Britain is getting closer and closer to Brexit without an agreement-Shanghai Metals Market

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Britain is getting closer and closer to Brexit without an agreement

Translation 07:47:20PM Apr 02, 2019 Source:SMM
The content below was translated by Tencent automatically for reference.

SMM4, March 2: on Monday, the House of Commons voted against all four Brexit bills, with the following results.

Customs Union: 273 for and 276 against

Single Market plus Customs Union: 261 for and 282 against

A second referendum on the agreement: 280 for and 292 against

No agreement to leave the European Union: 191 for and 292 against

On March 25, local time, parliament temporarily "deprived" the government of its leadership over the "Brexit" issue and tried to control the "Brexit" process. On the 27th, parliament officially confirmed the postponement of "Brexit" and rejected eight alternatives to "Brexit" with the "exclusion Act." On the 29th, the original "Brexit Day", British Prime Minister Theresa May's "Brexit" agreement was rejected by Parliament for the third time. Over the past few days, nearly 6 million people have petitioned on the website of the British Parliament asking for the abolition of "Brexit".

Theresa May hopes to hold a fourth parliamentary vote on the Brexit agreement by April 12, the Guardian reported. If the agreement is passed by then, Britain will still be able to leave the European Union on May 22. The Associated Press reported that if the House of Commons does not approve the agreement, does not withdraw the "Brexit" but is unable to obtain an extension, Britain will not have an agreement to "leave the European Union" at 23:00 on April 12. French Finance Minister Lemerre said today that Monday's vote brought us closer to Brexit without an agreement. Barnier, the EU's chief Brexit negotiator, also said that Brexit without an agreement is not the result of the EU's tendency, but it seems increasingly possible that the EU is ready to leave the EU without an agreement. At the same time, Barnier also said that the extension of Brexit will pose a major risk to the EU, the EU needs to have a strong reason to agree to extend Brexit.

At present, the chances of a second referendum are still small, and the best result is that the fourth parliamentary vote will pass May's Brexit agreement, and Britain will leave the European Union on May 22 on time. If May's Brexit agreement is still not passed in the fourth parliamentary vote, Well, Britain will not have an agreement to leave the European Union or will be forced to extend the period of Brexit. If Britain chooses to extend its "Brexit", it means that Britain must take part in the European parliamentary elections to be held from 23 to 26 May, and EU representatives are not happy with this result. French President Macron also did not welcome Britain to participate in the European Parliament elections. The postponement of Brexit will undoubtedly continue to hit the European economy, and the negative impact of endless postponement of the war is probably better than the pain of unagreed Brexit. Germany managed to get out of the technical recession last year. Manufacturing has continued to shrink sharply this year, business confidence has been hit hard, and industry leaders and investors are shifting from spiritual to thoroughly pessimistic about Germany's future prospects. The fall of a Greece, Germany can go to save, if Germany also fell, the European economy will face a catastrophic blow, no one wants to see such a result.

Key Words:  Britain  Brexit  extension  no agreement 

Britain is getting closer and closer to Brexit without an agreement

Translation 07:47:20PM Apr 02, 2019 Source:SMM
The content below was translated by Tencent automatically for reference.

SMM4, March 2: on Monday, the House of Commons voted against all four Brexit bills, with the following results.

Customs Union: 273 for and 276 against

Single Market plus Customs Union: 261 for and 282 against

A second referendum on the agreement: 280 for and 292 against

No agreement to leave the European Union: 191 for and 292 against

On March 25, local time, parliament temporarily "deprived" the government of its leadership over the "Brexit" issue and tried to control the "Brexit" process. On the 27th, parliament officially confirmed the postponement of "Brexit" and rejected eight alternatives to "Brexit" with the "exclusion Act." On the 29th, the original "Brexit Day", British Prime Minister Theresa May's "Brexit" agreement was rejected by Parliament for the third time. Over the past few days, nearly 6 million people have petitioned on the website of the British Parliament asking for the abolition of "Brexit".

Theresa May hopes to hold a fourth parliamentary vote on the Brexit agreement by April 12, the Guardian reported. If the agreement is passed by then, Britain will still be able to leave the European Union on May 22. The Associated Press reported that if the House of Commons does not approve the agreement, does not withdraw the "Brexit" but is unable to obtain an extension, Britain will not have an agreement to "leave the European Union" at 23:00 on April 12. French Finance Minister Lemerre said today that Monday's vote brought us closer to Brexit without an agreement. Barnier, the EU's chief Brexit negotiator, also said that Brexit without an agreement is not the result of the EU's tendency, but it seems increasingly possible that the EU is ready to leave the EU without an agreement. At the same time, Barnier also said that the extension of Brexit will pose a major risk to the EU, the EU needs to have a strong reason to agree to extend Brexit.

At present, the chances of a second referendum are still small, and the best result is that the fourth parliamentary vote will pass May's Brexit agreement, and Britain will leave the European Union on May 22 on time. If May's Brexit agreement is still not passed in the fourth parliamentary vote, Well, Britain will not have an agreement to leave the European Union or will be forced to extend the period of Brexit. If Britain chooses to extend its "Brexit", it means that Britain must take part in the European parliamentary elections to be held from 23 to 26 May, and EU representatives are not happy with this result. French President Macron also did not welcome Britain to participate in the European Parliament elections. The postponement of Brexit will undoubtedly continue to hit the European economy, and the negative impact of endless postponement of the war is probably better than the pain of unagreed Brexit. Germany managed to get out of the technical recession last year. Manufacturing has continued to shrink sharply this year, business confidence has been hit hard, and industry leaders and investors are shifting from spiritual to thoroughly pessimistic about Germany's future prospects. The fall of a Greece, Germany can go to save, if Germany also fell, the European economy will face a catastrophic blow, no one wants to see such a result.

Key Words:  Britain  Brexit  extension  no agreement