no-deal Brexit

The U.K. is now almost certain to leave the European Union on Jan. 31. However, a no-deal Brexit remains a possibility.

European auto unions and trade groups have come out with a statement that warns of a seismic impact on the auto economies of the EU and the U.K. in the absence of a Brexit trade deal.

The U.K. is on the threshold of becoming independent from the EU, but it does not seem to have answers to the trade and logistics nightmare that would follow post-Brexit.

Goods that are stuck at the borders would have to be declared at customs before entering the UK. The magnitude of the declarations would mean long queues at the port, and the U.K. government has reason to believe that blockchain could help avoid that.

Parliament amended the Brexit debate time table and demanded a new plan from Prime Minister Theresa May, making a ‘no deal’ Brexit somewhat less likely.

European Commission lays out ground rules and a regulation relaxations post-Brexit; Uber loses latest legal bid over driver rights; European Union announces a 37.5% reduction in CO2 emissions by 2030.

FedEx Express hit by rapid decline in international economic activity.

Brexit is right around the corner, but the U.K. and the EU are struggling to come to terms with a deal that could be a win-win for both the factions.

Utility solar projects see growth as prices of imported Chinese solar panels fall despite Trump tariffs; no-deal Brexit could see higher mortgage rates even if housing prices tumble; Chinese car market is weakening and it is troubling major-OEMs.