Brexit no deal eu citizens

A counting machine tallies British pound notes at a currency exchange. (MOHD RASFAN/AFP) Merkel told British Prime Minister Boris Johnson that a deal was doomed to fail unless London agreed to keep British-run Northern Ireland that borders EU-member Ireland in the bloc's customs union, a Downing Street source said. The host of next week's European summit, EU Council president Donald Tusk, in turn accused British Prime Minister Boris Johnson of trying to shift blame for the failure of the Brexit talks. "Markets are having to focus on the various potential outcomes which are now imminent," Interactive Investor analyst Rebecca O'Keeffe told AFP. "A deal looks very unlikely unless the EU blinks first." 'GREATER CHANCE OF NO-DEAL' She added: "For many, the word of the PM is government policy, hence the global market is moving towards pricing in an ever greater chance of a no-deal." Losses were exacerbated by official data showing that British productivity tumbled at its fastest rate in … [Read more...] about Sterling tumbles as Merkel downbeat on Brexit deal outlook

A video grab from footage broadcast by the UK Parliament's Parliamentary Recording Unit (PRU) shows Britain's Prime Minister Boris Johnson making a statement in the House of Commons in London on Oct 19, 2019. (Photo: AFP / PRU) The House of Commons is holding its first Saturday sitting since the 1982 Falklands War to debate the terms of a divorce agreement Johnson struck with European Union leaders Thursday. Opposition parties and Johnson's own Northern Irish allies have rejected the text but the prime minister and his team have spent the past 48 hours frantically trying to win the support of wavering MPs. The vote is widely seen as too close to call but Johnson warned his deal was still the best way out of the tortuous Brexit process that has left Britain in political turmoil since 2016. Addressing the House, Johnson appealed to lawmakers to back his last-minute Brexit deal. "If there is one feeling that unites the British public with a growing number of officials in the EU it is a … [Read more...] about Brexit in the balance as British MPs hold knife-edge vote

LONDON -- Trade minister Liam Fox said there is a “50-50” chance that Brexit may be stopped if parliament rejects the government’s divorce deal with the European Union next month. “If we were not to vote for that, I’m not sure I would give it (Brexit) much more than 50-50,” Fox, a leading supporter of leaving the EU, told the Sunday Times newspaper. With three months left until the United Kingdom is due to leave the EU on March 29, May’s Brexit deal is floundering, opening up a range of possibilities from a Brexit without a trade deal to calling Brexit off. Earlier this month, May pulled a planned vote on her deal after admitting parliament would reject it. Lawmakers are set to vote on the deal in the week starting Jan. 14. … [Read more...] about Liam Fox says ’50-50′ chance Brexit may be stopped: paper

LONDON -- British Prime Minister Boris Johnson likened himself to the unruly comic book character The Incredible Hulk late on Saturday in a newspaper interview where he stressed his determination to take Britain out of the European Union on Oct. 31. The Mail on Sunday newspaper reported that Johnson said he would find a way to circumvent a recent parliament vote ordering him to delay Brexit rather than take Britain out of the EU without a transition deal to ease the economic shock. “The madder Hulk gets, the stronger Hulk gets,” Johnson was quoted as saying. “Hulk always escaped, no matter how tightly bound in he seemed to be - and that is the case for this country. We will come out on October 31.” Britain’s parliament has repeatedly rejected the exit deal Johnson’s predecessor Theresa May negotiated with the EU, and this month rejected leaving without a deal - angering many Britons who voted to leave the bloc more than three years ago. Johnson has … [Read more...] about Johnson, likening himself to Incredible Hulk, vows Oct. 31 Brexit

Vietnam and the European Union (EU) are likely to sign the EU-Vietnam Free Trade Agreement (EVFTA) soon, Daniel Muller, ASEAN Regional Manager for the German Asia-Pacific Business Association, said in an interview granted to Vietnam News Agency (VNA) reporters in Germany. The EVFTA is the bloc’s first comprehensive free trade deal with a developing country in Asia. Negotiations began in June 2012 and were completed in December 2015 with contents similar to those with Japan, Indonesia and Singapore. The deal needs approval from the European Council, the European Parliament and all EU member countries. Muller said the EU and Japan, Singapore and Vietnam share interests in free trade agreements, especially at a time when the US is carrying out its trade protectionism policy, withdrew from the Trans-Pacific Partnership and denied to deal with common crises in multilateral free trade. According to him, Vietnam and the EU reached basic consensus on the deal in 2015, and Vietnam … [Read more...] about Vietnam, EU likely to sign FTA soon