Brexit negotiators turn up heat with 48 hours until UK deadline, but prospects for EU deal look grim says French minister
The UK and European Union are locked in talks over a deal on their future relationship with each daring the other to blink just two days before Boris Johnson’s deadline for abandoning the negotiations expires.Neither side believes the other has offered enough for talks to reach a conclusion, with the ...
Bloomberg / South China Morning Post | Tue, 13 Oct 2020 20:47:29
Budget 2021: €5.5bn set aside due to Covid-19 and Brexit uncertainty
Varadkar insists contingency funds needed as 'we don't know what's going to happen'
Irish Times | Tue, 13 Oct 2020 20:28:36
Charles Michel invites leaders to EU summit of gloom
European Council will discuss Brexit, climate change, coronavirus, and tensions with Turkey and Russia.
David M. Herszenhorn / Politico | Tue, 13 Oct 2020 20:01:47
FXB: Brexit Once Again Weighs On Global Outlook
Seeking Alpha | Tue, 13 Oct 2020 19:01:54
EU slams Britain for trying to divide 27 in Brexit talks
Top German minister warns end of transition period will be 'more painful' for UK than EU.
David M. Herszenhorn / Politico | Tue, 13 Oct 2020 18:31:19
UK's Johnson, EU's Von der Leyen to discuss Brexit on Wednesday
Times of India | Tue, 13 Oct 2020 17:01:57
Business rejects UK minister's claim it has 'head in sand' over Brexit
Lord Agnew comments anger groups that have been seeking clarity on border process for months
FT | Tue, 13 Oct 2020 16:43:16
Ireland prepares for the twin threats of Brexit and coronavirus with a mega-budget
The Irish government has presented a budget that it calls the "largest in the history of the state" as it faces down the twin threats of coronavirus and Brexit.
CNBC | Tue, 13 Oct 2020 15:55:48
A Looming Disaster: Brexit Threatens to Become the Messiest of Messy Divorces
Britain will be leaving the EU common market at the end of the year and there are still important issues to be hammered out. Both sides could be facing a disaster in the form of huge traffic jams, job losses and rising prices.
Spiegel | Tue, 13 Oct 2020 15:50:00
UK PM To Talk To EU Chief As Brexit Talks Run Out Of Time
Britain's Prime Minister Boris Johnson will talk to EU chief Ursula von der Leyen on Wednesday, as both sides blame each other for blocking progress in post-Brexit trade talks ahead of a key EU summit. The pair's call comes on the eve of Johnson's self-imposed deadline for signs of a ...
IBTimes | Tue, 13 Oct 2020 15:46:02
Largest Irish budget in history assumes no Brexit deal and no COVID vaccine
Ireland's new coalition government unveiled its first Budget in Dublin today, spending heavily with borrowed money to combat the pandemic's economic damage, and the threat of a no-deal Brexit.
Sky | Tue, 13 Oct 2020 13:12:00
EU Foresees 'Weeks' Of Talks Despite UK Brexit Deadline
Brussels said Tuesday that negotiations for a post-Brexit trade deal could yet take weeks, as British Prime Minister Boris Johnson's self-declared deadline was about to expire. Johnson has warned that if the talks have not made enough progress by Thursday, the first day of an EU leaders summit, then he ...
IBTimes | Tue, 13 Oct 2020 12:30:37
Firms have 'head in sand' over post-Brexit trade, says minister
Treasury minister Lord Agnew says businesses "must engage in a more energetic way" to prepare.
BBC | Tue, 13 Oct 2020 12:28:28
Scotland needs a plan for a new currency if it wants independence | Barry Eichengreen
There must be a blueprint for what follows sterling and a transition to the euro The odds of Scotland becoming independent are rising by the day. In Scotland's 2014 referendum, about 45% of voters favoured independence. Brexit, which about 60% of Scotland's voters opposed, is now forcing the Scottish electorate ...
Barry Eichengreen / Guardian | Tue, 13 Oct 2020 12:02:32
UK Threatens To "Walk Away" From Brexit Talks If No Deal By End Of Next Week
UK Threatens To "Walk Away" From Brexit Talks If No Deal By End Of Next Week Tyler Durden Wed, 10/07/2020 - 11:07 Prime Minister Boris Johnson has pressed ahead with his Intermarket Bill, calling Brussels' bluff about its threats to sue London over what many have described as a unilateral ...
Tyler Durden / Zero Hedge | Wed, 7 Oct 2020 15:07:03
Why fisheries are such a difficult part of Brexit
"I'm sure it must be (published somewhere) but I don't know where," was the answer I got from an insider in one of the UK fisheries organisations in response to an email, asking where the "relative stability keys" could be found. European Union regulation is normally published but the 1983 ...
Sigrún Davídsdóttir / Icelog | Wed, 7 Oct 2020 13:53:10
The old saga of "relative stability" and why fisheries are such a Brexit obstacle
Principle of "relative stability" may sound like a concept from international geopolitics but as those, who follow European fisheries, know it is the principle by which the EU allocates fish catches to member states. Based on this principle, the "relative stability key" is the percentage each member state, i.e. those ...
Sigrún Davídsdóttir / Icelog | Wed, 7 Oct 2020 13:50:20
Welsh Government Demands "Urgent Meeting" Over Guido's Brexit Leak
The Labour-run Welsh Government have called for an "urgent meeting" following Guido's scoop yesterday revealing the UK Government withheld parts of Brexit planning from devolved administrations. The Welsh are obsessed with leaks... Responding to the news, a Welsh Government spokesman has said: "This further corrodes trust in the UK government ...
Tom Harwood / Guido Fawkes' blog | Wed, 7 Oct 2020 13:32:53
GBP/USD under pressure over Brexit jitters
GBP/USD has started the Wednesday session quietly. In the North European session, the pair is trading at 1.2858, down 0.08% on the day. The pair fell by 0.8% on Tuesday, as the US dollar enjoyed broad gains against most of the major currencies. This marked the pound's worst one-day performance ...
Kenny Fisher / OANDA | Wed, 7 Oct 2020 11:39:57
Brexit: Running the Clock Down
Why Brexit motion should not be confused with progress.
Yves Smith / Naked Capitalism | Wed, 7 Oct 2020 10:09:05