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The Economist (January 19)

2019/ 01/ 21 by jd in Global News

Brexit has become the “mother of all messes. Solving the crisis will need time—and a second referendum.”

 

BBC (January 17)

2019/ 01/ 19 by jd in Global News

In the UK, “Surveyors and estate agents reckon the housing market outlook over the next three months is the worst for 20 years….. It’s the most downbeat reading since records started in October 1998 and the pessimism is blamed on the lack of clarity around Brexit.”

 

Reuters (January 16)

2019/ 01/ 17 by jd in Global News

“Nobody expected May’s Brexit deal to secure a majority. Nevertheless, the scale of the defeat—the worst for a British government in modern history—was startling…. It’s very unlikely the deal can be rescued.” In fact, investors seem to be signaling that “reversing the Brexit decision” is now more likely than “a chaotic exit…. The pound jumped 1.4 percent against the U.S. dollar immediately after the result was announced on Tuesday.”

 

The Times (January 15)

2019/ 01/ 15 by jd in Global News

“Tonight the House of Commons will finally get the opportunity to pass judgment on Theresa May’s Brexit plan….  But with Brexiteer MPs implacably opposed and Labour also intent on voting down the plan, it looks certain to be heavily defeated. The critical question is what happens then.”

 

The Guardian (January 8)

2019/ 01/ 10 by jd in Global News

Many of the voters who voted for Brexit “felt abandoned and unheard in an increasingly unequal Britain marked by vast wealth in parts of south-east England and austerity and post-industrial abandonment elsewhere. Income levels in London have risen by a third since the financial crash–but have dropped by 14% in Yorkshire and Humberside.” Their concerns are real, but “all the major parties have, in different ways, let the country down on Brexit,” making a second referendum essential.

 

Reuters (December 11)

2018/ 12/ 13 by jd in Global News

“With less than four months left until the United Kingdom is due to leave the EU on March 29, May’s premiership and her deal to stave off a disorderly departure or a bid to stop Brexit are hanging by a thread. If she is toppled — and it is far from certain that she would lose a vote among all the party’s members of parliament — — could further complicate Brexit.”

 

The Times (December 9)

2018/ 12/ 10 by jd in Global News

“This week, parliament’s Brexit drama reaches its climax, resulting perhaps in a nation set on a course that no one seems to think is in the national interest, or the collapse of a government, or the fall of a prime minister. Barring a last-minute miracle, Theresa May has lost her final battle. Her big push has failed.”

 

Fortune (December 5)

2018/ 12/ 07 by jd in Global News

“The chances of the U.K. canceling Brexit have just shot up.” JP Morgan economist Malcolm Barr told clients, “the chances of no Brexit had doubled from 20% to 40%, the chances of the U.K. leaving the EU without a deal had halved from 20% to 10%, and the chances of an ‘orderly negotiated Brexit’ were down from 60% to 50%.”

 

The Guardian (December 2)

2018/ 12/ 02 by jd in Global News

The debate that begins Tuesday in the House of Commons “will be the most consequential parliamentary event for a generation…. The voting at the end of this five-day debate on 11 December will decide whether, and if so on what terms, Britain departs from the European Union or whether, perhaps, the issue will be returned to the voters for another referendum and for a possible democratic reversal of Brexit.” Ultimately, the best “choice will depend, in part, on how the domestic Brexit endgame evolves over the next week.”

 

Wall Street Journal (November 18)

2018/ 11/ 20 by jd in Global News

“As the British government convulses over Theresa May’s Brexit deal, its negotiating partners in Europe are watching with bewilderment and anxiety, tempered by a flickering hope that the U.K. Parliament might yet decide the pain of Brexit isn’t worth it.”

 

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