Stories for March 6th 2017

Monday, March 6th 2017 - 08:33 UTC
If no post-Brexit deal is reached, 'UK can leave without paying a penny', says Lords' report

Britain can legally walk away from the European Union without paying a penny if there is no post-Brexit agreement, a House of Lords inquiry has concluded. The Lords EU Financial Affairs Sub Committee said the UK would be in a “strong” legal position if the two-year Article 50 withdrawal negotiations ended without a deal.
Monday, March 6th 2017 - 08:19 UTC
Chancellor warns EU that UK will “fight back” if it does not reach a Brexit deal it wants

Chancellor Philip Hammond has warned the EU that Britain will “fight back” and not “slink off like a wounded animal” if it does not get the Brexit deal it wants. In some of the toughest talking yet ahead of the UK triggering the Article 50 negotiations on terms of withdrawal, the Chancellor said Britain would “do whatever we need to do” to be competitive in the event of leaving the EU without a trade agreement.
Monday, March 6th 2017 - 06:40 UTC
New Brazilian minister wants closer Mercosur-Pacific Alliance relations

Giving new life to Mercosur and closer links with the Pacific Alliance are the main challenges of his office said Aloysio Nunes, Brazil's new foreign minister. In as brief statement in Facebook the ex senator and chair of the foreign affair committee also insists that Mercosur must open to the world and reach more agreements with other countries and trade spaces.

If no post-Brexit deal is reached, 'UK can leave without paying a penny', says Lords' report