Goldman says ‘thin’ Brexit trade deal likely but won’t rule out breakdown | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 86%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

LONDON, Oct 5 — Goldman Sachs said today that Britain and the European Union were likely to do a post-Brexit trade deal by early November though the risk of a breakdown in negotiations could not be ruled out. “Our core view remains that a “thin” zero-tariff/zero-quota trade agreement will...

Monday, 05 Oct 2020 03:08 PM MYT

Goldman Sachs said today that Britain and the European Union were likely to do a post-Brexit trade deal by early November. — Reuters pic LONDON, Oct 5 — Goldman Sachs said today that Britain and the European Union were likely to do a post-Brexit trade deal by early November though the risk of a breakdown in negotiations could not be ruled out.

“Our core view remains that a “thin” zero-tariff/zero-quota trade agreement will likely be struck by early November, and subsequently ratified by the end of December,” Goldman analysts said a note to clients. “The risk of a breakdown in negotiations cannot be ruled out,” Goldman said. “We continue to think the perceived probability of ‘no deal’ will persist beyond the next European Council meeting in mid-October.” — Reuters

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Goldman says ‘thin’ Brexit trade deal likely but won’t rule out breakdownLONDON: Goldman Sachs said on Monday that Britain and the European Union were likely to do a post-Brexit trade deal by early November though the risk ...
Source: theSundaily - 🏆 25. / 51 Read more »

UK looks to EU to break Brexit talks impasse | Malay MailBRUSSELS, Oct 3 — Britain and the European Union (EU) yesterday said post-Brexit trade talks remained deadlocked on key areas, as London urged Brussels to give ground to avoid a damaging “no-deal” at the end of the year. Both sides have pinpointed a European summit on October 15 as the latest...
Source: malaymail - 🏆 1. / 86 Read more »

Johnson says UK ‘can prosper mightily’ under no-deal Brexit | Malay MailLONDON, Oct 4 — Prime Minister Boris Johnson said today that Britain “can prosper mightily” without a post-Brexit trade deal with the European Union, the day after agreeing to extend stalled talks with Brussels. Johnson, who accepted prolonging negotiations in a video-call Saturday with EU... What an idiot.
Source: malaymail - 🏆 1. / 86 Read more »

EU, UK to step up Brexit talks to try to close ‘significant gaps’ over trade deal | Malay MailLONDON, Oct 4 — British Prime Minister Boris Johnson and the head of the EU’s executive, Ursula von der Leyen, agreed in a phone call yesterday to step up Brexit talks to close “significant gaps” barring a new trade partnership. The two sides have said this week’s round of negotiations...
Source: malaymail - 🏆 1. / 86 Read more »

Research shows Covid-19 and no-deal Brexit could cost UK US$174b a year | Malay MailLONDON, Oct 5 — The combination of Covid-19 and a failure to secure a post-Brexit trade deal with the European Union could cost the United Kingdom around £134 billion (RM720 billion) each year in lost GDP for a decade, research by law firm Baker & McKenzie showed. Prime Minister Boris...
Source: malaymail - 🏆 1. / 86 Read more »

Johnson says UK ‘can prosper mightily' under no-deal BrexitLONDON: Prime Minister Boris Johnson said today that Britain 'can prosper mightily' without a post-Brexit trade deal with the European Union, the day ...
Source: theSundaily - 🏆 25. / 51 Read more »