Cyprus-Forum.com

[miltiades]

" Businesswoman challenging PM's right to trigger Brexit in High Court"
" If judges decide there must be a vote in Parliament then the possibility of MPs defying the result of the referendum is raised.

The majority of MPs campaigned to stay in the EU and they could vote to block the very start of the process which the majority of constituents backed.

The courts could make politics very difficult in the coming weeks."
http://news.sky.com/story/businesswoman ... t-10614970

When Lawyers get involved in ANYTHING it gets complicated and difficult.

If May has a majority and applies the whip (and thumb-screws) it would still happen!

March 2017 is such a long way away in politics. Anything can and may happen !!
The courts can not dictate to the government but could influence MPs.
I have this feeling that brexit is a long way off, prices in supermarkets have started to rise, and as they say people vote with their pockets, petrol all ready up 5p per ltr, diesel too.
Who knows where the pound will be 5 months down the road!!

[Tim Drayton]

The courts can not dictate to the government but could influence MPs.

Surely, this is judicial review and it is binding on the government.

[miltiades]

The courts can not dictate to the government but could influence MPs.

Surely, this is judicial review and it is binding on the government.

On the radio this morning we heard from one or two legal constitutional " experts" that the courts can not force the government to implement the courts decision or pronouncement.
Who knows Tim, many contradictory statements also made on the Royal prerogative issue.
" Today the royal prerogative is available in the conduct of the government of the United Kingdom, including foreign affairs, defence, and national security. The monarchy has a significant constitutional presence in these and other matters, but limited power, because the exercise of the prerogative is in the hands of the prime minister and other ministers or other government officials."

[Lordo]

the court can dictate if the government is breaking the law. they wanted to keep the legal advice regarding declaring article 50 a secret and the court has already passed judgement to say they will have to publish it. today they are going to court to decide whether article 50 can be declared without a vote in parliament and the lords. that decision is not due till monday.

[Tim Drayton]

On the radio this morning we heard from one or two legal constitutional " experts" that the courts can not force the government to implement the courts decision or pronouncement.

Thanks for the information. We have to be guided by the experts here, of course.

[miltiades]

Tesco Supermarket removes Unilever products from its on-line shopping challenging Unilevers demand for a 10% increase on its products, citing the fall in the value of the pound as the " culprit".
Unilever is the UK's biggest food and grocery manufacturer, claiming that 98% of UK households have at least one of their products at home.

This of course is one of the first hike in prices, hundreds more will follow, as a direct result of the catastrophic brexit vote.

Come Christmas time those shoppers who voted to have ....their country back and fell for the crap concerning the 350 million pounds the NHS would benefit by coming out Europe, will begin to realize how costly their decision has been.

Robin, our friend here, is losing money, his pension has been greatly affected, he still thinks that leaving the EU is a smart move.
I shall ignore our Aussie friend since he is not connected with the UK and frankly knows very little of is happening here.

I live and work here, I can feel the pinch, I felt it from the first day.

My fuel costs have risen, I run 3 vans and a car, should I say thanks to the geriatric little Englanders for costing money. Like hell I would.

By the way, it does look more likely that repealing the 1972 accession act will require a parliament vote. Nothing the closet brexeteer May can do about it. Lets see what happens then.

[Maximus]

RED ALERT : Prepare for severe stock market crash, warns HSBC

https://www.rt.com/business/362618-stoc ... vere-fall/

[Londonrake]

All avenues were of course going to be explored to overturn the referendum result, let's be honest. I still will not be at all surprised if Brexit doesn't happen, at the end of the day. However, and I suppose it depends upon your POV, what does that say about "democracy"?

They asked the population of the UK, simply "Do you wish to remain a member of the EU?". The answer of course was "No". Twist and turn as much as you wish. Talk contemptuously about "Little Englanders" "Geriatrics" how people were "Lied to" (in an political campaign - never!) but, fundamentally the question remains. If it doesn't happen - I ask again - what does that say about "democracy".

With respect - a lot of your reactions would make the Commission proud. Never trust the electorate. And that was how Monnet designed the system. It will - as it was always and inevitably going to - end in tears, however the UK's future turns out.

[Paphitis]

Miltiades:
I’ll give you a tip. Where I live we have a lot of finished and half finished properties, that were repossessed by the banks from developers (Russian .... owes around €10-12m) . I have heard that you can do a good deal with the Bank, who are only interested in getting the interest out of any deal (The capital sum they write off anyway) Certainly worth a thought ..... good location ......plenty of choice ...... close to shops ( 5 miles) and the highway ...... and you even get me for a neighbour at no extra cost!

Having you as a neighbour would be enough to devalue the property even further.

No wonder the Russian defaulted and had his property repossessed. I'm not surprised tbh!

You are expressing your usual opinion on most subjects ..... from a position of total ignorance. You have no idea what I am like at all. FYI: I am more like THE Robin Hood than you could ever imagine !

No you aren't a robin hood.

I can tell you i wouldn't want a neighbor like you because I can only imagine and presume it wouldn't be very pleasant. Plus, we have mutual acquaintances btw hence i know more about you than you think.

Someone who disrespects Human rights and The Geneva Convention and supports war crimes is a major red line for me. You are far too obsessed with everything that is anti west, very supportive of criminals, and also obsessed with banks and finance and you even mentioned that you want the entire system to collapse. So in my assessment, you are a person who may rejoice in the misfortune of others and you are certainly very supportive of Pootin and Russia and in fact would be very supportive of ANYONE as long as they are against the West no matter if they are good or bad.

that say's a lot about you. I am a lot more flexible than you are as I simply just can't tolerate injustice whether it is committed by the West, China or Russia. Not as one eyed as you might think but you are one eyed and tunnel visioned.

I doubt we have any mutual acquaintances. The only one that would likely be so is ............. but he has denied it!!!

I do not support nor do I recognise any of the things you attribute to me. (Except money/banking ... but then I know a lot more about it than you do, which is evident in any related posts). You are lack any common sense, you are inflexible, ignorant, arrogant, conceited, incapable of presenting a sound argument and never provide any evidence that supports the heavily biased rubbish you spew. I judge actions on evidence from any sources rather than believing the crap you do, which is sooooo anti-Putin/Assad it is obviously not derived from actual events.

Tell me .... when you wake in the morning do you stand in front of the bathroom mirror congratulation yourself for being such a wonderful person? Because you are so obviously very full of your own sh*t.

I'm not that wonderful but thanks for the compliment, however my assessment of your character stands because of the material you post here.

And Bingo on our mutual acquaintance who is a rather nice chap. You also had a run in with someone else who will remain nameless. I doubt it is the person you suspect. Nothing is what it seems and I doubt you can work it out. Small world though brother!

[Paphitis]

LR:

I would draw your attention to the link below to one of my previous posts. I appreciate life is short but there you will find half a dozen articles which clearly show that long before Brexit was a reality Sterling was a much overvalued currency. The articles are from sources of widely ranging political standpoints (Guardian/Telegraph) and I think, to any reasonably minded individual, will be seen as an objective view of the currency's position and impartial forewarning of a significant adjustment. "The most overvalued currency in the World". If you were inclined to you could also find the same warnings from the likes of the IMF and Frau Merkel.

Although I can understand Miltis’s comments on his losses in the price of his house due to the loss in value of the pound, he should also take into account that UK property is also grossly overpriced, I have no idea by how much but it has to be at least double the true/realistic value compared to income over time. So even losing 100K Milti you are still quid's in as property in Cyprus is just about as low as it will go at the moment, so you will gain on that side of the equation.

If you wait for the pound to recover ..... the housing market could nose dive when Paphitis cashes in on his gains and sells off his UK property portfolio and then you could lose even more than the 100k you all ready consider lost.

It is all down to speculators and The Markets !!!!!

Maybe someone could tell me how anyone could declare a currency ‘over valued’ or ‘under valued’? What yard stick do you use as the base line to compare it with? Take the Euro; it’s purchasing power varies according to which bit of Europe you live in. Local taxes vary from country to country, as do salaries but ....... the cost of fuel will more or less be the same as the price is in dollars and converted to Euro’s at a rate that applies to all countries that use the Euro as currency.

My question is; How to you value a currency to determine its true value?

I don't have a property portfolio in the UK. But it's an interesting idea. Might need to NAB a good bargain whilst the going is good!

Son told me he wants to be a Pilot and so I have plans to send him to the Oxford Flying College, Oxford University. He won't be doing it the way I did. He is starting young too as I am teaching him many things about space, time, distance, orientation, weather but just the basics.

So, it's time to make plans and map out his future!

I have all the contacts too!