Covid-19 has made investors forget about Brexit, with some justification. But it is worth watching an economy that could provide a test case for a world after peak globalization. Britain left the bloc in January, but remains in the European Union’s single market and customs union until the end of the year. Earlier this week, British Prime Minister Boris Johnson and EU officials agreed not to extend this transition period, which means that any trade agreement for next year needs to be negotiated before Oct. 31.

Source: Wall Street Journal June 18, 2020 12:11 UTC