Bloomberg

Brexit’s Cliff Edge Is Like ‘No Deal’ All Over Again

The risk of an acrimonious rupture between the U.K. and Europe is back. While Britain agreed on an orderly departure from the European Union on Jan. 31, averting the prospect of a “no-deal” Brexit, the second stage of the divorce hinges on forging a wider agreement encompassing trade, security cooperation and fisheries. If an accord isn’t reached by Dec. 31, the threat of a chaotic split remains.

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