Britain: No light at the end of the tunnel for May
On Monday, David Davis and Michel Barnier – the lead Brexit negotiators for Britain and the EU respectively – announced that an agreement had been reached to implement a 21-month transitional period following the original March 2019 deadline. During this time, the status quo would apply and the UK would effectively remain in the EU. The extension period, it is hoped, would be used to thrash out the final Brexit deal, including the as-yet-unspecified future trading arrangements.