Brexit Deal Negotiations Collapse: July Brexit Update - TLDR News.

The video discusses the ongoing Brexit negotiations, focusing on key deadlines and the Common Fisheries Policy. It highlights the challenges faced by the UK and EU in reaching agreements, particularly in fisheries and financial services. The video also touches on the impact of Brexit on the UK economy and the importance of trade agreements.

What was the deadline for the UK to request an extension of the Brexit transition period?

• June 30th

• July 31st

• August 15th

• September 1st

What is the main issue UK fishermen have with the common fisheries policy?

• It requires them to fish in international waters

• It limits the types of fish they can catch

• It gives a larger quota to EU countries

• It bans fishing during certain months

What principle does the EU use to allocate fishing quotas?

• Environmental sustainability

• Economic necessity

• Relative stability

• Zonal attachment

What system does the UK propose to replace relative stability?

• Zonal attachment

• Exclusive rights

• Quota sharing

• Fishery independence

What is the main reason UK fishermen voted to leave the EU?

• To gain more fishing quotas

• To avoid EU regulations

• To increase fish exports

• To reduce competition

What is the EU's stance on linking fishing rights to trade agreements?

• They should be based on historical rights

• They should be decided by individual countries

• They are inherently linked

• They should be separate

What percentage of the UK's economy does fishing represent?

• 10%

• 0.1%

• 1%

• 5%

What is the term for the paperwork needed to allow financial services to operate between the UK and EU?

• Certification

• Authorization

• Compliance

• Equivalence

What percentage of UK GDP is represented by the financial services sector?

• 6.9%

• 4.3%

• 8.1%

• 2.5%

Who is the leader of Germany during its presidency of the Council of the European Union?

• Angela Merkel

• Emmanuel Macron

• Ursula von der Leyen

• Boris Johnson