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Most Eastern European countries still depend on Russia for more than half of their crude imports.

BORIS JOHNSON will be able to boast a victory in the post-Brexit trade talks, claiming to have won 28 key battles compared with Brussels' 11 triumphs, a leaked Government document says.

Sterling drops as European Union warns just hours left for Brexit deal 18 Dec 2020 Boris Johnson tries his hand at cable splicing during a visit to the Openreach Learning and Development Training Centre in Bolton, UK, on Friday. Agence France-Presse Sterling fell on Friday, reversing some of its recent gains, after European Union chief negotiator Michel Barnier warned that there were just hours left to reach a Brexit trade deal with London. The British currency is still on track for its best week since the end of July as market confidence has risen sharply this wee...

SHARE US investment bank JPMorgan has raised the probability of a Brexit trade deal despite warnings from the European Union just hours were left to strike one. The bank said the chances of a Brexit trade deal had risen to 70 per cent from 60 per cent. "Our sense is that the likelihood of a deal has moved up from the 60-40 we had as the week began, and we now mark that up to 70-30," JPMorgan analyst Malcolm Barr said in a note to clients. "In our view, solutions to all of the issues listed above which both sides would be able to live can be designed, even if the process of getting to them is ...

Analysts closely following the negotiations say the chances of an agreement are quickly diminishing.