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The Times:
Brexit will go to the brink, because everyone has something to lose

2 February 2019

Ireland has a more intractable problem, however. The Centre for Economic Performance estimates that the long-term impact of no deal on Ireland is almost as bad as for the UK. But, locked inside the EU, it cannot subsidise industries or change tariff schedules and its central bank has no power to cut interest rates if growth slows once ties with its biggest trading partner are severed. That goes double when it comes to the border.