Back

EU warning PM Johnson has less than two weeks to save post-Brexit trade talks – The Times

The UK Times has reported that Boris Johnson, the UK's PM, has been warned he has less than two weeks to save post-Brexit trade and security talks.

Key points

  • Michel Barnier and David Frost, the UK's chief negotiator, will hold emergency talks next week in an effort to save the negotiations, The Times understands.
  • Mr Barnier, the EU's chief negotiator, told the government last week that negotiations will not move forward until Mr Frost explains what Britain's future policy will be on industrial subsidies.
  • In an angry response, the prime minister's negotiator hit back, telling the French former European commissioner that Britain would not draw up such a key economic policy on a "timetable dictated to" by the EU.

More to come...

PBOC sets yuan reference rate at 6.8891

The People's Bank of China has announced the daily yuan fix at 6.8891 versus Thursday's fix at 6.8903. The USD/CNY pair closed at 6.8946 on Thursday.
อ่านเพิ่มเติม Previous

US long-term inflation expectations hit 7-month high

The US long-term inflation expectations, as represented by the 10-year breakeven rate, rose to 1.73% on Thursday. That’s the highest level since Jan.
อ่านเพิ่มเติม Next