Nov 28, 2017 - World

U.K. agrees to pay up to €55 billion to exit E.U.

Photo: Matt Dunham, Pool / AP

The United Kingdom has agreed to pay the European Union somewhere between €45 billion and €55 billion as a part of its Brexit "divorce bill," according to The Telegraph's Peter Foster. The exact amount will be "left open to interpretation" in order to allow Theresa May's government political cover when presenting the final plan to the British public.

Why it matters: May will risk backlash from hardline Brexit supporters in her Conservative Party by agreeing to such a massive bill for Brexit. But the agreement will allow the U.K. and the E.U. to focus on the two huge issues still hanging over Brexit — the sovereignty of the European Court of Justice for E.U. citizens remaining in the U.K., and the border between Northern Ireland and Ireland.

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Axios
1 hour ago - Politics & Policy

Louisville officer: "Breonna Taylor would be alive" if we had served no-knock warrant

Breonna Taylor memorial in Louisville. Photo: Brandon Bell/Getty Images

Sgt. Jonathan Mattingly, the Louisville officer who led the botched police raid that caused the death of Breonna Taylor, said the No. 1 thing he wishes he had done differently is either served a "no-knock" warrant or given five to 10 seconds before entering the apartment: "Breonna Taylor would be alive, 100 percent."

Driving the news: Mattingly, who spoke to ABC News and Louisville's Courier Journal for his public interview, was shot in the leg in the initial moments of the March 13 raid. Mattingly did not face any charges after Kentucky Attorney General Daniel Cameron said he and another officer were "justified" in returning fire to protect themselves against Taylor's boyfriend.

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Scott Rosenberg, Ashley Gold, Kyle Daly
2 hours ago - Technology

U.S. vs. Google — the siege begins

Illustration: Sarah Grillo/Axios

The Justice Department fired the starter pistol on what's likely to be a years-long legal siege of Big Tech by the U.S. government when it filed a major antitrust suit Tuesday against Google.

The big picture: Once a generation, it seems, federal regulators decide to take on a dominant tech company. Two decades ago, Microsoft was the target; two decades before that, IBM.

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Dion Rabouin, author of Markets
2 hours ago - Economy & Business

Why the stimulus delay isn't a crisis (yet)

Illustration: Aïda Amer/Axios

If the impasse between House Speaker Nancy Pelosi and the White House on a new stimulus deal is supposed to be a crisis, you wouldn't know it from the stock market, where prices continue to rise.

  • That's been in no small part because U.S. economic data has held up remarkably well in recent months thanks to the $2 trillion CARES Act and Americans' unusual ability to save during the crisis.
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