Brexit talks begin in Brussels

Britain's opposition Labour Party leader Jeremy Corbyn visits the scene of a fire disaster which destroyed a tower block in north Kensington West London Britain

Britain's opposition Labour Party leader Jeremy Corbyn visits the scene of a fire disaster which destroyed a tower block in north Kensington West London Britain

We want to find the best solution for them and their families, "said Michel Barnier, the EU's chief negotiator for Brexit".

The UK's Brexit Secretary David Davis had billed it as the "row of the summer", but the senior Conservative ended up making major concessions to the European Union as the parties agreed on a timetable for the two-year-long divorce talks in Brussels on Monday 19 June.

Those issues are Britain's exit bill, estimated by Brussels at around 100 billion euros (USD 112 billion), the rights of three million European Union nationals living in Britain and one million Britons on the continent, and the status of the border between Northern Ireland and Ireland. May, whose future is uncertain after she lost her Conservative majority in an election this month, has insisted that trade talks start immediately and run in parallel.

Frenchman Barnier struck a firm tone as he said the timetable for Britain's divorce after four troubled decades of membership made sense.

EU Commissioner for Internal Market and Services Michel Barnier (R) and the governor of the Bank of Finland, Erkki Liikanen, at a press conference in Brussels, Oct. 2, 2012.

Guy Verhofstadt, the EU's Brexit negotiator said "If you want the advantages you of a Single Market and Customs Union, you have to take the obligations", meaning the United Kingdom would have to stay within its confines if it wished to have the benefits.

Barnier also outlined a two-step negotiation timetable to ensure an orderly withdrawal for Britain, which put the future EU-Britain relations, particularly trade ties, in the second phase.

"When the British people voted last June, they did vote to leave the EU".

Trump interviewed Robert Mueller for Federal Bureau of Investigation director
Gingrich also said Trump had phoned him Monday night, and left him with the impression that Mueller's job isn't on the line. Reports are circulating that Trump's inner circle is unanimous in trying to persuade the president not to fire Mueller.

Davis said Britain's negotiating position had not changed as a result of his Conservative Party's poor showing in recent elections.

Jean Claude-Juncker, the President of the European Commission, told Prime Minister Theresa May that "Brexit can not be a success" at a dinner at Downing Street in April, commenting that Britain will not even be in the Customs Union.

The document released after the first day of discussion on "Terms of Reference for the Article 50 TEU negotiations" stated: "The following initial negotiating groups have been established: Citizens' rights; Financial Settlement; Other Separation issues". "A fair deal is possible and far better than no deal", the French former European Union commissioner said.

European Union officials had earlier warned May not to make that offer so early in the talks.

"In the first step, we will deal with the most pressing issues. But the 27 of us will formulate our interests very clearly and hopefully, together", Merkel said.

The two sides agreed to initially hold a week of negotiations every month until a new structure is defined.

Indices wise, both the FTSE 100 and the DAX 30 paid little attention to the talks and maintained their bullish trend.

Recommended News

  • Senate health care status: No bill yet

    Senate health care status: No bill yet

    Even if Senate Republicans are successful in getting the bill out for a vote, they still face an uphill battle getting it passed. The devious Senate GOP leader prefers to operate in the dark, and it's giving Democrats as well as Republicans fits.
    Former UFC Heavyweight Tim Hague Reportedly Brain Dead After Boxing Bout

    Former UFC Heavyweight Tim Hague Reportedly Brain Dead After Boxing Bout

    Jackie Neil said in a brief emailed statement on Saturday that her brother, Tim Hague, is in critical condition. But after that loss, with a 10-4 record overall and 1-3 in the promotion, he was let go again.
    Wife: Man who shot congressman wanted to work on tax policy

    Wife: Man who shot congressman wanted to work on tax policy

    He also belonged to several anti-GOP groups on Facebook , including one called "Terminate The Republican Party ". She said shortly before James Hodgkinson left , her "daughter just moved back home and has a 2-year-old".
  • Buffalo Sabres hire Phil Housley as coach

    Buffalo Sabres hire Phil Housley as coach

    Phil Housley started his National Hockey League playing career in Buffalo and now his first head coaching job will be there, too. A member of the Buffalo Sabres, USA Hockey and IIHF Halls of Fame, Housley was inducted into the Hockey Hall of Fame in 2015.

    Alexandria shooting victims: Scalise, police officers, 2 others wounded

    John Boozman said he was praying for police and the victims. "There's nothing wrong with being passionate about politics", Rep. Verderosa "to express our sympathies for his wounded officers and to express my admiration for their courage".

    Oil slips as data points to fast-growing supply

    But those efforts have been blunted by a massive boom in production by US shale operators, who have become much more efficient. Benchmark Brent crude settled 43 cents higher at $48.72 a barrel while US light crude settled up 38 cents to $46.46 a barrel.
  • Amazon's purchase of Whole Foods already impacting grocery industry

    Amazon's purchase of Whole Foods already impacting grocery industry

    The shift started within minutes of the announcement online retailer Amazon would taking over the grocery chain Whole Foods . The deal brings to a head a years-long battle brewing between Amazon and traditional retail powerhouses such as Walmart .

    England draw was one of the 'most emotional games ever' for Strachan

    For Kane , captaining England for the first time , the experience was one to remember. All sorts of emotions", Strachan told reporters.
    Facebook bolsters AI and manpower to combat and take down terrorist postings

    Facebook bolsters AI and manpower to combat and take down terrorist postings

    The post Facebook Inc (NASDAQ:FB) Using Artificial Intelligence to Tackle "Terrorist Content" appeared first on Market Exclusive. Last night Facebook said in a blog post that it was developing an algorithm to identify terrorist content by the language used.
  • Amit Shah:No Chance Of India Pakistan Series At Their Home Grounds

    He further said that the grand old party would not comment on NDA's Presidential nominee as of now and would meet on June 22 to formally discuss the matter.
    The Scientific Discovery That Explains Stonehenge and the Summer Solstice

    The Scientific Discovery That Explains Stonehenge and the Summer Solstice

    Now, you're probably wondering, what is solstice exactly? You don't need to fly far out into space for this, fortunately. There will be about 14 hours, 56 minutes and 18 seconds of daylight both Tuesday and Wednesday in Baltimore.

    Secret Service says it doesn't have any Trump tapes

    The Secret Service "handled recording systems within the White House for past presidents", according to the Journal . Since his ominous tweet, Trump has repeatedly refused to confirm or deny whether those tapes exist.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.