Post a Free Blog

Submit A Press Release

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Action
Animation
ATP Tour (ATP)
Auto Racing
Baseball
Basketball
Boxing
Breaking News
Business
Business
Business Newsletter
Call of Duty (CALLOFDUTY)
Canadian Football League (CFL)
Car
Celebrity
Champions Tour (CHAMP)
Comedy
CONCACAF
Counter Strike Global Offensive (CSGO)
Crime
Dark Comedy
Defense of the Ancients (DOTA)
Documentary and Foreign
Drama
eSports
European Tour (EPGA)
Fashion
FIFA
FIFA Women’s World Cup (WWC)
FIFA World Cup (FIFA)
Fighting
Football
Formula 1 (F1)
Fortnite
Golf
Health
Hockey
Horror
IndyCar Series (INDY)
International Friendly (FRIENDLY)
Kids & Family
League of Legends (LOL)
LPGA
Madden
Major League Baseball (MLB)
Mixed Martial Arts (MMA)
MLS
Movie and Music
Movie Trailers
Music
Mystery
NASCAR Cup Series (NAS)
National Basketball Association (NBA)
National Football League (NFL)
National Hockey League (NHL)
National Women's Soccer (NWSL)
NBA Development League (NBAGL)
NBA2K
NCAA Baseball (NCAABBL)
NCAA Basketball (NCAAB)
NCAA Football (NCAAF)
NCAA Hockey (NCAAH)
Olympic Mens (OLYHKYM)
Other
Other Sports
Overwatch
PGA
Politics
Premier League (PREM)
Romance
Sci-Fi
Science
Soccer
Sports
Sports
Technology
Tennis
Thriller
Truck Series (TRUCK)
True Crime
Ultimate Fighting Championship (UFC)
Uncategorized
US
Valorant
Western
Women’s National Basketball Association (WNBA)
Women’s NCAA Basketball (WNCAAB)
World
World Cup Qualifier (WORLDCUP)
WTA Tour (WTA)
Xfinity (XFT)
XFL
0
-- Advertisement --spot_img
HomeBusinessSterling Drops as Final Push Made by The UK & The EU...

Sterling Drops as Final Push Made by The UK & The EU For Post-Brexit Deal Inconclusive

Add to Favorite
Added to Favorite

 

 

 On Monday afternoon both the UK and the European Union are in ongoing talks at Brussels for a final push, to try and clinch a post-Brexit trade deal. However, differences remain in three key areas which are fisheries, competition rules and the governance of a potential deal between the two.

 A UK spokesperson confirmed that no compromise has been reached on these three issues and also said that time is in “very short supply” and that the UK was willing to negotiate until the last possible moment.

 On Monday morning, with no deal in sight, the Sterling or GBP fell sharply against the dollar. It traded at $1.3230 during morning deals, a fall of 1.5% for the session.

Even if they strike a last-minute deal there could be problems as the UK put forward legislation. Not yet approved, that would override parts of the Withdrawal Agreement approved in the beginning of the year.

 The European Union has said that it will not accept any new trade agreement until the UK government changes its position to fully comply with the accord that had previously been reached by the two parties in question.

 Although the UK left the EU in January, it agreed to follow trade rules till the end of the year. However, new trade agreements have dragged on and it is feared that there will not be a new deal before the transition period ends.

 Source CNBC Europe News

Wikimedia

Subscribe to get Latest News Updates

Latest News

You may like more
more

King Charles starts with a new, healthy habit, after cancer scare, outlet reports

According to reports released on his 70th birthday, King...

US Dividend ETFs Bask in Investor Attention After Jumbo Fed Rate Cut

Following a substantial interest rate cut by the Federal...