Brexit part I has been agreed-ish. PM Theresa May was dragged from her bed at some ungodly hour this morning just so she could be in Brussels on TV at 7am looking pally with the EU negotiator Michel Barnier when Brexit part one was presented to the press. It's not formally agreed yet though - the EU27 governments will approve it next week.
You can read it here if you really want.
But to save you the bother, I'll tell you it's not such a good deal.
Or to put it another way, it's plenty good for the EU and not so good for the UK. You can tell this by the fact that the EU has not trimmed its budget by a single canapé, despite one of its biggest net contributors leaving. They are expecting us to carry on paying for years to come. The deal document doesn't give an amount, just a formula for working it out, but it seems £50bn is expected from the UK taxpayer.
The other two issues taxing the EU are: the rights of EU citizens living in the UK, and the border between Northern Ireland and the Republic.
The Brexit deal says all the foreign citizens on both sides may stay where they are. This may sound all fine and dandy, but there are one million UK citizens resident in the EU27 and three million EU citizens in the UK. There is a major imbalance here which has not been addressed. If citizens are going to stay put then okay, but UK citizens should be allowed to move to the EU until that two million surplus is used up (which admittedly would probably be never.)
As far as the NI border goes - how do you leave the customs union and the trade area and still keep an open border? Likely, you cannot. The agreement says we will keep the border open though. The solution is going to have to be a fudge of some sort; maybe cars will pass without inspection but trucks must pull over. There is no good answer to this question.
However, the deal so far has two silver linings. First the "nothing is agreed until everything is agreed" is written into it, so everything can be changed. And second, parliament gets a vote on the final deal, and as things are looking there is a good chance they will just strike the whole thing down and we will end up with no deal, which would be better than this deal, not least because it would force the EU to negotiate seriously. Two million surplus citizens and a massive trade imbalance will concentrate their minds.