FirstFT: The UK has set a course of conflict with the EU in accordance with the plan to re-enact the Brexit treaty


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Britain will put itself During the collision Brussels today announced a series of requirements that will completely reform the post-Brexit trade arrangements between the UK and Northern Ireland.

The Minister of the Cabinet Office, Lord David Frost, will outline what officials call “wholesale changes” aimed at canceling most of the inspections of the Irish Sea trade borders that took effect in January.

If the EU does not make concessions, the UK may suspend the Northern Ireland Agreement. Frost warned that the UK has the right to activate the priority clause of Article 16 of the agreement.

Britain’s new position may anger Brussels. According to the terms of the Northern Ireland Agreement agreed to by Johnson in 2019, in order to prevent Ireland from restoring its hard border, all goods shipped from the UK to the region must comply with EU customs and agricultural products rules.

There are five more stories in the news

1. Jeff Bezos touches space Amazon founder turns into private space entrepreneur Reached the downstream of space After a series of long delays, earlier yesterday. He thanked “every Amazon employee and every Amazon customer, because you paid the price for all this.” Blue Origin’s successful mission is a time worth savoring, but Elon Musk’s SpaceX is still on the street ahead.

“All polluting industries will leave the earth, and the earth will eventually be divided into residential areas.” — Jeff Bezos

Jeff Bezos left the capsule yesterday after flying on the New Shepard spacecraft © Blue Origin/AFP via Getty Images

2. Trump allies accused of illegally serving as UAE agents Tom Barrack is the former CEO of Colony Capital. He was one of Donald Trump’s earliest supporters in the 2016 presidential campaign. Arrested and charged Acting as an agent in the United Arab Emirates illegally.

3. UBS launches investment portfolio for female-led hedge funds The Swiss bank’s asset management department has launched a portfolio that specifically invests in Women-led hedge funds Work hard to improve diversity and find talent in male-dominated industries. The percentage of women in hedge funds is 18.6%, ranking second among the seven alternative asset classes.

4. Netflix reduces subscribers The streaming media group lost 430,000 subscribers in the United States and Canada in the second quarter and issued weaker-than-expected forecasts. Rekindling investor misgivings Regarding the performance of market leaders after the economy reopened from the pandemic.

5. US special envoy: China must reduce emissions The US climate envoy, if the earth is to avoid climate chaos, Beijing must reduce emissions in this decade John Kerry told the Financial Times He issued a stern assessment that the world has failed to fulfill its environmental commitments.

  • read more: Climate change has Arrived in China, The abnormally high temperature of more than 35 degrees Celsius caused the most serious power shortage in a decade.

Coronavirus Digest

  • Wall Street Recover losses Yesterday from Global rout the day before.

  • The blood sample is tested in Italy Started again about whether Coronavirus spreads in Europe As early as October 2019, before the Chinese authorities confirmed the first case in Wuhan.

  • China’s committed to Achieve zero Covid cases This means that most of its citizens may remain isolated from the world until the end of the year or even 2022.

  • Burmese The case has More than doubled weekly. This situation is particularly deadly due to the public’s distrust of the military government.

  • Delta variant accounts for More than 80% New cases we, The health official said. Republican voters are less likely to get a jab than Democrats. This is why.

The 1 million children who lost their parents in the pandemic need urgent government support, otherwise they will face long-term harm. Seth Flaxman wrote, Senior Lecturer at Imperial College London. Follow our live coronavirus Blog with Sign up For us Coronavirus business update Learn more in the newsletter.

the day before

income Johnson & Johnson, this is part of the proposal $26 billion settlement In order to resolve claims that it contributes to the opioid crisis, today’s second-quarter results are released.Last month’s group Agreed to a $230 million settlement Settle similar claims with New York State.

  • Also reporting earnings: Coca-Cola, Dutch chip equipment supplier ASML, recently received Highest bill Recognized as a climate leader by MSCI, Verizon, software and service providers SAP, United Airlines, Daimler, Harley-Davidson, Novartis and Akzo Nobel.

What are we still reading

Europe’s expensive chip plan The European Union is seeking to enter the top global semiconductor manufacturing alliance, setting a goal of doubling its share of the global chip market by 2030. But will it eventually come true? Squander public funds Chasing geopolitical ambitions that may not be supported by industry and market logic?

It’s time to embrace the central bank’s digital currency How should central banks deal with digital technology? Part of the reason is that they and the government must control the Wild West of private funds. But they must introduce their own digital currency, Martin Wolf believes.

How Israel uses NSO spyware as a diplomatic business card This Israeli company has been attacked by activists for selling military-grade surveillance software to an authoritarian regime Played a vital role In the process of its government trying to attract countries such as the UAE, Bahrain and Saudi Arabia, it has revealed the close connection between the technology unicorn and the highest level of Israel.

Corporate values ​​must go beyond buzzwords Official statements of corporate values ​​are usually a maddening mixture of gibberish and gibberish. Integrity, innovation, respect, responsibility and sustainability have been among the top buzzwords in the past two years. Brook Masters Suspect Their popularity is that they are extremely difficult to measure.

We can no longer say that the flood is an act of God Western citizens began to believe that the worst floods occurred elsewhere, that is, developing countries. But the modern city, a fortress of tarmac and concrete, the miracle of modern civil engineering, has left us with a false sense of security. That dam may be about to burst, Joey Low Dick writes.

fashion

Speaking of summer clothes, crease is the word Like many things, summer suits Is moving towards reshaping. Nicholas Foulkes explains how men accept the art of casual dressing after the lockdown.

Matt Damon and Jude Law in

Matt Damon (left) and Jude Law in “The Genius Ripley” (1999)

Newsletter recommended for you

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