The United Kingdom --Polish nationals in more than a dozen towns across the UK have reported increasing levels of violence and harassment in recent weeks. Many are putting the attacks down to anger by nationalists over Poland's opposition to the Brexit deal sought by London, with public statements by government officials accusing plans of slowing and delaying the UK's exit from the European Union only fuelling their hostility.

Having suffered years of budget cuts and downsizing, the police presence in many UK towns and cities is not sufficient enough to patrol Polish areas. Far-right gangs have exploited the absence of law and order to spray graffiti on Polish shops and properties demanding the Poles go home and spraying swastikas on their homes and cars in scenes reminiscent in Nazi Germany. Many Polish nationals in rural areas and small towns have reported a climate of fear and have demanded greater protection from the police.

Polish migrants have long drawn hostility from far-right groups in the UK, often accused of stealing British jobs and doing little more than claiming housing, healthcare and welfare. Since the Brexit vote violence against Poles has ebbed and flowed, with numerous attacks and stabbings and even some murders. They have been mainly sporadic though, with the latest wave of violence seeming more targeted in response to the state of Brexit talks.

Poland, who has taken a harder stance on Brexit than other EU members, has expressed its dismay with Theresa May goverment. Prime Minister Mateusz Morawiecki noted about the UK that "They expect us to agree to a deal that allows them the best of both the EU membership and being outside the EU, yet then they do NOTHING to protect our citizens and people when they come under fire within there own bloody boarders! Its utter madness to expect us to be willing to tolerate this from another nation, more so one asking for so much."

____________

United Kingdom:
-2.25 Domestic Popularity (Shock and Horror that the UK goverment is not doing more to prevent this)
+0.25 Domestic Popularity (You know these people might be on to somthing)
-2.50 International Popularity (General Shock, mostly from the EU and Poland)

This is expected to impact any Brexit negations, as well a promote response from both the UK and other EU members is expected.

Jos1311
Site Admin
Posts: 873
Joined: Thu Aug 16, 2018 10:35 am
Netherlands

Re: International News

#29

Post by Jos1311 » Wed Oct 17, 2018 8:05 pm

Brazil closes borders – Supreme Court Approves
April 2019

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PACARAIMA | Brazil –- In august 2018 a local court in the State of Roraima approved to temporally close the Brazil-Venezuela border, just to be overruled by Supreme Court one day later. The primary driver for Supreme Court overrule was Brazil’s obligations to International agreements. Since then, Suely Campos, the state’s governor, has worked for closing the borders, seeing the impact the crisis have on her state.

With the entrance of President Jaír Bolsonaro, whom recently deployed two additional Elite Brigades to the region, a Closed-Door policy has been in the making. Advocating a threat to national security, the Supreme Court has approved a “temporally” close-down of all Border crosses along the border, which saw Borders immediately closed for all Venezuelans trying to enter Brazil.

Brazilian authorities have continued to monitor the borderlands, however the impenetrable jungle provides a good natural border wall, and analysts expect that with crossings closed, a steep reduction in the mass immigration will be seen soon.

Amnesty International has been condemning the decision by the Supreme Court and the Bolsonaro Government, further pointing out that while “temporally”, no overdue date was set at the court ruling. Vice President Mourão stated: ”Desperate measures must be taken in order to ensure national security and block the Venezuelan crisis spilling into our country. We cannot allow the Chavista ideology and possible moles to infiltrate our country.”

“While we are willing to help as many possible, we have seen little international attention and our requests in the UN has been given little merit by the international community. I can only reiterate on behalf of our government, that Brazil will need outside assistance to supply for these refugees.”

While State Governor Suely Campos may be happy with the decision, the Interior Ministry also informed that re-allocation of immigrants which was undertaken during the Tenure of Michel Temer has been ended. The decision means the Federal Government will no longer allocate resources in moving immigrants to other states, as most of them a not eligible for asylum and will need to return to Venezuela. Along the decision, the Federal Government with Congress approval allocated on emergency compensation to the State of Roraima of $ 500 million to support state budget in managing the crisis.
_____

Brazil:
Domestic popularity: +3.00%
Domestic popularity: -1.00%
International popularity: -1.00%
Funding provided by Federal Government to State of Roraima.

Jos1311
Site Admin
Posts: 873
Joined: Thu Aug 16, 2018 10:35 am
Netherlands

Re: International News

#30

Post by Jos1311 » Fri Oct 19, 2018 7:24 pm

Majority of investors expect no-deal scenario, as both sides prepare for a hard Brexit
April 2019

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LONDON | United Kingdom –- Investors and banks across Europe are increasingly preparing for an unregulated, hard Brexit. According to Theodor Weimer, the head of Deutsche Börse – the ninth-biggest stock exchange in the world – the vast majority of investors expect the UK to leave without a deal. While he does not assume major upheavals, other experts expect chaotic conditions on the financial markets.

Wolfgang Fink, Germany chief of the US investment bank Goldman Sachs, said last week at the "Handelsblatt" bank summit: “We have to adjust to the extreme scenario.” Similar words could be heard from his British colleagues.

Brexit taskforces had been set up some time ago on both sides, but apparaently London shifted into gear to prepare for, what many experts and economists have called, "the least favorable solution."

In response various other European countries also stepped up their preparations and the head of German financial supervision BaFin, Felix Hufeld, last week said that an abrupt, disorderly transition would "intervene in hundreds of thousands of treaties" and cause "serious insecurity”. He said: “We overseers would then have to implement emergency measures."

The UK Government has also been preparing for a no-deal scenario, it officially announced last week, but many experts and analysts have stated that this was the case for a while.

The news that various sides are starting to prepare for a scenario where free movement of goods and areas of payment transaction could come to a standstill, was not received well. Both the Euro and the British Pound took severe losses against the dollar, while the IMF and several other financial institutions have stated that the developments will lead to reduced growth, however no exact numbers were mentioned yet.

The European Commission published yesterday added more fuel to the fire by releasing a 17-page communication to businesses in the EU warning them of the consequences of a ‘no deal’ Brexit if the UK crashes out of the bloc next July.

"July has been mentioned as the point of no-return, as this is the absolute last moment that an agreement can be reached," several economists have reported. "No deal before this date will mean that Britain will crash out of the European Union, a scenario that is undesirable for both sides," the group of economists warned.

There has however been some small light in the dark, with London announcing that it would "monitor to see if reciprocal rights are granted to UK airline carriers and if after 24 hours UK carriers are denied rights then we will deny rights in a reciprocal retaliation specifically targeting carriers from the countries that are denying flight access to our carriers." According to experts this opens the door for at least some relatively normal movement of people and goods through the European skies. "However once the goods and people reach their destinations, the situation will most likely be different from what has been case for many years."
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UK:
Domestic popularity: +1.00%
Domestic popularity: -3.00%
GBP fell 5% to the USD due to the news that both sides are preparing for a hard-Brexit scenario. Aside from this expect that there will be severe economic growth cuts if this scenario becomes a reality.

EU:
Domestic popularity: +1.00%
Domestic popularity: -3.00%
EUR fell 3.50% to the USD due to the news that both sides are preparing for a hard-Brexit scenario. Aside from this expect that there will be severe economic growth cuts if this scenario becomes a reality.

Locked