Big Tech fears US regulation, but it may be Ireland that should scare them

Ireland’s reputation when it comes to keeping corporations in check isn’t exactly tough. The European Parliament said in a report earlier this year the country displays traits of a tax haven and facilitates “aggressive tax planning.” But since a landmark privacy law called the General Data Protection Regulation (GDPR) went into effect across the European Union (EU) last May, Ireland has become the focal point for enforcing rules on how big tech companies collect and process user data.


Ireland’s reputation when it comes to keeping corporations in check isn’t exactly tough. The European Parliament said in a report earlier this year the country displays traits of a tax haven and facilitates “aggressive tax planning.” But since a landmark privacy law called the General Data Protection Regulation (GDPR) went into effect across the European Union (EU) last May, Ireland has become the focal point for enforcing rules on how big tech companies collect and process user data.
Big Tech fears US regulation, but it may be Ireland that should scare them Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-20  Authors: elizabeth schulze
Keywords: news, cnbc, companies, data, european, traits, tax, user, fears, tech, regulation, ireland, union, toughthe, scare, rules, big, went


Big Tech fears US regulation, but it may be Ireland that should scare them

Ireland’s reputation when it comes to keeping corporations in check isn’t exactly tough.

The European Parliament said in a report earlier this year the country displays traits of a tax haven and facilitates “aggressive tax planning.”

But since a landmark privacy law called the General Data Protection Regulation (GDPR) went into effect across the European Union (EU) last May, Ireland has become the focal point for enforcing rules on how big tech companies collect and process user data.


Company: cnbc, Activity: cnbc, Date: 2019-06-20  Authors: elizabeth schulze
Keywords: news, cnbc, companies, data, european, traits, tax, user, fears, tech, regulation, ireland, union, toughthe, scare, rules, big, went


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Ahead of Trump arrival, Ireland’s finance minister sounds trade warning

The finance minister of Ireland conceded that his country’s economy is at risk to the effects of a trade war between the likes of the EU, the U.S. and China. Paschal Donohoe told CNBC’s Willem Marx Wednesday that the country’s open and globalized economy does leave it exposed to unpredictable taxes and tariffs. President Donald Trump will arrive in Ireland later Wednesday to hold talks with Prime Minister Leo Varadkar. The two are expected to discuss a range of issues, including Brexit and trade


The finance minister of Ireland conceded that his country’s economy is at risk to the effects of a trade war between the likes of the EU, the U.S. and China. Paschal Donohoe told CNBC’s Willem Marx Wednesday that the country’s open and globalized economy does leave it exposed to unpredictable taxes and tariffs. President Donald Trump will arrive in Ireland later Wednesday to hold talks with Prime Minister Leo Varadkar. The two are expected to discuss a range of issues, including Brexit and trade
Ahead of Trump arrival, Ireland’s finance minister sounds trade warning Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-05  Authors: david reid
Keywords: news, cnbc, companies, irelands, economy, sounds, arrival, minister, irish, ahead, finance, trump, ireland, expected, look, trade, warning, varadkar


Ahead of Trump arrival, Ireland's finance minister sounds trade warning

The finance minister of Ireland conceded that his country’s economy is at risk to the effects of a trade war between the likes of the EU, the U.S. and China.

Paschal Donohoe told CNBC’s Willem Marx Wednesday that the country’s open and globalized economy does leave it exposed to unpredictable taxes and tariffs.

“Anything that happens in global trade does have an effect on the performance of our economy and there is a vulnerability that could develop into the future,” Donohoe said.

President Donald Trump will arrive in Ireland later Wednesday to hold talks with Prime Minister Leo Varadkar. The two are expected to discuss a range of issues, including Brexit and trade.

Donohoe said he expected Varadkar to spell out to Trump that U.S. exporters looking to sell in Europe, or in other parts of the world, would find Ireland an attractive place to set up base. The finance minister said evidence of this trend was already underway.

“Since the focus on President Trump’s trade policy has grown, we have actually seen more international investors and companies wanting to be here in Ireland.”

Donohoe added that the Irish leader would also look to strengthen its labor presence within the U.S.

“We want to look at how we can deepen Irish investment and job creation in America over the coming years,” he said.

Ireland and Brexit


Company: cnbc, Activity: cnbc, Date: 2019-06-05  Authors: david reid
Keywords: news, cnbc, companies, irelands, economy, sounds, arrival, minister, irish, ahead, finance, trump, ireland, expected, look, trade, warning, varadkar


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Bombardier to sell manufacturing plant in Northern Ireland

As S&P 500 sits at a record, nearly a quarter of stocks are stuck…Not all stocks have joined in on the S&P 500’s move back to records. More than one-fifth of its components are still at least 20% from 52-week highs even as the underlying…Trading Nationread more


As S&P 500 sits at a record, nearly a quarter of stocks are stuck…Not all stocks have joined in on the S&P 500’s move back to records. More than one-fifth of its components are still at least 20% from 52-week highs even as the underlying…Trading Nationread more
Bombardier to sell manufacturing plant in Northern Ireland Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-02  Authors: david reid
Keywords: news, cnbc, companies, nearly, sits, manufacturing, underlyingtrading, quarter, bombardier, onefifth, plant, northern, sp, stucknot, record, ireland, sell, stocks, records


Bombardier to sell manufacturing plant in Northern Ireland

As S&P 500 sits at a record, nearly a quarter of stocks are stuck…

Not all stocks have joined in on the S&P 500’s move back to records. More than one-fifth of its components are still at least 20% from 52-week highs even as the underlying…

Trading Nation

read more


Company: cnbc, Activity: cnbc, Date: 2019-05-02  Authors: david reid
Keywords: news, cnbc, companies, nearly, sits, manufacturing, underlyingtrading, quarter, bombardier, onefifth, plant, northern, sp, stucknot, record, ireland, sell, stocks, records


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Ireland is adequately prepared for a disorderly Brexit, finance minister says

Ireland is adequately prepared for a disorderly Brexit, finance minister says7 Hours AgoThe U.K.’s recently-granted Brexit extension is seen as a positive development in Ireland, but the government is encouraging Irish companies to make all necessary preparations to cope with a potential disorderly Brexit, Irish Finance Minister Paschal Donohoe told CNBC’s Joumanna Bercetche during the IMF Spring Meetings in Washington, D.C.


Ireland is adequately prepared for a disorderly Brexit, finance minister says7 Hours AgoThe U.K.’s recently-granted Brexit extension is seen as a positive development in Ireland, but the government is encouraging Irish companies to make all necessary preparations to cope with a potential disorderly Brexit, Irish Finance Minister Paschal Donohoe told CNBC’s Joumanna Bercetche during the IMF Spring Meetings in Washington, D.C.
Ireland is adequately prepared for a disorderly Brexit, finance minister says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-14  Authors: niall carson, pa images, getty images
Keywords: news, cnbc, companies, prepared, minister, brexit, told, ireland, adequately, spring, uks, washington, finance, disorderly, irish


Ireland is adequately prepared for a disorderly Brexit, finance minister says

Ireland is adequately prepared for a disorderly Brexit, finance minister says

7 Hours Ago

The U.K.’s recently-granted Brexit extension is seen as a positive development in Ireland, but the government is encouraging Irish companies to make all necessary preparations to cope with a potential disorderly Brexit, Irish Finance Minister Paschal Donohoe told CNBC’s Joumanna Bercetche during the IMF Spring Meetings in Washington, D.C.


Company: cnbc, Activity: cnbc, Date: 2019-04-14  Authors: niall carson, pa images, getty images
Keywords: news, cnbc, companies, prepared, minister, brexit, told, ireland, adequately, spring, uks, washington, finance, disorderly, irish


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UK unlikely to leave the EU without a deal, Credit Suisse says

The possibility of the United Kingdom leaving the European Union without a deal in place can be ruled out, according to a senior Credit Suisse banker. There’s no appetite among the electorate — as well as the members of the U.K. parliament — for a so-called no-deal Brexit, Andrew Garthwaite, global head of equity strategy at Credit Suisse, said on Monday. “It seems extremely unlikely we get a no-deal Brexit. “It is a deal, with a no-deal Brexit.” The so-called Malthouse compromise is a Brexit pl


The possibility of the United Kingdom leaving the European Union without a deal in place can be ruled out, according to a senior Credit Suisse banker. There’s no appetite among the electorate — as well as the members of the U.K. parliament — for a so-called no-deal Brexit, Andrew Garthwaite, global head of equity strategy at Credit Suisse, said on Monday. “It seems extremely unlikely we get a no-deal Brexit. “It is a deal, with a no-deal Brexit.” The so-called Malthouse compromise is a Brexit pl
UK unlikely to leave the EU without a deal, Credit Suisse says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-25  Authors: saheli roy choudhury, anthony kwan, bloomberg, getty images, theresa may, uk prime minister, pauses during a news conference at a european unio, eu, leaders summit in brussels, belgium
Keywords: news, cnbc, companies, compromise, malthouse, suisse, northern, uk, brexit, ireland, socalled, nodeal, credit, deal, eu, leave, unlikely


UK unlikely to leave the EU without a deal, Credit Suisse says

The possibility of the United Kingdom leaving the European Union without a deal in place can be ruled out, according to a senior Credit Suisse banker.

There’s no appetite among the electorate — as well as the members of the U.K. parliament — for a so-called no-deal Brexit, Andrew Garthwaite, global head of equity strategy at Credit Suisse, said on Monday.

“It seems extremely unlikely we get a no-deal Brexit. The closest we can get to that is the Malthouse compromise on the Northern Irish backstop, which is looking for a technological solution,” he told CNBC’s Nancy Hungerford at the Credit Suisse Asian Investment Conference in Hong Kong. “It is a deal, with a no-deal Brexit.”

The so-called Malthouse compromise is a Brexit plan that addresses the border separating Northern Ireland and the Republic of Ireland — it is an important and contentious part of the negotiations with the EU.


Company: cnbc, Activity: cnbc, Date: 2019-03-25  Authors: saheli roy choudhury, anthony kwan, bloomberg, getty images, theresa may, uk prime minister, pauses during a news conference at a european unio, eu, leaders summit in brussels, belgium
Keywords: news, cnbc, companies, compromise, malthouse, suisse, northern, uk, brexit, ireland, socalled, nodeal, credit, deal, eu, leave, unlikely


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May’s Brexit vote is ‘on a knife edge’: Here’s what experts predict will happen

If they vote against a “no-deal” Brexit, they’ll then have a vote on whether to extend Article 50 (which sets out the departure process) and delay Britain’s departure which is currently set to take place on March 29. May’s deal initially failed to win enough approval in Parliament because of widespread opposition to a key part of the deal known as the “Irish backstop,” an insurance policy designed to prevent a hard border between Northern Ireland and the Republic of Ireland if the EU and U.K. fa


If they vote against a “no-deal” Brexit, they’ll then have a vote on whether to extend Article 50 (which sets out the departure process) and delay Britain’s departure which is currently set to take place on March 29. May’s deal initially failed to win enough approval in Parliament because of widespread opposition to a key part of the deal known as the “Irish backstop,” an insurance policy designed to prevent a hard border between Northern Ireland and the Republic of Ireland if the EU and U.K. fa
May’s Brexit vote is ‘on a knife edge’: Here’s what experts predict will happen Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-07  Authors: holly ellyatt
Keywords: news, cnbc, companies, mays, vote, ireland, heres, happen, brexit, uk, experts, deal, predict, edge, departure, eu, knife, need, northern, backstop


May's Brexit vote is 'on a knife edge': Here's what experts predict will happen

If they vote against a “no-deal” Brexit, they’ll then have a vote on whether to extend Article 50 (which sets out the departure process) and delay Britain’s departure which is currently set to take place on March 29.

May’s deal initially failed to win enough approval in Parliament because of widespread opposition to a key part of the deal known as the “Irish backstop,” an insurance policy designed to prevent a hard border between Northern Ireland and the Republic of Ireland if the EU and U.K. fail to strike a trade deal in a 21-month transition period post-Brexit.

Many lawmakers didn’t like the fact that Northern Ireland could remain closely-aligned to the EU due to the backstop and that it had an indefinite nature. The U.K. would also need the EU’s agreement to leave the backstop.

WATCH: Brexit explained: What you need to know


Company: cnbc, Activity: cnbc, Date: 2019-03-07  Authors: holly ellyatt
Keywords: news, cnbc, companies, mays, vote, ireland, heres, happen, brexit, uk, experts, deal, predict, edge, departure, eu, knife, need, northern, backstop


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EU’s Tusk says there’ll be a ‘special place in hell’ for the UK’s Brexit proponents

Tusk says ‘special place in hell’ for Brexiteers with no plan 4 Hours Ago | 00:17European Council President Donald Tusk stunned a Brussels press conference Wednesday by saying he wondered what the “special place in hell” looked like for those who “promoted Brexit without even a sketch of a plan of how to carry it safely.” Tusk, whose role is to represent the leaders of the 28 EU member nations, was speaking after talks with Irish premier Leo Varadkar in Brussels. Varadkar was then caught saying


Tusk says ‘special place in hell’ for Brexiteers with no plan 4 Hours Ago | 00:17European Council President Donald Tusk stunned a Brussels press conference Wednesday by saying he wondered what the “special place in hell” looked like for those who “promoted Brexit without even a sketch of a plan of how to carry it safely.” Tusk, whose role is to represent the leaders of the 28 EU member nations, was speaking after talks with Irish premier Leo Varadkar in Brussels. Varadkar was then caught saying
EU’s Tusk says there’ll be a ‘special place in hell’ for the UK’s Brexit proponents Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-06  Authors: david reid
Keywords: news, cnbc, companies, therell, hell, saying, place, brexit, backstop, ireland, proponents, northern, tusk, uk, brussels, uks, plan, special, eus


EU's Tusk says there'll be a 'special place in hell' for the UK's Brexit proponents

Tusk says ‘special place in hell’ for Brexiteers with no plan 4 Hours Ago | 00:17

European Council President Donald Tusk stunned a Brussels press conference Wednesday by saying he wondered what the “special place in hell” looked like for those who “promoted Brexit without even a sketch of a plan of how to carry it safely.”

Tusk’s Twitter account, which states it is managed by his media team, then repeated the comments for clarity.

Tusk, whose role is to represent the leaders of the 28 EU member nations, was speaking after talks with Irish premier Leo Varadkar in Brussels.

Varadkar was then caught saying to Tusk that “they will give you terrible trouble for this” in an apparent reference to the U.K. press.

Tusk also reinforced the EU’s stance that the Withdrawal Agreement was “not open for renegotiation” and hoped that U.K. leader Theresa May’s visit to Brussels on Thursday had “a realistic suggestion on how to end the impasse.”

May is visiting Brussels in an attempt to seek further concessions from the rest of the EU over how Britain will exit the bloc next month. The main point of contention within the current plan is the “backstop agreement,” currently in place as a safety net to avoid the return of a physical border between the Republic of Ireland and Northern Ireland.

A physical border is considered dangerous as it could the reignite sectarian conflict in Northern Ireland that was largely ended towards the close of the 20th century.

But the backstop is seen as unacceptable to some U.K. lawmakers who worry it will be used to permanently attach Britain and Northern Ireland to the European Union.

Tusk said keeping peace in Ireland was a priority.

“We will not gamble with peace or put a sell-by date on reconciliation. This is why we insist on the backstop,” he said.


Company: cnbc, Activity: cnbc, Date: 2019-02-06  Authors: david reid
Keywords: news, cnbc, companies, therell, hell, saying, place, brexit, backstop, ireland, proponents, northern, tusk, uk, brussels, uks, plan, special, eus


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Theresa May to reopen Brexit talks with Brussels: Here’s what you need to know

In January, the majority of the U.K. Parliament rejected the original Brexit deal, also known as the “Withdrawal Agreement.” But on Tuesday evening, MPs (Members of Parliament) voted on seven amendments that had been tabled by lawmakers in an effort to change the course of Brexit. MPs passed two amendments, including one which sought to replace the controversial “Irish backstop” with unspecified “alternative arrangements.” There has been criticism that the U.K. is just wasting precious time as t


In January, the majority of the U.K. Parliament rejected the original Brexit deal, also known as the “Withdrawal Agreement.” But on Tuesday evening, MPs (Members of Parliament) voted on seven amendments that had been tabled by lawmakers in an effort to change the course of Brexit. MPs passed two amendments, including one which sought to replace the controversial “Irish backstop” with unspecified “alternative arrangements.” There has been criticism that the U.K. is just wasting precious time as t
Theresa May to reopen Brexit talks with Brussels: Here’s what you need to know Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-30  Authors: holly ellyatt, nurphoto, getty images, emmanuel dunand, afp
Keywords: news, cnbc, companies, reopen, ireland, backstop, talks, deal, brussels, brexit, votes, theresa, heres, withdrawal, parliament, yesterday, need, know, eu, agreement, uk


Theresa May to reopen Brexit talks with Brussels: Here's what you need to know

In January, the majority of the U.K. Parliament rejected the original Brexit deal, also known as the “Withdrawal Agreement.” But on Tuesday evening, MPs (Members of Parliament) voted on seven amendments that had been tabled by lawmakers in an effort to change the course of Brexit.

MPs passed two amendments, including one which sought to replace the controversial “Irish backstop” with unspecified “alternative arrangements.”

This backstop is something of an insurance policy in the event of the U.K. and EU failing to agree a trade deal in a 21-month transition period (which itself only happens if there is a withdrawal agreement) after Brexit. It’s designed to prevent a “hard” border on the island of Ireland, and could mean Northern Ireland (which is part of the U.K.) remained closely aligned to EU rules for an indefinite period, an unpalatable prospect rejected by many politicians.

MPs also supported an amendment that states the U.K. will not leave the EU without a deal although the departure date remains the same, and the vote is not legally binding.

May said after the votes that she would return to Brussels to see if she can persuade the EU to amend the backstop part of the deal — something that both she and the EU have previously ruled out.

There has been criticism that the U.K. is just wasting precious time as the departure date draws near. Gabriel Felbermayr, the director of the Ifo Center for International Economics at the Ifo Institute, told CNBC that the votes Tuesday evening had done little to change the situation.

“We had this moment of theater again yesterday in the (House of) Commons and it was very entertaining to watch, but not very enlightening at all. We’ve heard the relatively negative responses out of Brussels — they are not going to renegotiate the Withdrawal Agreement — and we did not see what exactly the British Parliament really wants,” he told CNBC’s “Capital Connection.”

“They want a technical solution to make the border in Ireland soft but what this could be is not clear so we’re still at a loss. Of course, we need a compromise to make this deal possible and to avoid both sides losing economically … We do not have any further information that could calm our nerves that has come out of the British parliament yesterday.”


Company: cnbc, Activity: cnbc, Date: 2019-01-30  Authors: holly ellyatt, nurphoto, getty images, emmanuel dunand, afp
Keywords: news, cnbc, companies, reopen, ireland, backstop, talks, deal, brussels, brexit, votes, theresa, heres, withdrawal, parliament, yesterday, need, know, eu, agreement, uk


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Theresa May makes last-ditch Brexit bid to win over UK lawmakers

British Prime Minister Theresa May announced tweaks to her much-maligned Brexit deal on Monday, in the hope of winning over lawmakers who overwhelmingly rejected her proposals last week. A major sticking point to her withdrawal deal is an agreement to ensure no hard border returns between Northern Ireland and the Republic of Ireland. “The right way for this house to rule out ‘no deal’ is for this house to approve a deal with the European Union,” she said. May said she would continue to hold furt


British Prime Minister Theresa May announced tweaks to her much-maligned Brexit deal on Monday, in the hope of winning over lawmakers who overwhelmingly rejected her proposals last week. A major sticking point to her withdrawal deal is an agreement to ensure no hard border returns between Northern Ireland and the Republic of Ireland. “The right way for this house to rule out ‘no deal’ is for this house to approve a deal with the European Union,” she said. May said she would continue to hold furt
Theresa May makes last-ditch Brexit bid to win over UK lawmakers Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-21  Authors: david reid, pa images, getty images
Keywords: news, cnbc, companies, talks, rule, lawmakers, theresa, statement, lastditch, bid, uk, northern, rejected, house, brexit, week, ireland, deal, makes, win


Theresa May makes last-ditch Brexit bid to win over UK lawmakers

British Prime Minister Theresa May announced tweaks to her much-maligned Brexit deal on Monday, in the hope of winning over lawmakers who overwhelmingly rejected her proposals last week.

A major sticking point to her withdrawal deal is an agreement to ensure no hard border returns between Northern Ireland and the Republic of Ireland. Some Brexiteers feel that “backstop” could be used by Brussels as a means to keep Britain within the EU while the Northern Irish Democratic Unionist Party (DUP) is nervous it would lead to Northern Ireland being treated differently from the rest of the U.K.

In a statement to the lower house of Parliament on Monday afternoon, May said she would now discuss with the DUP on how to allay fears among the people of Northern Ireland before returning to negotiate further with Brussels.

However, May said the prospect of a second Brexit referendum did not enjoy majority support and also rejected the growing calls for her to rule out a “no-deal” Brexit as a possibility.

“The right way for this house to rule out ‘no deal’ is for this house to approve a deal with the European Union,” she said.

In what appeared to be some small concession to opponents, May said her government would also guarantee that workers’ and environmental rights would not be eroded post-Brexit and that a £65 ($84) fee for EU nationals applying for settled status would now be abolished.

May said she would continue to hold further meetings on Brexit next week and hoped that opposition leader Jeremy Corbyn would hold talks with her. Corbyn’s response to May’s statement was to accuse her of failing to realize the extent of her defeat last week and that her cross-party talks have been a “sham.”

Prior to the statement, sterling sat at 1.2870 versus the dollar and rose to $1.2890 as she spoke.

Parliament will now debate Monday’s statement from the U.K. leader before a vote on the motion is taken on Tuesday January 29.


Company: cnbc, Activity: cnbc, Date: 2019-01-21  Authors: david reid, pa images, getty images
Keywords: news, cnbc, companies, talks, rule, lawmakers, theresa, statement, lastditch, bid, uk, northern, rejected, house, brexit, week, ireland, deal, makes, win


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EU doesn’t want to ‘trap the UK into anything’, Irish leader says

The EU could give further written guarantees to the U.K. in order to help ease the pressure leader Theresa May is experiencing ahead of a crucial vote next week, the Irish prime minister said. The U.K. Parliament is due to vote next week on the Withdrawal Agreement — the 585-page document that the EU agreed with May’s government and outlines how the U.K. should leave the European Union in March. The vote had been originally scheduled for December 11, but May decided to postpone it given the oppo


The EU could give further written guarantees to the U.K. in order to help ease the pressure leader Theresa May is experiencing ahead of a crucial vote next week, the Irish prime minister said. The U.K. Parliament is due to vote next week on the Withdrawal Agreement — the 585-page document that the EU agreed with May’s government and outlines how the U.K. should leave the European Union in March. The vote had been originally scheduled for December 11, but May decided to postpone it given the oppo
EU doesn’t want to ‘trap the UK into anything’, Irish leader says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-08  Authors: silvia amaro, wpa pool, getty images news, getty images
Keywords: news, cnbc, companies, uk, doesnt, vote, trap, irish, minister, eu, leader, policy, trade, ireland, northern, week, prime


EU doesn't want to 'trap the UK into anything', Irish leader says

The EU could give further written guarantees to the U.K. in order to help ease the pressure leader Theresa May is experiencing ahead of a crucial vote next week, the Irish prime minister said.

The U.K. Parliament is due to vote next week on the Withdrawal Agreement — the 585-page document that the EU agreed with May’s government and outlines how the U.K. should leave the European Union in March. However, the plans have proved controversial for many and will likely be rejected by lawmakers.

The vote had been originally scheduled for December 11, but May decided to postpone it given the opposition to the deal.

The biggest concern for many lawmakers is the Irish backstop — a last-resort insurance policy that aims to prevent a hard border between Northern Ireland and the Republic of Ireland in the event that there’s no future trade agreement agreed.

Brexiteers and other U.K. lawmakers believe this policy would force Northern Ireland to follow EU rules. However, both Westminster and Brussels have said this is not the aim and if it were to happen, it would only apply until they implement new trade arrangements.

Irish Prime Minister Leo Varadkar said the EU could further explain what its intentions with this backstop are.


Company: cnbc, Activity: cnbc, Date: 2019-01-08  Authors: silvia amaro, wpa pool, getty images news, getty images
Keywords: news, cnbc, companies, uk, doesnt, vote, trap, irish, minister, eu, leader, policy, trade, ireland, northern, week, prime


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