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European Union

EU-UK trade pact still possible as departure date nears
World

EU-UK trade pact still possible as departure date nears

  • The European Union’s Brexit negotiator, Michel Barnier, said on Monday that sealing a new pact with Britain was still possible as the date for the country’s departure from the bloc edged nearer.
  • Despite missing multiple deadlines, Britain and the EU agreed on Sunday to “go the extra mile” to try to break deadlocks on access to UK fishing waters for EU trawlers and corporate fair play rules.
Published 14 Dec, 2020 03:07pm
EU rights watchdog warns of pitfalls in use of AI
World

EU rights watchdog warns of pitfalls in use of AI

  • The agency said AI rules must respect all fundamental rights, with safeguards to ensure this and include a guarantee that people can challenge decisions taken by AI and that companies need to be able to explain how their systems take AI decisions.
Published 14 Dec, 2020 10:53am
Britain's navy to protect fishing waters in case of no-deal Brexit
World

Britain's navy to protect fishing waters in case of no-deal Brexit

  • Four Royal Navy patrol ships will be ready on Jan. 1 to help protect Britain’s fishing waters in the event the Brexit transition period ends without a deal on future ties with the European Union.
  • There are concerns about possible skirmishes between British and foreign fishing vessels if no trade deal is reached.
Published 12 Dec, 2020 05:18pm
No deal on Brexit trade 'very very likely', Johnson says
World

No deal on Brexit trade 'very very likely', Johnson says

  • Britain is likely to complete its journey out of the European Union in three weeks without a trade deal.
  • Britain quit the EU in January but remains an informal member until Dec. 31 - the end of a transition period during which it has remained in the EU single market and customs union.
Published 12 Dec, 2020 02:29pm
EU Commission chief sees more chance of no Brexit trade deal
World

EU Commission chief sees more chance of no Brexit trade deal

  • Britain is more likely to leave the European Union’s orbit on Dec. 31 without a trade deal than with an agreement, an EU official quoted the head of the European Commission.
  • A no-trade deal Brexit would damage the economies of northern Europe, send shockwaves through financial markets, snarl borders and sow chaos through the delicate supply chains which stretch across Europe and beyond.
Published 11 Dec, 2020 05:30pm
UK PM Johnson warns EU over Brexit trade talks: back down or it's no-deal
World

UK PM Johnson warns EU over Brexit trade talks: back down or it's no-deal

  • British Prime Minister Boris Johnson warned the European Union on Wednesday it must scrap demands which he says are unacceptable if there is to be a Brexit trade deal.
  • With fears growing of a chaotic no-deal finale to the five-year Brexit crisis, Johnson was heading to Brussels later on Wednesday for talks with European Commission President Ursula von der Leyen.
Updated 10 Dec, 2020 01:15am