2019-10-15 09:13:00 Tue ET
technology social safety nets education infrastructure health insurance health care medical care medication vaccine social security pension deposit insurance
U.K. prime minister Boris Johnson encounters defeat during his new premiership. The first major vote would pave the path of least resistance to passing a no-deal Brexit in late-October 2019. In addition to losing this vote, Johnson also loses the Conservative one-person majority as Conservative MP Phillip Lee crosses the floor to join the Liberal Democrats. In light of this parliamentary change, Johnson seeks a general election in mid-October 2019 and further threatens to eject all of the 21 Conservative MPs who oppose a hard Brexit.
In response, the opposition parties support setting in stone anti-no-deal Brexit law. The British parliament blocks Brexit with no deal with the European Union, and the House of Lords must give assent to legislate this outcome. Moreover, the British parliament prevents Johnson from instituting a snap general election.
Johnson experiences 3 parliamentary rebukes in 2 consecutive days at the early stage of his new premiership. In reality, there are good economic reasons for anti-Brexit investor anxiety and even a second referendum. Stock market analysts and currency strategists fear that Brexit would lead to substantial trade retrenchment, substantial British pound volatility, and financial capital exodus. After all, European Union remains the biggest trade bloc for Britain.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2023-07-21 10:30:00 Friday ET
Joseph Stiglitz and Andrew Charlton suggest that free trade helps promote better economic development worldwide. Joseph Stiglitz and Andrew Charlton (200
2018-01-17 05:30:00 Wednesday ET
European Union antitrust regulators impose a fine on Qualcomm for advancing its key exclusive microchip deal with Apple to block out rivals such as Intel an
2018-11-09 11:35:00 Friday ET
The Internet inventor Tim Berners-Lee suggests that several tech titans might need to be split up in response to some recent data breach and privacy concern
2023-03-07 11:29:00 Tuesday ET
Former Bank of England Governor Mervyn King provides his deep substantive analysis of the Global Financial Crisis of 2008-2009. Mervyn King (2017) &nb
2018-05-06 07:30:00 Sunday ET
President Trump withdraws America from the Iran nuclear agreement and revives economic sanctions on Iran for better negotiations as western allies Britain,
2019-10-21 10:35:00 Monday ET
American state attorneys general begin bipartisan antitrust investigations into the market power and corporate behavior of central tech titans such as Apple