(LONDON) — A senior British opposition politician said Sunday that it’s unlikely the U.K. will leave the European Union as scheduled on March 29, while a government minister warned that failure to deliver on Brexit would betray voters and unleash a “political tsunami.”

The Brexit process has been deadlocked since Prime Minister Theresa May’s divorce deal with the EU was rejected by Parliament last week. Some lawmakers are pushing for the U.K. to delay its departure until politicians can agree on a way forward.

Labour Party Brexit spokesman Keir Starmer said “it’s inevitable” Britain will have to ask the EU to extend the two-year Brexit countdown that ends on March 29.

“The 29th of March is 68 days away,” Starmer told the BBC. “We are absolutely not prepared for it. It would be catastrophic.”

Britain’s political impasse over Brexit is fueling concerns that the country may crash out of the EU on March 29 with no agreement in place to cushion the shock. That could see tariffs imposed ..

Klaus Schwab, founder of the World Economic Forum, sat down with TIME to discuss a sweeping vision for a rapidly changing world ahead of this year’s summit, which will begin in Davos, Switzerland on Tuesday.

“Big issues in the world cannot be solved by governments alone,” Schwab said, speaking with TIME Editor-in-Chief and CEO Edward Felsenthal and National Correspondent Haley Sweetland Edwards in December.

Decades ago, Schwab helped define “stakeholder theory,” which holds that businesses are not only responsible to their shareholders, but also to the wider array of “stakeholders” — employees, governments, customers and others — that it impacts.

“Business has a big role to play. Civil Society has a big role to play. So we are all stakeholders of our global future,” he said.

For Schwab, securing the future requires that we embrace change, rather than shy away from it.

“What today I think is dividing society is the gap between those who embrace change, who look forward, who have a ..



Administration officials are planning for President Donald Trump’s second summit with North Korean leader Kim Jong Un to take place in Vietnam, said people familiar with the plans.

The White House announced on Friday that Trump would meet Kim in late February, following a 90-minute meeting between the president and Kim Yong Chol, one of the North Korean leader’s top aides. The pair discussed denuclearization and a second summit, the White House said at the time. Kim Yong Chol also met Friday with Secretary of State Michael Pompeo.

Trump and Kim held their first meeting in Singapore in June.

The February summit is likely to take place in Hanoi, the capital, but Danang, site of the 2017 Asia-Pacific Economic Cooperation meeting, and Ho Chi Minh City in the country’s south have also been discussed as possible venues.

Neither the administration nor the North Koreans offered much else after Friday’s meetings about what they’d agreed to and what would be gained from the planned summit..