The G20 countries have completed the summit in Buenos Aires Argentina, and the G20 leaders agreed to reform the World Trade Organization (WTO).

The G20 agreement also includes a promise to address the refugee situation.

All participating countries, with the exception of the United States, also promise to keep in line with the emission levels agreed at the Paris Conference on Climate Change in 2015.

The United States is determined on its decision to leave the Paris climate agreement.

Britain’s choice would be to leave the European Union without a deal or abandon Brexit altogether if its parliament rejects an agreement between the EU and Prime Minister Theresa May, European Council President Donald Tusk said today.

“A few days before the vote in the House of Commons, it is becoming more and more clear that this deal is the best possible – in fact, the only possible one,” Mr Tusk said, ruling out any renegotiation by the EU if the British parliament votes down last Sunday’s deal on 11 December.

“If this deal is rejected in the Commons, we are left with… an alternative: no deal or no Brexit at all. I want to reassure you that the EU is prepared for every scenario,” he said during the G20 meeting in Argentina.

When asked about a Plan B for Brexit if her deal is defeated in parliament, Mrs May said at the summit: “I’m proposing my Brexit deal.”

She said that the people voted for Brexit and “it is our job” to deliver it.

“The focus of myself and the government is on the vote that is taking place on 11 December. We will be explaining to members of parliament why we believe that this is a good deal for the UK,” she said.

“I ask every member of parliament to think about delivering on the Brexit vote and doing it in a way that is in the national interest and doing it in a way that is in the interests of their constituents because it protects jobs and livelihoods.”

Mr Tusk will chair an EU summit two days after the British parliament votes on the deal.

Britain is due to leave the EU on 29 March, although some campaigners hope the withdrawal can be stopped.

On Wednesday, the Bank of England warned Britain risked suffering an even bigger hit to its economy than during the global financial crisis ten years ago if it leaves the EU in the worst-case, no-deal Brexit scenario.

Asked in a BBC interview if she would seek a second vote,she declined to answer directly, repeating her comment that she was only focusing on the 11 December vote.

Where will he play nest season? 37-year old Swedish superstar Zlatan Ibrahimovic?

After scoring 22 goals for LA Galaxy in MLS is Zlatan now rumoured for a return to Europe and his old club AC Milan.

Sweden is continuing to move up on the FIFA Soccer World Ranking. After having played a quaterfinal in World Cup in Russia this summer, our national team has won the B-group in UEFA Nations League beating Russia and Turkey advancing to the top nations A level.

We are now ranked as number 14 in the world on the same rank as Netherlands and ahead of countries like Germany, Italy and Mexico on the ranking. A great achievement.

The European Union’s Brexit negotiator Michel Barnier told Britain on Thursday the Brexit deal the bloc agreed with Prime Minister Theresa May was the only one possible.

Barnier was speaking to a nearly-empty EU parliament chamber as the bloc awaits the verdict from London where May is trying to sell the deal to her divided parliament, which will vote on it on Dec. 11. The EU insists the Brexit accord sealed after 18 months of talks will not be renegotiated.

“Given the difficult circumstances of this negotiation and given the extreme complexity of all the issues of the British withdrawal, the deal that is on the table … this deal is the only one and the best possible,” Barnier said.

Now is the time for ratification,” he said.

The Bank of England said on Wednesday Britain risked suffering an even bigger hit to its economy than during the global financial crisis 10 years ago if it left the EU without a deal in four months’ time.

“It’s not a question of winners and losers because Brexit is a lose-lose. There is no added value,” Barnier said.

“I am convinced we will be able to work together for a real and unprecedented partnership,” he said of Britain’s future relationship with the EU, talks on which will start after Brexit day on March 29, 2019.

During the EU parliamentary debate on Thursday, Brexit campaigner Nigel Farage said May’s deal would be voted down in the British parliament as “the worst deal in history”.

Barnier received much praise from EU MPs on Thursday for his handling of the Brexit negotiations, a sentiment shared in many EU quarters, beefing the Frenchman’s chances should he run for the top job in the bloc next year.

Source: Reuters

Large parts of the British economy are not ready for a no-deal Brexit, Bank of England governor Mark Carney has said.

Fewer than half of businesses have initiated contingency plans, Mr Carney told BBC Radio 4’s Today programme.

He said the UK would need a transition period to adapt to whatever form of departure from the EU Parliament chose.

He also denied that the Bank’s warning no-deal could lead to a UK recession was intended to scare people into backing his favoured form of Brexit.

Mr Carney told the BBC that “we know from our contacts with business, others know from their contacts, that less than half the businesses in the country have initiated their contingency plans for a no-deal Brexit”.

“All the industries, all the infrastructure of the country, are they all ready at this point in time? And, as best as we can tell, the answer is no,” Mr Carney said.

It is in the interests of the country that there should be a transition to whatever new relationship the UK has with the EU, he said.

He added: “We know issues around the borders, we go to the ports and we know the issues that are there today. So we need some time to get ready for it.”

MPs warned on Wednesday that there was a “real prospect” of “major disruption” at UK ports in the case of a no-deal Brexit, with government plans “worryingly under-developed”.

However, the Department for Transport said the Public Accounts Committee’s conclusions “were not accurate”.

Mr Carney’s comments come after government forecasts warned that the UK would be economically poorer under any form of Brexit, compared with staying in the EU.

Under Theresa May’s Chequers Brexit plan, the UK economy could be up to 3.9% smaller after 15 years compared with staying in the EU, government analysis suggested.

With a no-deal Brexit, the hit to the economy would be 9.3%.

“Our deal is the best deal available for jobs and our economy, that allows us to honour the referendum and realise the opportunities of Brexit,” Mrs May said at Prime Minister’s Questions.

The Bank of England, meanwhile, said on Wednesday that the UK economy could shrink by 8% in the immediate aftermath if there was no transition period, house prices could fall by almost a third, and that the pound could fall by a quarter.

Conservative MP and Brexiter Jacob Rees-Mogg accused Mark Carney of talking down the pound on Wednesday, saying the Bank of England’s warnings tonight “lack all credibility”.

Mr Rees-Mogg said “project fear” had become “project hysteria”.

Source: BBC News