The Gulf Time:
Something about Brexit everyone can agree on
3 December 2018
For any Brexiters holding out the hope the EU would come to the UK's rescue because it too has much to lose from not reaching a deal, an analysis this week from the Center for Economic Performance offers little encouragement. It shows a massive gap in losses - both under a no-deal scenario and under May's deal - between the UK and other EU countries. They can much more easily afford the hit. The one exception is Ireland. It would lose out far more in a no-deal exit.