FIRST AIRED: December 5, 2017

Nice work! Enjoy the show!


You’re busy. We get it.

Stay on top of the news with our Editor’s Picks newsletter.

US Edition
Intl. Edition
Unsubscribe at any time. One click, it’s gone.

Thanks for signing up!



>> It was not possible to reach a complete agreement.>> But on a couple of issues, some difference do remain.>> Issues might be putting it lightly. After Theresa May left Brexit talks without a deal to start trade negotiations, Tuesday's Cabinet meeting likely more a post mortem than the planned celebration.
Northern Ireland's Democratic Unionist Party, May's supposed allies, landed the killer blow.>> We will not accept,>> Their motive, stopping a deal on the Irish border that would leave regulations in Northern Ireland aligned with EU law. For the DEP, that looks like a move towards a de facto united Ireland under the EU umbrella.
But the Unionist party doesn't want a hard border either. So how do you solve that riddle? Reuters UK Bureau Chief had been giving it some thought.>> One thing that the leaders in Scotland, both Sturgeon and Ruth Davidson, have suggested. Is that if Northern Ireland is gonna be aligned with the European Union so closely, then surely the whole of the United Kingdom should be aligned with the European Union closely.
Basically that's a soft Brexit.>> That's easier said than done for me who has Brex Atears on her back.>> No deal is better than a bad deal.>> Some of them would rather crash out of the EU without a deal and stay in the single market. Then there's the Irish government which won't support any further compromise on the border.
It all puts May, already weakened at the ballot box, in a perilous position.>> The clock is ticking. This EU summit on December the 14th to the 15th is the time when they really want to get a deal to do more talks. Talks on trade, which is what businesses and banks are really interested in, is getting the future relationship tied down.
And if they don't get a deal at this December summit, then of coursem that all moves into next year.>> Downing Street says May could be back in Brussels by Wednesday. So far, the official line is that they're still hopeful of a deal this week. But we've heard that and seen the handshakes before.