Get Breaking Alerts on Stocks Before The Mainstream Media

Stay informed of the biggest news on stocks so you can react before 90% of retail investors.
Email address
We guarantee you to keep your privacy
Connect with us
Financial Press
:-trade-talks-go-virtual-after-eu-negotiator-tests-positive-for-covid-19
:-trade-talks-go-virtual-after-eu-negotiator-tests-positive-for-covid-19

Breaking

: Trade talks go virtual after EU negotiator tests positive for COVID-19


EU chief negotiator Michel Barnier (left) said one of his team has tested positive for COVID-19.


Tolga Akmen/Agence France-Presse/Getty Images

High-level Brexit trade talks were suspended on Thursday, after a member of the European Union’s negotiation team tested positive for COVID-19.

The European Union’s chief Brexit negotiator Michel Barnier said he had agreed with his U.K. counterpart David Frost to “suspend the negotiations at our level for a short period.” Both teams will continue working “in full respect of guidelines,” Barnier added.

The U.K. left the EU on Jan. 31 but the two sides must reach a deal over their future trading relationship before the transition period ends on Dec. 31. Talks over a post-Brexit trade deal have gone down to the wire, with both sides saying an agreement must be reached by mid November, in time to be ratified by the end of the year.

Get Breaking Stock Alerts

Stay informed of the biggest news on stocks so you can react before 90% of retail investors.
Email address
We are Spam free & Secure 🙂

As negotiators from the U.K. and the EU headed to Brussels this week for crunch talks, key issues, such as fishing rights and competition rules, remained unresolved.

Read: Brexit trade deal ‘may not succeed’ before year’s end, U.K. negotiator warns

The pound
GBPUSD,
+0.03%

has climbed in recent days on optimism that a trade pact may be signed as early as next week, but was 0.4% lower on Thursday.

Frost said: “I am in close contact with Michel Barnier about the situation. The health of our teams come first.” European Commission President Ursula von der Leyen wished the EU team member a “speedy recovery.”

Also: Markets sleepwalk toward the end of Brexit talks

Written By

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Breaking

Treasury yields rose across the board on Monday, with the 30-year long bond hovering near the psychologically significant level of 2% and the benchmark...

Breaking

Amazon.com Inc.’s plans for higher wages and a bigger workforce will put pressure on the company’s profit and EBIT, Morgan Stanley says, driving down...

Breaking

Bank stocks have had a good run in 2021, but they still lag behind the broader market’s recovery since the pandemic doldrums of 2020....

Breaking

As Washington teeters closer to a possible government shutdown at midnight Thursday, here’s why the status of the nation’s debt ceiling may ignite more...

Get Breaking Stock Alerts

Stay informed of the biggest news on stocks so you can react before 90% of retail investors.
Email address
We are Spam free & Secure :)

Get Breaking Stock Alerts

Email address

Get Breaking Stock Alerts

Stay informed of the biggest news on stocks so you can react before 90% of retail investors.
Email address