Penny Finally Drops With Junker ? – All His Threats Are Failing.

Above – (UK) Minister Gove – UK Government


Below – What the EU Does For Live Animals Exported To Turkey


‘Brexit is CATASTROPHIC!’ Juncker finally admits British ‘never felt comfortable in EU’

Reproduced from


JEAN-CLAUDE JUNCKER made another plea to the British people to reconsider leaving the European Union after a chorus of fresh calls for a second Brexit referendum.

The President of the European Commission said the European Union’s hands were “outstretched” to welcome Britain back into the bloc. 

Speaking in European Parliament, he said: “When it comes to Brexit I am sure that there will be no winners from this situation.

“This is a lose-lose situation, it’s a lose-lose situation both for the British and for the members of the European Union.

“I continue to feel that the exit of Great Britain is a catastrophe. 

“It is a defeat that we all have to deal with the consequences of but the causes of the British decision run much deeper.

“As Mrs May has said the British have never felt entirely comfortable with the European Union so the guilt lies upon many shoulders. 

“Mr Tusk said that our hands remain outstretched.

“The British people, the British government may wish to find a different way out of the Brexit situation, we’re very much willing to deal with them. 

“We are not throwing the British out, we would like the British to stay and if they so wish they should be allowed to do so.”

Mr Juncker also addressed outrage by Brexiteer’s over the EU’s attempts to bring Britain back into the fold on Tuesday. 

He said: “I did note that in London, there was a rather irritated response to this proposal.

“Note that even if the British leave, according to Article 50, then Article 94 would allow them to exit again.

“I would be happy to facilitate that so I certainly wouldn’t want to push anyone into a corner.” 


SAV Comment – No Thanks – Penny Dropping with you now is it ? – should have listened to the people of the UK and the rest of the EU years ago.  Here is just  one reason why !





Pound euro exchange rate update:

Pound will ROCKET this year with Brexit clarity


Reproduced from


THE POUND is “very, very” undervalued and could make some major gains against the dollar this year as more clarity about Brexit emerges.

The pound could rocket in 2018 as Brexit uncertainty clears up, Peter Kinsella, senior FX and rates strategist at the Commonwealth Bank of Australia said. 

Speaking to CNBC about which currency would make the biggest gains against the dollar in 2018, he said: “It’s a toss up between sterling and the euro.

“I think sterling’s very undervalued, I’ve thought that for quite some time.

“The initial optics when we get to the beginning of Brexit negotiations in March will probably be poor for sterling.

“Because I think what you’ll find is the European Union negotiators as they said, slaughter a few unicorns, and I think that was the term they used.”

Kinsella said this might have a negative impact on the pound in the short term but that clarity around Brexit will push sterling up by the end of the year. 

He said: “I think short-term that will be poor for sterling but over the medium term, sterling is very very undervalued.

“If we get some kind of a trade deal I think that will be good news for sterling.”

In a note on Monday, ING FX strategist, Viraj Patel, who sees sterling above $1.50 this year, said: “Judging by GBP’s rally since late November, which has continued in the first few weeks of the new year, a reassessment of the Brexit political games looks to be underway.

“But we feel there is more upside to come – especially if a transition deal were to be signed, sealed and delivered in 1Q18.”

The pound rose 0.4 percent against the euro to 1.1289 at 12:57 in London. 

Sterling was little changed against the dollar at 1.3786 at 12:57 in London. 

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: