The countdown is on. British voters will decide on whether to remain in the EU or not on June 23rd. According to the polls, it's going to be a tight race. What would the consequences of a Brexit be for the EU?
New registrations of cars in the European Union have gone down markedly in recent weeks. Fresh figures show that particularly the UK auto market is going through a rough patch amid Brexit-related uncertainties.
Brexit talks are deadlocked, and British diplomats are attempting to sow disunity within the EU in the hope of a better deal. Meanwhile, UK Foreign Minister Boris Johnson takes to the water to woo eastern EU allies.
British finance chief Philip Hammond has backed away from a statement that risked inflaming Brexit talks. He has been criticized for his handling of financial provisions amid ongoing wrangling over the UK's divorce bill.
The British government has unveiled proposals that would allow it to have a greater say in future mergers and acquisitions which spark security concerns. But London pledged the UK would remain committed to free trade.
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