Vimhawk The EU wanted to place anti-dumping tariffs of 60% on Chinese steel imports but it was vetoed by the Tory government. The EU can't be blamed for this fiasco. I can't imagine the Tories objecting to it if financial services were involved.
Sadly, this appears to be a numbers game, not about market practice. Someone has probably calculated that even deducting the costs to UK plc of dealing with a destroyed steel industry, the money coming from all other trade deals with China is well in the black. I wonder as a percentage of business, how much the EU as a whole and per nation would lose by angering China, when compared to the UK.
Paul I completely agree that if financial jobs were threatened the Government might be "more interested". RDBD I'd be surprised if we would lose out by angering China, we must have a massive trade deficit with them. Perhaps they wouldn't then participate in the ludicrously subsidised Hinkley Point nuclear power station (oh hang on, I though the power industries were private?)
http://webarchive.nationalarchives....nt-is-china-to-the-uk-economy-/sty-china.html So it would depend on what % of China GDP is in exports to the UK. Given how cash-rich they are, and seeing how they are propping up their steel industry, no doubt they would do similar for any big industry sectors that got hit by a UK trade war.
I'd love to see a breakdown of the potential benefits we would've seen over the last 20 years if we'd nationalised the steel industry and made sure every government project used Biritish steel rather than foreign. It might cost more on paper but I'd expect there are very real benefits to the economy by keeping that money in the UK rather than sending it abroad and letting our industry die off. There's been a lot of big infastructure projects over the last few years so it'd be great to see how it all weighs up.
What are the USA doing on this ?? A nationally sourced steel policy for state works ?? Produce enough steel domestic at good rates to not need to import ?? Govt intervention like China has, to ride thru the current storm ??
Glad to see the Windies beat India. They have some great power hitters besides Gayle. A slightly easier prospect for England in the final. Kolkata suits bowlers who take pace off the ball. Whilst the Windiest have a better bowling attack for these conditions, their batters won't enjoy it. It would have been very tricky playing India in their own backyard in conditions which suited them perfectly.
I thought about applying as the money looked good http://www.fish4.co.uk/job/4902039/pigeon-botherer/
We did jack ****. We sat back and watched while all the steel jobs disappeared, and Pittsburgh, the steel town, went from 900,000 to 250,000 people.
I agree. Especially with so many runs needed. Pace off the ball would have made it harder for Brathwaite to clear the ropes. Badree and Rashid had been hard to hit - and Root had already bowled that fantastic over
If Root had bowled it we'd all have been saying Stokes should have had it. The West Indies are powerful enough that they can clear anything into the stands. The only way to beat the Windies in this tournament is to keep the pressure on them. There's a tipping point at the death though, where the opposition simply have nothing to lose and that was what hurt us. Fair play, if you're going to lose, that's the best way to lose, outstanding stuff from Braithwaite. Stokes will be back but I'm not sure about Morgan. Root is the natural captain out there and it's not easy to justify another captain when they're batting so poorly. Hopefully we'll rotate more and get a core of 15/16 used to international T20s. Then Morgan can play when he's suited to the job, not just as default.
Mike Dean might well be very pleased, but I am most certainly not looking forward to seeing that berk at the Lane on Sunday.
