-
Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
EM Policy
EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM EM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
Commodities
Real-time insight of oil & gas markets
-
Credit
Credit
Real time insight of credit markets
-
Data
-
MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
-
About Us
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessFrost: Implementation Of NI Protocol Doesn't Reflect Balance We Agreed
UK Cabinet Office minister Lord Frost, speaking to the Committee on the Workings of the Protocol on Ireland/Northern Ireland in the Stormont assembly, attempts to defend the negotiation of the NI protocol, which has seen relations between the UK and EU sour as well as enraged the unionist/loyalist community.
- When asked by committee chair Colin McGrath (SDLP) 'If your deal is so shoddy why did you negotiate it?', Frost replies that "The underlying issue is the way it is being implemented at the moment doesn't reflect the balance we believed we agreed."
- Frost offers little clarity on what would be required for the UK gov't to trigger Article 16 of the Brexit Withdrawal Agreement, which allows for the suspension of the NI protocol in extreme circumstances. Tony Connelly at RTE tweets on the committee hearing: "Lord Frost hedges when asked what the threshold would be on diversion of trade to trigger Article 16: "It's not possible to give a trigger threshold. Article 16 is quite an unusual provision, there isn't a great deal of international jurisprudence on the issue to say when there's a problem. I don't think it's possible for us to say x pc of trade going in one direction is grounds for triggering A16. What we are seeing is an increase in trade diversion which is there and happening. But all options are on the table."
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.