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Articles for Backstop

Australia’s energy operator wants emergency powers to switch off rooftop solar. What does it mean for households?
1 month ago

Australia’s energy operator wants emergency powers to switch off rooftop solar. What does it mean for households?

ABC  

If you're one of the 4 million Australian householders or business owners with solar panels on your roof, you may have been greeted with a rude shock at the start of this week. More precisely, those circumstances would arise when there is so much rooftop solar in the system that it's threatening to overload the grid. It's not entirely clear …

Energy Electricity Power Coal Solar Grid Rooftop
'More normal': Dem claims there's a sane 'back-stop' on Trump's team — but for how long?
1 month, 3 weeks ago

'More normal': Dem claims there's a sane 'back-stop' on Trump's team — but for how long?

Raw Story  

WASHINGTON — A Democratic congressman said Friday President-elect Donald Trump appears to have a "back-stop" on his team who is "more normal" than other people he's surrounded himself with. "Historically, not always, but generally speaking, these picks are a mix of some political, but mostly people with deep policy substance, especially on the national security front," he said. The other …

Trump
Banks borrow $164.8 bn from Fed in rush to backstop liquidity
1 year, 9 months ago

Banks borrow $164.8 bn from Fed in rush to backstop liquidity

Live Mint  

Banks borrowed a combined $164.8 billion from two Federal Reserve backstop facilities in the most recent week, a sign of escalated funding strains in the aftermath of Silicon Valley Bank’s failure. The data also showed $11.9 billion in borrowing from the Fed’s new emergency backstop known as the Bank Term Funding Program, which was launched Sunday. Other credit extensions totaled …

Bank Billion Fed Banks Deposit
India setting up $4-billion fund to backstop corporate debt market
1 year, 10 months ago

India setting up $4-billion fund to backstop corporate debt market

The Hindu  

India is setting up a fund worth ₹330 billion to provide liquidity to its corporate debt market during bouts of stress, to help stem panic selling and ease redemption pressures, an SBI Mutual Fund executive told Reuters. SBI Mutual Fund, a unit of India’s largest state-owned lender, State Bank of India, has been tasked with administrating the backstop fund, which …

India Market Fund
European Central Bank vows backstop against market turmoil
2 years, 6 months ago

European Central Bank vows backstop against market turmoil

Associated Press  

A European Central Bank poised to raise interest rates for the first time in 11 years vowed Wednesday to create an unspecified market backstop that could buffer member countries against financial turmoil like that seen during a debt crisis more than a decade ago. Instead, the central bank simply said it would act if needed against “fragmentation,” or excessively high …

Europe Italy Market Central Bank Interest Rates Interest Countries
Democrats eye key governors’ races as backstop against GOP
2 years, 10 months ago

Democrats eye key governors’ races as backstop against GOP

Associated Press  

Tony Evers was in a familiar spot earlier this month when Republican legislators sent him a bill that would have banned anti-racist teachings in schools. “It is a bit lonely, but I know I’m representing the people of Wisconsin.” Wisconsin is one of four states emerging as top priorities for Democrats in an election year when the party is facing …

States Pennsylvania Election Democratic Voting Rights Wisconsin Michigan
The Brexit deal explained (and why it isn’t done yet)
5 years, 2 months ago

The Brexit deal explained (and why it isn’t done yet)

CNN  

Brussels, Belgium CNN — You could be forgiven for thinking we’ve been here before. Under the new plans, Northern Ireland will stay aligned to EU rules in certain areas, while remaining fully part of the UK’s customs territory. But while the deal says Northern Ireland will remain in the UK’s customs union, it also says that any goods that are …

Northern Ireland Brussels Brexit Border Johnson Northern Parliament
Tetchy Michel Barnier complains that Brexit is a 'school of patience'
5 years, 3 months ago

Tetchy Michel Barnier complains that Brexit is a 'school of patience'

Daily Mail  

brexit countdown_bg Created with Sketch. Michel Barnier has labelled Brexit a 'school of patience' and warned Boris Johnson any backstop replacement must deliver the same level of protection as the current Irish border insurance policy. The EU's chief Brexit negotiator said today he was neither optimistic nor pessimistic that a new deal could be struck between Brussels and Britain by …

Brussels Brexit Border Johnson Today Deal Britain
Boris Johnson likens himself to Incredible Hulk as he pledges to ignore no-deal Brexit law
5 years, 3 months ago

Boris Johnson likens himself to Incredible Hulk as he pledges to ignore no-deal Brexit law

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. “The madder Hulk …

Brexit Johnson Hulk Mr Johnson
DUP DENIES claims it is ready to accept watered-down Irish backstop
5 years, 3 months ago

DUP DENIES claims it is ready to accept watered-down Irish backstop

Daily Mail  

brexit countdown_bg Created with Sketch. The DUP today dismissed claims it is ready to accept a watered down backstop to get a Brexit deal. Rumours have been swirling that Boris Johnson is preparing a new version of the 'insurance policy' for the Irish border DUP leader Arlene Foster has moved to quash the speculation, saying the 'UK must leave as …

Northern Ireland Brexit Johnson Northern Accept Deal Parliament
From Brexhaustion to backstop, AP translates Brexit-speak
5 years, 4 months ago

From Brexhaustion to backstop, AP translates Brexit-speak

Associated Press  

LONDON — From backstop to Brexiteer, Britain’s decision to leave the European Union has spawned a baffling array of new terms, while British parliamentary terminology is also confusing an audience across the world. BREXIT: A contraction of “British exit,” Brexit is Britain’s departure from the European Union. BRINO: An acronym that means “Brexit in name only.” It’s a pejorative term …

Customs British European Union Johnson Leave Britain Parliament
EU’s chief Brexit negotiator Michel Barnier says he isn't optimistic about avoiding 'no deal' scenario
5 years, 4 months ago

EU’s chief Brexit negotiator Michel Barnier says he isn't optimistic about avoiding 'no deal' scenario

Firstpost  

Johnson said he was encouraged in his bid to axe backstop by recent meetings with Merkel, Macron, who appeared to suggest openness to alternatives London: European Union chief Brexit negotiator Michel Barnier said on Saturday the bloc will not change the divorce deal agreed with Britain and that he is “not optimistic” of avoiding a no-deal outcome. But writing in …

Brexit Johnson Deal Britain Barnier
Brexit: British opposition parties unite to try to force Boris Johnson to seek delay
5 years, 4 months ago

Brexit: British opposition parties unite to try to force Boris Johnson to seek delay

ABC  

UK opposition parties say they will try to pass a law forcing Prime Minister Boris Johnson to seek a delay to Britain's departure from the European Union, and prevent a potentially chaotic no-deal Brexit at the end of October. Key points: Mr Johnson has promised to take Britain out of the EU with or without a deal Opposition parties want …

Brexit Border Parties Johnson Britain European Parliament
Boris Johnson, EU council president Donald Tusk spar over Brexit at G7 Summit, term each other 'Mr No Deal'
5 years, 4 months ago

Boris Johnson, EU council president Donald Tusk spar over Brexit at G7 Summit, term each other 'Mr No Deal'

Firstpost  

Johnson says that while he wants a deal Britain is ready to leave without one, a position that infuriates Tusk Biarritz: Accusing one another of being “Mr No Deal”, British prime minister Boris Johnson and EU Council president Donald Tusk exchanged accusations at the G7 summit Saturday over who will be to blame if Britain crashes out the bloc without …

Brexit British Council Johnson Britain Ireland Donald Tusk
Boris Johnson is scapegoating the EU to cover up his own failings
5 years, 4 months ago

Boris Johnson is scapegoating the EU to cover up his own failings

The Independent  

In accord with the law of probability, the most glib and remorseless liars known even to politics will speak the truth once in a while. His demand that the backstop be scrapped in favour of “alternative arrangements” implicitly refers to using technology that doesn’t exist, and has no prospect of existing, to avoid a hard border. This letter is blatantly …

Johnson Boris Johnson Short No Deal
Dutch say “goodbye” to UK with North Sea beach party event
5 years, 4 months ago

Dutch say “goodbye” to UK with North Sea beach party event

NL Times  

Thousands of Dutch are seemingly planning to say "goodbye" to the United Kingdom with a beach party on Strand Wijk Aan Zee on October 31st - the date of the Brexit, according to an event created on Facebook. The event initiator invites everyone to bring a beach chair, Dutch chips, French wine and German beer and watch across the sea …

Dutch Brexit Johnson Tusk
Brexiteer MPs planning to force through no-deal even if backstop is removed, Tory former minister says
5 years, 5 months ago

Brexiteer MPs planning to force through no-deal even if backstop is removed, Tory former minister says

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy …

Agreement Johnson Withdrawal Tory Mr Johnson Mr Francois Francois
Factbox: What is the Irish 'backstop' at the heart of Brexit impasse?
5 years, 5 months ago

Factbox: What is the Irish 'backstop' at the heart of Brexit impasse?

Firstpost  

DUBLIN - The Irish “backstop”, part of the Withdrawal Agreement that former Prime Minister Theresa May struck in November, is the key sticking point in efforts to agree an orderly British exit from the European Union. Under the mechanism, the United Kingdom will remain in a customs union with the EU “unless and until” alternative arrangements are found to avoid …

Northern Ireland Brexit Border British Union Northern Britain
Live updates: Boris Johnson becomes UK Prime Minister
5 years, 5 months ago

Live updates: Boris Johnson becomes UK Prime Minister

CNN  

Ireland’s Taoiseach, or prime minister, Leo Varadkar, said he wanted to hear Johnson put some “flesh on the bones” over claims he made in his speech outside Downing Street earlier today. Speaking on state broadcaster RTÉ, Varadkar said the Irish Government is looking forward to working with Johnson on Brexit, bilateral relations and Northern Ireland – but that confidence and …

Brexit Deal Boris Johnson Live Updates Varadkar
Brexit: Irish deputy leader warns Boris Johnson he will be ‘in trouble’ if he tries to rip up deal
5 years, 5 months ago

Brexit: Irish deputy leader warns Boris Johnson he will be ‘in trouble’ if he tries to rip up deal

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy …

Brexit Deal Ireland Mr Johnson Coveney Mr Coveney Irish Backstop
Johnson, Hunt raise Brexit stakes with Irish border views
5 years, 5 months ago

Johnson, Hunt raise Brexit stakes with Irish border views

Associated Press  

LONDON — The two contenders to become Britain’s next prime minister raised the Brexit stakes by saying they will discard a contentious part of the European Union divorce deal agreed by outgoing leader Theresa May. But during a leadership debate Monday, front-runner Boris Johnson rejected “time limits or unilateral escape hatches or all these elaborate devices” and said “the problem …

Northern Ireland Brexit Johnson Britain Parliament Hunt
Aspiring British prime ministerial candidates Boris Johnson, Jeremy Hunt say EU will drop controversial Irish 'backstop' for Brexit deal
5 years, 5 months ago

Aspiring British prime ministerial candidates Boris Johnson, Jeremy Hunt say EU will drop controversial Irish 'backstop' for Brexit deal

Firstpost  

The two candidates vying to become Britain’s next prime ministeron Friday said that they believe the EU will agree on a Brexit deal this year without the controversial ‘backstop’ provision for the Irish border London: The two candidates vying to become Britain’s next prime minister on Friday said that they believe the EU will agree on a Brexit deal this …

London Prime Brexit British Prime Minister Minister Johnson
Journalist Lyra McKee’s murder is a wake-up call the UK can’t ignore
5 years, 8 months ago

Journalist Lyra McKee’s murder is a wake-up call the UK can’t ignore

CNN  

London CNN — On Tuesday, the UK’s lawmakers return to Westminster with the fog of tragedy hanging in the air. The police – the primary target of the New IRA’s gunfire on Thursday – have said that McKee’s killing was a “terrorist attack.” The New IRA have apologized, saying that McKee was “tragically killed while standing beside enemy forces.” In …

Northern Ireland London Violence Brexit Border Republican Westminster
Will Theresa May’s plan for a ‘Stormont veto’ over the Irish border backstop help win support for her Brexit deal?
5 years, 8 months ago

Will Theresa May’s plan for a ‘Stormont veto’ over the Irish border backstop help win support for her Brexit deal?

The Independent  

The prime minister will give the Northern Ireland assembly a veto over changes to the Irish border backstop in an attempt to persuade her MPs to vote for her Brexit deal. The key paragraph is 23, which says: “We will … legislate in domestic law to ensure that a UK Minister will be required to seek agreement of the Northern …

Northern Ireland Brexit Northern Deal Ireland Irish Dup