The Day Today 5th February 2019

  • UK PM May will head to Belfast today to reassure the DUP she intends to renegotiate the N Irish backstop
  • Former N Ireland Minister Trimble plans to take the UK Govt to court over violation of the Good Friday Agreement
  • Culture Sec Wright on his proposed new internet privacy laws: “era of self-regulation of the internet is coming to an end”
  • Labour MP Flint calls on all MPs to back any “reasonable deal” to “sort Brexit”
  • Times: Pro-Brexit MPs reject EU Selmayr’s offer a “legally binding” assurance on the backstop
  • EU Selmayr tells MPs UK must pay 30bn EUR even in the event of a No Deal
  • Germany Chlr Merkel calls for a “creative” compromise to break Brexit deadlock
  • UN report expects trade to be diverted to the EU due to US-China trade war
  • Cleveland Fed Mester: “I fully supported the decision” to hold interest rates steady
  • Rtrs: US intends to ‘hold China accountable’ for unfair, market-distorting trade
  • Pres Trump is expected to nominate David Malpass as the next head of the World Bank
  • Bloomberg: BOJ official warns that a stronger JPY is coming due to China trade war
  • RBA unch; underlying inflation would take a “little longer than expected” to rise, some downside risks in Australia and globally had increased

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