Good afternoon if youre watching from asia. Welcome to bloomberg surveillance. I am Francine Lacqua here in london. We are looking to what is to come. We do not have cash treasuries, of course in the u. K. , we call it remembrance. If you look at stocks, cyclical industries, at the expense of technology shares. Crude oil is rising, textures are under preparing, including a dutch provider. You see some of the futures edging higher along with the contracts from the s p 500. We will have tons more of course on the market. Coming up, we speak with the former u. K. Prime minister tony blair, talking about the future of the relations, the countrys asdling of the pandemic, well. Now lets get to the bloomberg first word news in london with leighann gerrans. Hi, leighann. Leighann good morning, francine. Joe biden is warning not to put peace with u. K. And northern brexit. In jeopardy with. It is the latest sign that biden will not be the unequivocal supporter of brexit that joe biden has been.
But Eurocrats argue this is a breach of the terms of the Brexit deal’s Northern Ireland Protocol to prevent a hard border.
To keep the Irish border open, Northern Ireland effectively remains part of the EU’s single market and some checks are now made on some products arriving from the rest of the UK.
Mr Sefcovic and Mr Coveney will discuss the issue with the influential group of Congress members, which played a key role in securing US support for the peace process.
Their intervention will be seen as a move to convince Washington to crack down on the UK in upcoming trade talks unless Downing Street drops its plans for Northern Ireland.
| UPDATED: 10:10, Wed, Jan 20, 2021
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The former Conservative Prime Minister penned an article criticising her successor over cutting foreign aid targets. She suggested Mr Johnson failed to honour British values by threatening to break international law in Brexit negotiations. Hailing the inauguration of US President Joe Biden, Mrs May also urged Mr Johnson to return to a foreign policy centred on a “Global Britain”.
| UPDATED: 11:26, Thu, Jan 7, 2021
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The US is the UK s largest trading partner but Boris Johnson may face six specific issues in attempting to win over the President-elect. Firstly, serving as vice president to Barack Obama, Mr Biden did not support the UK’s exit from the EU. Mr Biden claimed he’d have “preferred a different outcome” to 2016 referendum after receiving an honorary doctorate from Trinity College Dublin.