11/28/2020, 3:14 PM (Source: TeleTrader)
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UK, EU continue Brexit talks as deadline nears

The European Union's chief Brexit negotiator Michel Barnier (pictured right) traveled on Saturday to London where he is meeting face-to-face with his British counterpart David Frost (left) in an effort to reach a breakthrough in the trade deal negotiations. Barnier stated on Friday that he is approaching the talks with "patience and determination" ahead of the end-of-year deadline when the United Kingdom's transition period expires.

Both sides have acknowledged that a deal is still possible, although differences remain. A report claimed that the EU is prepared to formally recognize British sovereignty over UK waters, a major sticking point in negotiations. However, some officials alleged that an agreement is not likely and accused both the EU and the UK of "running down the clock."

Breaking the News / DJ