Brexit

Brexit Closed The Parliament: A Violent Exit From The European Block

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With the approval of Queen Elizabeth II, Boris Johnson closed the parliament.

The plot of hard closing for Brexit began cooking last Tuesday when UK Prime Minister Boris Johnson warned the president of the European Commission, Jean-Claude Juncker, that if the agreed Withdrawal Agreement was not renegotiated by the Government of Theresa May, and the emergency plan for the Irish border was eliminated, “there would be no prospect” of reaching any kind of agreement to avoid a separation without agreement.

The British premier insisted from the beginning of his campaign to reach Downing Street that he will leave the EU on October 31, whatever the circumstances.

“The EU at August 27 remains open to proposals compatible with the Withdrawal Agreement” Dutch Prime Minister Mark Rutte replied on Twitter. But the European front is not the only one for Johnson.

Fast Brexit:

The British parliament repeatedly rejected May’s plans. Her successor hastened to win the favor of Queen Elizabeth II and thus process the suspension of Parliament until October.
As reported by the advisory council of the sovereign, the Privy Council, the parliamentary session should be suspended “not before Monday, September 9 and no later than Thursday, September 12”.

The suspension requested by Johnson is motivated by the fact that the Government foresees that the Queen’s speech, in which she will present her program and plans for the country, will be held on October 14.

The decision leaves the opposition with little room for maneuver to prevent a Brexit without agreement.

But the popular clamor to turn around is trusted: a citizen petition that claims to postpone the parliamentary suspension, has already gathered 350,000 signatures, above the threshold of 100,000 that forces the House of Commons to debate it during a plenary session.

“Parliament must not be suspended or dissolved until the period of Article 50 has been sufficiently extended or the intention of the United Kingdom to leave the European Union has been canceled,” says the petition.

Brexit Crisis:

Logically, political turmoil puts British banks and companies on alert. “Companies feel that Westminster is playing an endless game of political chess, while it’s future and the health of the UK economy are in the balance,” denounced Adam Marshall, general director of the British Chambers of Commerce.

“The main priority for companies and the economy continues to be to avoid a disorderly exit from the EU on October 31. Despite the noise, none of the events of the last few days have given companies greater confidence that this will be achieved,” he said.

Hand in hand the Pound pronounced its fall: $ 1.2213 its worst balance against the “green.” “Sterling is a key barometer of Brexit’s uncertainty,” says Ann-Katrin Petersen, investment strategist at Allianz Global Investors.

“This scenario unleashes the prospects of a deep economic recession,” adds Olivia Alvarez, an analyst at Monex Europe.

Johnson trusts in the American help of his referent Donald Trump, who banked last week in his passage through the G7 to the Prime Minister of the United Kingdom as the “ideal man” to champion the departure of the country from the European Union.

“We are going to prepare a great trade agreement with the United Kingdom that we hope to close quickly,” Trump said during the summit of the seven most industrialized countries in the world that was held in the French city of Biarritz and that allowed the American to set the counterpoint with the French president, Emmanuel Macron, whom he threatened to raise tariffs on wines and dairy products.

On the Johnson side, it also threatens the EU with a Trump negotiation: it plans to retain 30,000 million pounds (33,000 million euros) of which London owes to the EU, thus forcing a Brexit Withdrawal Agreement, as reported the Mail on Sunday.

“Boris wants a fair agreement to leave the United Kingdom in exchange for the billions he would pay,” a government source told the newspaper. “The prime minister has always said it was a big mistake” to close some concrete figures before the agreement was completed.

Johnson presented his position during the G7 summit, which meant a substantial removal of the 39,000 million pounds of compensation, in which his predecessor Theresa May had engaged.

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Steve Smith covers international news coverages for Vizaca.com, He has 9 years of experience in journalism. While working with one of the top news websites steve smith has earned numerous awards.

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