The Potential and Challenges of Northern Ireland: Exploring Economic Success Amidst Political Disarray

The Potential and Challenges of Northern Ireland: Exploring Economic Success Amidst Political Disarray

BELFAST Great Britain and the EU agreed on a compromise in March after a long dispute over special Brexit rules for Northern Ireland. This means that food and medicine can be easily exported from the rest of the United Kingdom to Northern Ireland. However, uncompromising supporters of the union with Great Britain are fighting with … Read more

King Charles III’s state visit dispels Brexit’s evil spirits.

King Charles III and Federal Chancellor Olaf Scholz (SPD) Charles provides the pragmatic superstructure for a partnership between the UK and the EU. (Photo: Reuters) London “Why do Germans love the royal family so much?” asked the conservative London daily “The Telegraph” on the occasion of King Charles III’s state visit. The 74-year-old monarch tried … Read more

Sunak in Northern Ireland – agreement in the Brexit dispute closer

BELFAST The dispute over the “Northern Ireland Protocol” negotiated with Britain’s departure from the EU has been paralyzing the formation of a regional government in Belfast for months. The predominantly Protestant Unionists see the Brexit agreements as a threat to their ties to the kingdom and are blocking a new government. They want drastic changes. … Read more

In 2022, Germany will once again be the leader in asylum applications

asylum applications The majority of asylum seekers in Germany this year were from Syria at 27%, followed by Afghanistan (17%), Turkey (10%), Iraq (6.9%) and Georgia (4.0%). (Photo: dpa) Berlin This year, Germany remains the frontrunner in the European Union for asylum applications. This is what emerges from a confidential “situation report” on migration and … Read more

EU extends Northern Ireland exemption for veterinary medicines

BRUSSELS According to the Commission, the markets in these regions have in the past been supplied with medicines from or through Great Britain. After Brexit, concerns arose that Britain’s exit from the common internal market and related trade restrictions could lead to supply bottlenecks. Northern Ireland is affected because it is a British province and … Read more

UK against loosened capital rules for financial institutions

Rishi Sunak The British prime minister is under pressure from Brexit supporters. (Photo: dpa) London Since the UK left the European Union nearly three years ago, Brexit advocates have promised a “big bang” that will free UK financial services firms from the regulatory shackles of EU membership. Andrew Griffith, Secretary of State for the City … Read more

Significantly fewer UK companies export to the EU

– LONDON The reason is the additional administrative burden caused by the country’s exit from the EU, an expert from consulting firm UHY Hacker Young told the newspaper. Furthermore, there is not enough government support to navigate the “minefield” of trade regulations. However, the tax office has warned against taking the figures at face value. … Read more

Johnson hopes it will come into force quickly

– Boris Johnson The Northern Ireland Protocol stipulates that the province will remain part of the EU’s internal market and European Customs Union. – (Photo: AP) – – – – London British Prime Minister Boris Johnson hopes his controversial law to overturn the Brexit agreements on Northern Ireland can come into force quickly. The bill, … Read more

The EU and the UK are fighting for bankers and fund managers

Canary Wharf financial district in London Bankers expect a gradual shift of jobs from London to the EU. – (Foto: Bloomberg) – – – – Frankfurt, London London’s bankers are in a festive mood, a lucrative bonus season is ahead. According to the financial service Bloomberg, the bonus pool at the British bank Barclays should be … Read more

Economy, trade & finance: ROUNDUP / dispute over British fishing licenses: Paris suspends ultimatum

– As France’s European Minister Clément Beaune announced on Monday evening via Twitter, punitive measures threatened by France should not initially come into force on Tuesday as planned. Instead, they want to continue the dialogue with London. The British government has received initial signals that negotiations could be accelerated, said Beaune. On Thursday, Brexit Minister … Read more