'No Deal' Will Cost the European Union £507bn, While Britain Gains £641bn

'No Deal' Will Cost the European Union £507bn, While Britain Gains £641bn

His comments come as fresh calls for a second referendum have been sparked by politicians in the UK.

"Wasn't it (British Brexit minister) David Davis himself who said if a democracy can not change its mind it ceases to be a democracy?" he told the assembly in a speech about last month's European Union summit.

"The hardest work is still ahead of us and time is limited".

"We must maintain the unity of the EU27 in every scenario, and personally I have no doubt that we will".

Taking to Twitter, Tusk said Europe had never had a change of heart and was still open to the United Kingdom, following many calls from within the United Kingdom to hold a second referendum on the country's future within the bloc, Efe news agency reported.

Prof Barrett also suggested that reduced migration from within the European Union to the United Kingdom would also hit the United Kingdom economy and whatever deals the United Kingdom reaches with countries outside the European Union are likely to include clauses requiring increased migration rights.

The December European Council had agreed that "sufficient progress" had been made on the first phase of Brexit talks, allowing negotiations to move on to consider transition and a future deal.

WhatsApp spam: New feature will protect users from fraudsters
There are other spam messages that give fake links stating that you have won shopping vouchers from popular e-commerce websites. The messaging app has over 200 million active users in India, making it the biggest market for the Facebook-owned WhatsApp.

'Oh Happy Day' singer Edwin Hawkins dies at 74
He would win that category two more times, in 1971 for "Every Man Wants to Be Free" and 1978 for "Wonderful". Hawkins' hit single "Oh Happy Day" became an global hit in 1969, and reached No. 4 on the US Singles Chart .

Myanmar plans to repatriate Rohingya refugees in two years
Shahidul Haque led the Bangladesh delegation while Permanent Secretary Myint Thu led the Myanmar side at the consultation. "Myanmar has reiterated its commitment to stop (the) outflow of Myanmar residents to Bangladesh", it said.

Earlier this month, Nigel Farage, the former UKIP leader, said he supported a second referendum to end the "whinging and whining" of anti-Brexit campaigners - although he later modified his position to say that Brexiteers needed to be prepared for a second vote.

A pro-Brexit group of economists has claimed Britain will gain £651 billion from a "no deal", whereas the European Union will lose more than £500 billion.

According to The Guardian, he claimed Britain's contribution to the European Union budget was already at £362 million a week.

"If there's no deal, if there's no comprehensive economic, trade and investment agreement, then we will be in big trouble in Europe, because the last time we were able to implement a free trade agreement was in 2011 with [South] Korea", he told the BBC in 2017.

Mr Johnson told the newspaper: "There was an error on the side of the bus".

In an interview with the Guardian, leading Brexiteer and Foreign Secretary Boris Johnson has dismissed the prospect of a second referendum.

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