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U.K. Weighs No-Deal Brexit Vote as May Is Plunged Into Crisis

From bnnbloomberg.ca

Britain will confront head-on the threat of a no-deal Brexit in a parliamentary vote with huge ramifications for Prime Minister Theresa May. On Wednesday, lawmakers will decide whether to tear the country out of the European Union with no agreement in place in 16 days’ time, or give themselves the chance to delay Brexit in the hope of securing better terms. If -- as expected -- Parliament rejects leaving without an accord on March 29, there will be another vote Thursday on whether to ask the EU for more time and delay departure day. An extension, which markets would welcome, could however provoke furious pro-Brexit ... (full story)

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  • Category: Fundamental Analysis