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BREAKING: The EU and UK have agreed a trusted trader scheme that would mean exemptions from tariffs for up to 98pc of goods flowing between Great Britain and Northern Ireland from January 1, @rtenews has learned.
The other 2% wd potentially avail of rebates from any tariffs.

 2/ Tariffs would mostly only apply if no free trade agreement is concluded between the EU and UK.

Both sides have also agreed that agrifood products coming from GB to Northern Ireland will be exempt from requiring export health certificates for a period of at least three months
3/ These have proved the biggest concern for UK supermarket chains in NI, who rely on large and mixed consignments of food coming from GB depots.
Export health certificates can cost up to £200 per product and need to be signed off by a designated veterinary inspector.
4/ It’s understood the issue of how supermkts will comply with EU food safety rules could be dealt with through a UK commitment - possibly a declaration - that it does not intend to change its food safety rules from Jan 1. At that point the rules will be the same as the EU's.
5/ The trusted trade scheme would be subject to a review, or sunset clause, three and a half years after the Protocol comes into effect, according to an internal EU briefing
6/ If the EU is not satisfied with the way the scheme is operating, it can trigger an emergency brake through the EU UK Joint Committee, which is tasked with implementing the Northern Ireland Protocol.
7/ Alternatively, the system could be tweaked rather than halted completely, depending on how it is operating. The 3.5 yr review clause is deliberately timed to precede the first vote of the NI Assembly on whether or not the trade provisions of the Protocol should be continued.
8/ This is under the consent clause of the Protocol.
9/ It’s understood that chilled meats, sausages, mince and unfrozen prepared meals - which are prohibited and restricted from entering the EU from third countries - will be permitted for a period of time, pending a review by both sides.
10/ It’s understood that once a derogation period has elapsed, NI supermarkets will have to source such products locally or from the South.
11/ RTE News also understands that the various grace periods and derogations will give supermarkets time to improve their own food traceability and stock management systems...
12/ ...which in turn could play a role in reassuring MS as to the safety of food supplies entering the single mltarket from GB, which will be a third country.
13/ The EU and UK have also agreed in principle that exit summary declarations for goods going from NI-GB will not be required +the information will instead be generated from data - such as that held on manifests - that already exists for NI-GB ferry consignments.
14/ EU officials who are entitled to monitor the implementation of checks and controls at Northern ports will be based in temporary office space, such as co-working facilities, it’s understood.
15/ These officials, mainly from the customs sphere, will be recruited from member states and rotated in and out of Northern Ireland.
16/ However, EU member states will also be entitled to monitor UK customs databases within their own capitals as part of their surveillance of goods entering Northern Ireland, and thereby entering the rest of the single market.
17/ The College of EU Commissioners is this morning being briefed on the agreement, and both sides are expected to publish the details tomorrow.

ENDS

More from Tony Connelly

Tony Connelly
Tony Connelly
@tconnellyRTE
Here is the rough transcript and story of @realDonaldTrump's NI envoy, his meeting with @simoncoveney and the alleged threat of the EU using aviation as leverage over the UK if the Internal Market Bill led to a hard border on the island of Ireland.

2/ Mr Mulvaney was talking to the @iiea via video link.

Asked about the concerns in the US over the IMB, which breaches the NI Protocol, Mr Mulvaney said that in his meetings with all sides his worry was that the Bill could result in a border “by accident”.

3/ He told the presentation: “The best response I got on the matter was from Simon Coveney when I met with him in Dublin.

4/ “I said to him..., look, Simon, my fear is this: there’s a no deal Brexit. The IMB kicks in, the Brits don’t want to put up a border on the island, because they know what that means, the Irish don’t want to put up a border across the island because they know what that means.

5/ “The Europeans come in and say, well, if you’re not going to control the flow of goods from outside of the [European] Union [to] inside the Union, from Belfast to Dublin, for the sake of this discussion, we’re going to force you to ring the whole island of Ireland
POLITICS
Tony Connelly
Tony Connelly
@tconnellyRTE
NEW: Michel Barnier has told EU member states there has been some movement on the level playing field, and on dispute resolution, but that fisheries talks remain "very difficult" @rtenews understands. Sources say this could go through this week and beyond...

2/ Acc to one senior source, Barnier said there was acceptance that the EU could take retaliatory measures against the UK if it diverged from EU standards but that it would not be "autonomous", in other words, before taking action there wd need to be some dialogue with the UK

3/ "It's the operationalisation of that principle that is now under discussion," acc to source. The EU see this is progress as for a long time the UK refused to accept that if they diverged the EU had a right to do something, says the source

4/ "That principle has now been accepted, but how it is implemented is the nub of the dicussion."

5/ From the EU perspective the concern is the UK might change its rules to make it more competitive, says the source. "Barnier seemed positive that the principle of couter-measures had been agreed."
EU & UK
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Tony Connelly
Tony Connelly
@tconnellyRTE
The DUP's Ian Paisley MP tells the NI Affaris Committee that the NI Protocol shd be "removed" and that Article 16 of the Protocol should be invoked. Describes it as an "unmitigated disaster... Those who advocated for the Protocol have some responsibility for that.

"The protocol is now an impediment to trade. We told you so."

Article 16 of the NI Protocol: "If the application of this Protocol leads to serious economic, societal or environmental difficulties that are liable to persist, or to diversion of trade, the EU or the UK may unilaterally take appropriate safeguard measures.

"Such safeguard measures shall be restricted with regard to their scope and duration to what is strictly necessary in order to remedy the situation. Priority shall be given to such measures as will least disturb the
functioning of this Protocol."

Mr Paisley then berates @Freight_NI for not demanding that Article 16 be invoked. Mr Leheny asks him what the alternative is. Mr Paisley says removing the Protocol is the alternative.
GOVERNMENT
Tony Connelly
Tony Connelly
@tconnellyRTE
BREAKING: The EU’s chief negotiator has told MEPs that negotiations on a post-Brexit deal could continue until Wednesday but no further.

2/ According to sources present, Michel Barnier also warned the UK that a deal would not be approved by member states if it pressed ahead with passing the Internal Market and the Finance Bills into law.

3/ He told the European Parliament’s Brexit coordination committee this morning that US President Elect Joe Biden was also “sensitive” to any impact of UK law on the Good Friday Agreement.

4/ Mr Barnier told MEPs the talks were in the “endgame” and that there would have to be a decision on whether or not there was to be an agreement by Thursday.

5/ He said if there was no deal then the European Commission would be ready “to react immediately” with contingency plans, according to sources present.
BREXIT
Tony Connelly
Tony Connelly
@tconnellyRTE
Irish foreign min Simon Coveney says he is "more optimistic" about progress in the EU UK Joint Committee over implementing the Northern Ireland Protocol.

2/ Last night @rtenews reported that if a free trade deal were to be concluded, a sequence would be put in place at the end of which the UK would drop the clauses in the Internal Market Bill which breach the Protocol.

3/ This morning, the EU’s representative on the Joint Committee, which implements the Protocol, said he would be meeting his counterpart Michael Gove in Brussels today.


4/ Mr Coveney said: “There is more cause to be optimistic and positive in the context of the Joint Committee and its work in terms of implementing the Withdrawal Agreement and the Protocol on Ireland and Northern Ireland.

5/ “Maros Sefcovic and Michael Gove have made really practical progress on many of the outstanding issues that were not resolved up until a few weeks ago.
POLITICS

More from Trading

Aaron D.
Aaron D.
@MrBrownEyes2020
So what will be the aftermath of this GME event?

These are simply my guesses, I don't actually know.

Wallstreet will likely push for licenses being necessary to trade, or put more limits on how many trades you can make, or some other way to screw the average person trading. 1/

FYI, you can only make 4 trades in a day, but if you have more than $25,000 in your account you can make as many as you want.

The system is rigged against the poor, and weighted heavily in favour of the rich. 2/

Will the government shut down the market?

It's possible, but I doubt it.
It would open up new precedents and the optics would be terrible- i.e. shutting down the market because greedy hedgefunds fucked up, and normal people are taking them to the cleaners. 3/

If the government gives in to Wallstreet, they lose all credibility, because this story is basically David vs Goliath, where the Reddit guys are the good guys, and the hedgefunds are the bad guys.

4/

Likely they will implement similar rules to Europe, that stops naked short selling.

Anything more than that, I'm not sure.
I think the media will push the threat of the government shutting down trading, in order to scare people into selling, to give short sellers a way out. 5/
TRADING
Trader knight
Trader knight
@Traderknight007
A thread on Trend-lines


// What are trend-lines?

Trend-lines are support and resistance lines which are formed by connecting Important swing points.

The beauty of using them is that We can use them when stock is not Respecting the Horizontal S&R zones, they can indicate us when the trend may change.

// Things To consider while Making trendlines?

• A trendline formed by using 3 Major-Swing points is a potential trendline, But we will also use 2 points to form a trendline, will discuss how, as you read further.

• Trendline can be formed by two ways-

1. Wicks-

In this method we only connect the wicks to make a trendline, this is a precise way of making a trendline.


// Why only connect the wicks?

There are two type of levels - Precise and Less precise (Which we call zones).

So what we are doing is by only connecting the wicks we are making a precise level where we can take trades, either Mean reversion or Breakout trades.

Examples-
TRADING
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Robot James
Robot James
@therobotjames
In my 20 years of trading I have noticed this cycle play out again and again with traders that "make it":

1. Overconfidently reach for returns
2. Get humbled by the market
3. Simplify + concentrate on clear, high probability edges.

1/n

Nearly everyone starts with a lack of respect for how hard it is to consistently make money trading.

That leads them to pass over high-probability sources of returns in favor of more marginal ideas.

Or they overcomplicate the trading of a good edge.

2/n

Here's an example...

It is 2015. You look at a simple strategy.

You hold an equal dollar exposure to:
- Cap Weighted US Stocks (VTI)
- 20+ Yr US Treasury Bonds (TLT)
- Gold (GLD)

And rebalance each month.

(I've extended back a bit with mutual fund prices.)

3/n


It made money consistently with a few blips.

You'd have 4x your money from 1997 to 2015.

It makes sense. It's harnessing two big sources of risk premia (equity + duration).

It diversifies across 3 macro assets that tend to outperform in different econ environments

4/n

But, naturally, you turn your mind to how you could do better...

And here is where it gets dangerous!

There are good ways to try to "do better", and there are bad ways to try to "do better".

5/n
TRADING
Trader knight
Trader knight
@Traderknight007
Life is a continuous journey of going through peaks and troughs of Happiness and struggle.

We can only see the Happy part of other lives, but ignore what they might have gone through to achieve that.


But let me tell you, even if someone is at ease right now, doesn't mean that he will continue to be at ease for their whole life.

The struggle will come again and we will have to go through it ,whatever we do, whoever we are , we have to cross that river of pain.

Even,In trading there are times when nothing works out, you go through long time and money draw-downs.

Even if you think you are a master, you have to go through it.

If you are struggling right now, don't lose hope as the tables will turn.

But remember to work as hard as you can and do as much good work as you can in your ease or Joyful time of life, because the tables will turn again.

Thank you for reading.

Trader knight.
TRADING
Nikita Poojary
Nikita Poojary
@niki_poojary
Thread: Free Options Trading Course for Beginners with small capital.

Reference: Option trading marathon series, part 1 from Mr. Subasish Pani ft. @PushkarRThakur

Collaborated with @AdityaTodmal

1/ Trading journey of Mr. Pani

• He has an experience of 7 years.

• He has made a profit of Rs. 20 cr. over these years with a capital of Rs. 2 cr.

• However, it's not easy to make such profits.

• More difficult, is to retain those profits and build more on it.

2/ How he ventured to options selling

• He started with futures and option buying however after a certain point when his capital grew, he faced scalability issues and hence he resorted to options selling.

3/ Investing becomes imp once the capital grows:

• Since his trading profits have grown well, he has started investing (investing is always for LT).

• For folks who dnt have much info regarding investing can simply buy Nifty 50 stocks & keep rebalancing as Nifty 50 does.

4/ Covered calls strategy for the portfolio:

• Pledge the portfolio and receive margin ~80% which he would then use to sell OTM CEs of the stocks which are in his portfolio.

• This helps in generating fixed income from the portfolio.
TRADING

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1. I was walking in the woods yesterday and I had an epiphany. It wasn’t one I wanted to have. I was thinking about today’s class, where we are reading Kimmerer’s ‘Gathering Moss’. I’ve taught Braiding Sweetgrass in multiple classes every year since 2016. It’s eminently teachable

2. Both books are beautifully written. Students uniformly enjoy them as assigned reading. They do a great job communicating to non-Indigenous folks the contours of basic Indigenous relationships to more-than-human beings. They’re wildly popular with white readers.

3. I’ve found Braiding Sweetgrass to be a great entry point for non-Indigenous folks to Indigenous scholarship. But this is where yesterday’s epiphany comes in. Neither Braiding Sweetgrass or Gathering Moss tends to the deep deep lineages of Indigenous scholarship in Canada or US

4. As the popularity of ‘Braiding Sweetgrass’ has soared, I’ve seen more and more white folks wax on about ‘braiding knowledge’. But they often don’t know any of the lineages of these concepts beyond what is presented in this one book. They confidently run with this.

5. Kimmerer does a commendable job of weaving in her own experiences, her family stories+nods to some very important knowledge keepers who deserve to be celebrated for their work. But Braiding Sweetgrass does not tend to the citational politics Sara Ahmed & others teach us about
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Steve
Steve
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Ivor Cummins has been wrong (or lying) almost entirely throughout this pandemic and got paid handsomly for it.

He has been wrong (or lying) so often that it will be nearly impossible for me to track every grift, lie, deceit, manipulation he has pulled. I will use...


... other sources who have been trying to shine on light on this grifter (as I have tried to do, time and again:


Example #1: "Still not seeing Sweden signal versus Denmark really"... There it was (Images attached).
19 to 80 is an over 300% difference.

Tweet: https://t.co/36FnYnsRT9


Example #2 - "Yes, I'm comparing the Noridcs / No, you cannot compare the Nordics."

I wonder why...

Tweets: https://t.co/XLfoX4rpck / https://t.co/vjE1ctLU5x


Example #3 - "I'm only looking at what makes the data fit in my favour" a.k.a moving the goalposts.

Tweets: https://t.co/vcDpTu3qyj / https://t.co/CA3N6hC2Lq
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Laurie Voss
Laurie Voss
@seldo
The 2018 State of JavaScript survey is out. They got 20,000 responses and have some delicious, delicious data. I'mma thread in some highlights:

First up: JavaScript flavors. There's TypeScript at 47% adoption, a tad higher than npm's own survey results (which said 46%). npm's survey is coming up again soon and will ask about TypeScript in a lot more detail.


I really, *really* like SoJ's "would not use again" question, which lets people who've abandoned a tech self-identify. This is noticeable in the graph above with Flow users -- 41% of people who've used Flow say they wouldn't use it again.

Now JavaScript frameworks. It's been a full year since npm's survey, so these numbers differ from ours in the directions I expected:
React 65% (vs. 60%)
Vue 29% (vs. 24%)
Ember 5% (vs 4%, I was expecting a bigger rise)

But there's a shocker in here: Angular.


npm's survey had Angular at 40% last year and SoJ has it at either:
- 58% (if you include those who don't want to use it again)
- 24% (if you count only those who like it)
Since npm's question didn't ask if they intend to *continue* using it I think that might explain this.
TECH
Steve
Steve
@braidedmanga
Ivor Cummins has been wrong (or lying) almost entirely throughout this pandemic and got paid handsomly for it.

He has been wrong (or lying) so often that it will be nearly impossible for me to track every grift, lie, deceit, manipulation he has pulled. I will use...


... other sources who have been trying to shine on light on this grifter (as I have tried to do, time and again:


Example #1: "Still not seeing Sweden signal versus Denmark really"... There it was (Images attached).
19 to 80 is an over 300% difference.

Tweet: https://t.co/36FnYnsRT9


Example #2 - "Yes, I'm comparing the Noridcs / No, you cannot compare the Nordics."

I wonder why...

Tweets: https://t.co/XLfoX4rpck / https://t.co/vjE1ctLU5x


Example #3 - "I'm only looking at what makes the data fit in my favour" a.k.a moving the goalposts.

Tweets: https://t.co/vcDpTu3qyj / https://t.co/CA3N6hC2Lq
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Anshul Pandey
@Anshulspiritual
IMPORTANCE, ADVANTAGES AND CHARACTERISTICS OF BHAGWAT PURAN

It was Ved Vyas who edited the eighteen thousand shlokas of Bhagwat. This book destroys all your sins. It has twelve parts which are like kalpvraksh.

In the first skandh, the importance of Vedvyas


and characters of Pandavas are described by the dialogues between Suutji and Shaunakji. Then there is the story of Parikshit.
Next there is a Brahm Narad dialogue describing the avtaar of Bhagwan. Then the characteristics of Puraan are mentioned.

It also discusses the evolution of universe.( https://t.co/2aK1AZSC79 )

Next is the portrayal of Vidur and his dialogue with Maitreyji. Then there is a mention of Creation of universe by Brahma and the preachings of Sankhya by Kapil Muni.


In the next section we find the portrayal of Sati, Dhruv, Pruthu, and the story of ancient King, Bahirshi.
In the next section we find the character of King Priyavrat and his sons, different types of loks in this universe, and description of Narak. ( https://t.co/gmDTkLktKS )


In the sixth part we find the portrayal of Ajaamil ( https://t.co/LdVSSNspa2 ), Daksh and the birth of Marudgans( https://t.co/tecNidVckj )

In the seventh section we find the story of Prahlad and the description of Varnashram dharma. This section is based on karma vaasna.
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