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I wonder if UK can use the fact that most US - EU links go through UK as a leverage. EDIT: answer is yes: "LONDON (Reuters) - High-speed sub-Atlantic cables ma
by antattack 5y ago
I wonder if UK can use the fact that most US - EU links go through UK as a leverage.
EDIT: answer is yes:
"LONDON (Reuters) - High-speed sub-Atlantic cables may force banks to keep their armoury of currency trading hardware in London for some time, even if the dealers themselves go elsewhere when Britain leaves the European Union." [1]
[1]https://www.reuters.com/article/uk-global-forex-cables/transatlantic-cables-may-keep-fx-routed-through-london-post-brexit-idUSKBN13P1JA https://www.reuters.com/article/uk-global-forex-cables/trans...
- tailspin2019 5y agoA good idea in theory, but I believe phase 2 of our flawless and perfectly thought out Brexit execution plan is to sever all of those cables to prevent unwanted "foreign" bits from coming in and taking up British bandwidth. We're then going to individually renegotiate brand new communication transport/protocols with each foreign nation separately. On far better terms, over the next 20-25 years. I think the current plan is to use a different breed of carrier pigeon for each country so that we can tell where the data is coming from and where to send our responses back to.
- not2b 5y agoThat article is 5 years old, it would be interesting to see an updated view on this.
- zokier 5y agoActually bit weird how there is not a single cable going from Ireland to France (or elsewhere in the continent). I guess going through UK works, but there are so many cables all around the place that you'd think one of them would cross that gap.