• Trump tells May to abandon 'unjustified' food standards for Brexit trade deal

    30 days ago - By Business Insider

    Donald Trump announces his plan to negotiate a free trade deal with the UK after Brexit.
    Talks can begin in 2021, once the Brexit transition period is over, a letter to US Congress states.
    However, Trump's administration says the UK must abandon "unjustified" food standards before a wide-ranging deal between the two economies can be agreed.
    MPs, charities and health campaigners are worried that the US will demand UK market access for food products of a lower standard than what the UK currently accepts.
    Chlorine-washed chicken, hormone-injected beef and food containing maggots, rat-hair and...
    Read more ...

     

  • It's a 'trap door': Two EU negotiators dropped clues that Britain is heading into a 'no-deal' Brexit

    It's a 'trap door': Two EU negotiators dropped clues that Britain is heading into a 'no-deal' Brexit

    30 days ago - By Chron

    Photo by Christopher Furlong/Getty Images
    Two on-the-record quotes from Brexit negotiators indicate that May has misjudged her adversaries in Brussels, who want to deliver an exit from Europe with no agreement, the worst possible scenario for Britain.
    Sabine Weyand, deputy to EU negotiator Michel Barnier, said "Hello?! Who are they kidding?" when it was put to her that a post-Brexit agreement might be a "win-win negotiation." She also thinks Britain's position is "bollocks, according to the Financial Times.
    Theresa May's former deputy EU negotiator Ivan Rogers said Article 50 was a trap...
    Read more ...

     

  • World shares mostly higher before EU meets to discuss Brexit

    30 days ago - By Chron

    SINGAPORE - Share prices in Europe and Asia were mostly higher on Wednesday before a European Union meeting seeking to resolve an impasse over an exit deal for Britain's departure from the bloc.
    KEEPING SCORE: France's CAC 40 added 0.2 percent to 5,183.04 and Britain's FTSE 100 rose 0.3 percent to 7,078.53. Germany's DAX shed 0.3 percent to 11,744.76. U.S. shares were set to open lower as the Dow future contract dropped 0.2 percent to 25,744.00. The broader S&P 500 futures lost 0.1 percent to 2,813.80.
    ASIA'S DAY: Japan's benchmark Nikkei 225 jumped 1.3 percent to 22,841.12. The Kospi in...
    Read more ...

     

  • Theresa May heads to Brussels with a no-deal Brexit looking more likely than ever before

    Theresa May heads to Brussels with a no-deal Brexit looking more likely than ever before

    30 days ago - By Business Insider

    Theresa May will address EU leaders at a special summit in Brussels on Wednesday evening.
    The summit was originally scheduled to sign off a Brexit divorce deal with the UK.
    However, prospects of a deal now look more distant than ever before with the EU increasingly pessimistic that an agreement can be reached.
    The impasse has put Theresa May's future at risk with a no-deal Brexit threatening chaos for the UK economy.
    LONDON - Theresa May's Brexit deal was left hanging by a thread this week after the UK government dashed hopes that an agreement would be struck at the EU Council summit on...
    Read more ...