Markets

And so it begins: Brexit talks to focus first on orderly exit

And so it begins: Brexit talks to focus first on orderly exit

Talks on Britain leaving the European Union began Monday with both sides saying they will focus first on an orderly withdrawal: a deal for citizens living in each other's territory, border arrangements between Ireland and the United Kingdom and the amount that Britain will pay to get out of previous EU commitments.

David Davis took a team of eight to Brussels to face the EU's chief negotiator Michel Barnier.

But the government still wants to negotiate its future trade relationship with the European Union "alongside" talks on the terms for Brexit.

"Today we agreed on dates, we agreed on organisation and we agreed on priorities for negotiations", he told a joint press conference with his British counterpart David Davis.

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

European Union leaders warned Britain could end up with a "brutal Brexit" because of Theresa May's weak government.

"We need back control of our borders, we will leave the single market and the customs union." he said.

Anxious by immigration and loss of sovereignty, Britons voted a year ago to end their country's four-decade membership in the 28-country bloc - the first nation ever to do so.




The vote came as a profound shock to Brussels against a backdrop of rising anti-EU sentiment, with many - including now US President Donald Trump - predicting the bloc's eventual break-up.

Ms 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.

Reuters reported that the two chief Brexit negotiators agreed that talks until October should focus on citizens' rights, a financial settlement and other separation issues, with a separate dialogue on Northern Ireland, a document showed.

The two sides agreed to hold four further monthly rounds of talks, with the next on July 17, on the key issues of Britain's divorce from the bloc. Davis said she will tell them about plans to guarantee rights for some 3 million European Union citizens in Britain under a proposal to be made next week.

It comes as Philip Hammond warned failing to secure a Brexit deal would be "very, very bad" for the country and insisted there must be transitional arrangements to avoid a "cliff edge".

Davis said Prime Minister May will also set out at an EU summit on Thursday her proposals for the rights of the three million EU nationals living in Britain, and one million Britons in the EU, with the British government to publish a detailed offer next Monday.

"The best way we can spend this week is to rebuild trust", rather than tackle the big hard issues right at the start, a European source said.

"I would like us to get a good agreement that is in both sides' interests. There is more that unites us than divides us".


  • Donald Trump Jr. Blasts BBC After Misleading Jerusalem Attack Headline

    Both Islamic State and Hamas have said they were to blame for the killing of an Israeli policewoman in Jerusalem . According to police reports, two of the attackers opened fire on police while a third stabbed the policewoman.

    Trump's attorney says he is not under investigation

    But there is no hard-and-fast rule requiring a potential defendant to be advised of an investigation and his or her role in it. The committee sent a bipartisan letter this month to White House counsel Don McGahn seeking an answer by this Friday.

    Ivanka Trump expresses solidarity over London mosque attack

    Shortly after the incident took place, Khan referred to it as a "horrific terrorist attack ". The man receiving treatment was killed in the attack in the early hours of Monday.
  • Spicer expected to take less public role

    Spicer expected to take less public role

    In that position, which is considered a promotion for Spicer, he would manage the press office, as well as other branches of the communications department.

    Watch Andre Ward vs Sergey Kovalev 2 Live Results on HBO PPV

    Andre Ward scored an eighth-round technical knockout over Russia's Sergei Kovalev to defend his three light-heavyweight titles. Kovalev now picks up his second back-to-back loss, dropping to 30 wins, 2 defeats, 1 draw, 26 knockouts.
    Mexico snatch late 2-2 draw against Portugal in Confed Cup

    Mexico snatch late 2-2 draw against Portugal in Confed Cup

    Group A also includes Russian Federation and New Zealand which played their game on Saturday. Portugal have drawn their opening group fixture in the Confederations Cup .
  • Several injured in London after reports of vehicle ramming pedestrians

    A set of deadly terrorist attacks in the United Kingdom hit London in March and in June, and the city of Manchester was targeted in May.

    London mayor on attack against Muslims: 'Terrorism is terrorism'

    Witnesses alleged he tried to escape after the attack , shouting: "I want to kill Muslims - you deserve it", and "I did my bit". Manchester was also hit in May when a bomber killed more than 20 people at an Ariana Grande concert.
    Macron's party wins clear parliamentary majority

    Macron's party wins clear parliamentary majority

    The hard-left France Unbowed won 17 seats as it also struggled to maintain the momentum it had during the presidential election. She warned that despite Macron's safe parliamentary win, his ideas "are not the majority".
  • SpiceJet commits to buy Boeing's 737 MAX 10 planes worth $4.7 billion

    SpiceJet commits to buy Boeing's 737 MAX 10 planes worth $4.7 billion

    It was launched by Boeing at the air show and will compete with Airbus's similar offering, which can seat 240 passengers. Boeing did announce provisional new orders for 90 MAX 10s including 50 from Indonesia's Lion Air.
    London fire: At least 79 people presumed dead in Grenfell Tower inferno

    London fire: At least 79 people presumed dead in Grenfell Tower inferno

    They added: "We have endeavoured to keep accommodation as local as possible, and we completely accept residents' wishes to remain close to the community".
    Cavs, GM Griffin to part after 3 straight NBA Finals trips

    Cavs, GM Griffin to part after 3 straight NBA Finals trips

    He was named the Cavaliers' interim general manager in February 2014 before taking over the position full-time a few months later. Griffin was in control during the team's return to prominence after LeBron James came back from Miami.