The Day Today 14th January 2019

  • UK PM May due to say today that if MPs reject her Brexit deal, “No Brexit is more likely than No Deal
  • Should PM May lose her vote tomorrow, rebel pro-EU Tory MPs led by Morgan, Boles and Letwin have published legislation passing negotiation authority to the backbench Liason Committee
  • Times: senior backbench Tory MP thinks PM May “will lose [her] ability to govern” should she lose the vote
  • ITV: PM May due to make a statement to the Commons today regarding Irish Backstop
  • Pro-Brexit Tory MPs table a motion attempting to time-limit the backstop to Dec 2022
  • Telegraph: 12 Tory MPs, including 8 former ministers, write to all Tory MPs urging them to pursue a No Deal Brexit
  • Labour leader Corbyn pledges to hold a no-confidence vote in PM May “soon”
  • Brexiteer Tory MPs and Labour MPs in heavy Leave constituencies come out in support for PM May’s deal
  • Guardian: EU diplomats are expecting Downing St to extend Article 50 when PM May’s deal fails
  • Il Sole: Italy FinMin Tria is working on an emergency plan to guarantee the UK financial instruments on the Milan stock exchange
  • ECB Nowotny says he would be “cautious” about a rate hike in 2019
  • Greece PM Tsipras calls for a confidence vote after his coalition partner resigns
  • France Pres Macron address the nation in letter and asks protestors to come off the streets as riots enter ninth week
  • Germany far-right AfD party pledges to campaign for a possible German exit from the EU
  • Die Welt: US Amb to Germany Grenell warns Germany companies of possible US sanctions should they continue to work with Russia companies involved in Nord Stream 2
  • Pres Trump warns Turkey of economic “devastation” should they invade Syria to fight Kurds
  • Independent: White House source says Ivanka Trump is “being considered” as next head of World Bank
  • WSJ: Trump Administration previously asked the Pentagon for options regarding military action against Iran
  • FT: senior Democrat congressman warns White House not to take “easy” deal with China and push for real change
  • Saudi Energy Min al-Falih: Moscow has moved “slower than we’d like” on its crude production cuts
  • Liberty St Economics: Co-Movement of the Dollar and Oil Prices

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