No Brexit is more likely than no-deal, says Amber Rudd


Chancellor Merkel told the Germany Parliament: "We have placed value, and I think this is right, on the fact that Britain can not decide unilaterally when it ends the state of the customs union, but that Britain must decide this together with the EU". Banks fell as much as 1.6 per cent and mining companies and other resources firms dropped almost 2 per cent before clawing some ground back.

That reflected the bitter Sino-U.S. trade war, encouraging investors to take money off the table before U.S. President Donald Trump and his Chinese counterpart, Xi Jinping, meet in Argentina next week.

The focus is on whether they can make any progress on their trade feud.

The news, which marks another major step forward in the Brexit process, sent the pound flying higher, gaining as much as 1.1% against the dollar, and passing back above the $1.29 mark, which it dropped below a week ago after a series of resignations from the British Cabinet.

But the WTO did not count measures announced since or not yet implemented, and one G20 country had asked for its actions to be omitted from the monitoring report, the WTO said.

Hayne charged over sexual assault
Welfare officers from the Eels are understood to have been in contact with Hayne about the allegations which have rattled him. Hayne began his career with the Paramatta Eels in 2006 but left to play in America's National Football League in 2015.

"No final deal can be agreed without the approval of European Council on Sunday", he said, referring to the planned leaders' summit at the weekend.

"We must have a people's vote on this bad Brexit deal".

Near-term, the European Union parliament will vote on the proposed withdrawal agreement on November 25. I think people will take a careful look over the abyss - MPs of all parties - and consider whether they think it is in the best interests of the whole country.

A Brexit-backing minister said that the negotiation process was "not over until it's over" and it was now a case of "who blinks first" as Brussels did not want either the backstop to be implemented or the prospect of the United Kingdom crashing out without a deal.

Britain's parliament will not support a "no-deal" Brexit, work and pensions minister Amber Rudd said on Wednesday, also playing down the prospect of a second referendum if lawmakers do not approve Prime Minister Theresa May's Brexit deal.

'Allies owe each other respect,' Macron says of Trump tweets
Mr Trump , referring to the push for a European military, tweeted that Mr Macron was "just trying to get onto another subject". Even as relations have soured, Mr Macron has promised to keep talking with the USA president.

Back in the share markets, MSCI's broadest index of Asia-Pacific shares outside Japan had ended little changed after recovering from an initial wobble.

Japan's Nikkei had finished nearly 0.7 per cent higher but Chinese shares closed 0.4 per cent in the red. 'There are lots of ways of changing something without changing something, ' they said.

US crude futures were last down 8 cents at $54.55 a barrel after hitting a one-year low of $52.77 on Tuesday. Brent eased 45 cents to $US63.03, off Tuesday's low of $US61.71.

Gold rose, with spot prices at $1,227.98 an ounce.

91K pounds of Jennie-O turkey recalled due to salmonella outbreak
Symptoms of salmonellosis are diarrhea, abdominal cramps and fever within 12 to 72 hours after eating the contaminated product. Ahead of Thanksgiving, and any other night you're planning on cooking a turkey, do not forget to thoroughly wash your hands .