'Final throw of the dice': UK, EU to resume talks in efforts to save Brexit

Since Britain formally left the EU on Jan. 31, negotiators have missed several deadlines for a deal with the world's largest trading bloc before a status quo transition period ends on Dec. 31

Britain and the European Union will make a last-ditch attempt to strike a post-Brexit trade deal this week, with probably just days left for negotiators to avert a chaotic parting of ways at the end of the year.

Ireland’s prime minister, whose country would face more economic pain than any of the other 26 EU member states in the case of a “no deal”, cautioned against over-optimism, putting the chances of an agreement at only 50-50.

British Prime Minister Boris Johnson and European Commission President Ursula von der Leyen spoke over the weekend to get their teams back to the negotiating table