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BRUXELLES, Belgium (AFP) — The European Union will be able to punish Britain for breaking the rules of its post-Brexit transition period under plans agreed by Brussels on Tuesday, EU sources said. Under plans for the 21-month transition after Britain leaves the bloc on March 29, 2019, London must abide by all EU laws without having any decision-making power — turning the country into what critics call a “vassal state”. The latest EU draft of the transition […]
by Alice RITCHIE Agence France-Presse LONDON, United Kingdom – EU chief negotiator Michel Barnier warned Monday that Britain faced “unavoidable” trade barriers after Brexit if it also quit the bloc’s single market and customs union, urging Prime Minister Theresa May to make her choice. After talks with May and Brexit minister David Davis in London, Barnier repeated that the EU needed “clarity” on what they wanted from the future relationship. “Without customs union and outside the single market, […]
by Ben Dooley Agence France-Presse BEIJING, China (AFP) — British Prime Minister Theresa May arrived in China on Wednesday as she seeks to bolster her country’s global trade links ahead of its contentious divorce with the European Union. May began her visit in the central industrial city of Wuhan and will be in China until Friday in what the Chinese foreign ministry has touted as a “historic visit.” Later on Wednesday, May will head to […]
by Alice RITCHIE Agence France-Presse LONDON, United Kingdom (AFP) – Britain’s Brexit, finance and business ministers displayed a united front on Friday with a letter seeking to reassure eurosceptics worried over the country’s path out of the European Union. Publication of the letter late Friday followed a speech by Brexit minister David Davis, in which he admitted there were “different views” within the government over Britain’s departure from the bloc. Davis joined forces with finance minister Philip […]
by Jitendra Joshi Agence France-Presse DAVOS, Switzerland (AFP) — Britain will stand by the poverty-alleviating benefits of free trade as it charts its difficult divorce from the EU, a top minister said Tuesday despite the country’s need to cosy up to President Donald Trump’s America. In an interview with AFP at the World Economic Forum, International Trade Secretary Liam Fox said he would use the Davos meetings to press Britain’s case in talks with US and other […]
LONDON, United Kingdom (AFP) – Britain could take part in a new model of European cooperation after Brexit but is unlikely to rejoin the EU in its current form, a senior minister said Friday. Cabinet Office minister David Lidington, who chairs several Brexit ministerial committees, said the suggestion by some EU leaders that Britain might change its mind about leaving the bloc was a “red herring”. “Having taken a decision by a referendum, I don’t see that […]
STRASBOURG, France (AFP) – European Commission chief Jean-Claude Juncker said on Wednesday he would welcome any British attempt to rejoin the EU after Brexit, as Brussels jumped on speculation about a second referendum. Juncker’s comment about possible re-accession comes a day after European Council President Donald Tusk said that the bloc’s “hearts were still open” if Britain decided to change its mind about leaving the EU. Top EU officials have made a series of remarks about […]
LONDON, United States (AFP) — Brexit could cost the UK nearly 500,000 jobs in a worst-case scenario, according to a study published Thursday which was commissioned by the mayor of London. Britain could lose 482,000 jobs by 2030 if the country crashes out of the European Union, according to research by Cambridge Econometrics. A scenario in which the UK fails to agree a transition deal and future trading relationship with the bloc would also cost […]
WARSAW, Poland (AFP) — British Prime Minister Theresa May was left smirking at a press conference with her Polish counterpart on Thursday after a translator accidentally called her “Madam Brexit.” May was in Warsaw for talks with Prime Minister Mateusz Morawiecki, with the discussions inevitably turning to Britain’s 2019 departure from the European Union. Part of Morawiecki’s opening speech was translated as: “It’s very important for us that this cooperation, even though it will be […]
by Danny Kemp with James Pheby in London Agence France-Presse BRUSSELS, Belgium – The European Commission said Wednesday that it wants a post-Brexit transition period, during which Britain must continue to obey EU rules, to finish at the end of 2020. Chief EU Brexit negotiator Michel Barnier said that “all EU policies will still apply” during the transition to a new relationship between London and Brussels after Britain leaves the bloc in March 2019. British Prime Minister Theresa […]
by Alice Ritchie Agence France-Presse LONDON, United Kingdom (AFP) — British Prime Minister Theresa May on Wednesday suffered a damaging parliamentary defeat on the eve of a crucial EU summit, after her own MPs rebelled to demand parliament have the final say on a Brexit divorce deal. Eleven members of May’s Conservative party joined with opposition lawmakers to inflict the government’s first defeat over the flagship EU (Withdrawal) Bill, sparking huge cheers in the House of Commons. […]
HONG KONG, China (AFP) — Technology and energy firms were the biggest losers as Asian markets tumbled on Wednesday, extending a retreat across Europe and New York. A global equity rally has hit the buffers this week as the US probe into Russia’s alleged election meddling sows uncertainty, Britain struggles to reach a Brexit deal with the European Union and traders remain cautious about Washington’s ability to push through tax cuts. A key drag for […]
