The keys to the deal lies with the DUP, which provides critical support to Johnson’s government. On Thursday, in a historic development, at the very last minute, Britain has managed to clinch a Brexit deal with the EU. However, British… Read More ›
Irish backstop
JPMorgan sees 50% possibility of a Brexit deal being struck by Britain and the EU
While earlier it had placed this likelihood at just 5%, following Boris Johnson’s upbeat meeting with his Irish counterpart Leo Varadkar, the bank has placed the likelihood of a deal at 50%. On Friday JPMorgan stated, it now expects Britain… Read More ›
Pathway to Brexit deal sighted by negotiators
Both sides are cautious to not disturb the delicate balance that has been arrived at and have not disclosed the compromises, if any, that have been made. On Friday, just hours after British Prime Minister Boris Johnson and his Irish… Read More ›
No concrete or credible proposal received on replacing Irish backstop: Ireland’s Foreign Minister Simon Coveney
Britain is staring at a cliffhanger Brexit. On Friday, according to a statement from Irish Foreign Minister Simon Coveney, the British government has yet to make credible and concrete proposals on replacing the mechanism known as the Irish backstop in… Read More ›
No time to renegotiate complete Brexit – Macron to Johnson
While Brexiters have acknowledged that a no-deal Brexit will significantly impact the country’s economy they however argue that this disruption will not last long and that UK will be free to chart its own course and make trade deals with… Read More ›
Boris Johnson takes aim at Irish backstop in opening salvo
Despite Boris Johnson’s own admission that “Time is very short”, he wants to renegotiate the Brexit deal by October 31. On Tuesday, British Prime Minister Boris Johnson fired his opening salvo at the European Union, as negotiators from both sides… Read More ›
Theresa May’s Brexit plan faces symbolic defeat in parliament
The development revealed that Pro-Brexit members within party are a major stumbling block to passing any agreement. British Prime Minister Theresa May’s Brexit plan suffered yet another humiliating defeat on Thursday. As a result the development has undermined her pledge… Read More ›
Theresa May reneging on UK government commitments on Irish backstop
Making commitments and reneging on them appears to be part of the unscripted, Shakespearean Brexit drama that is threatening to ravage the British economy. A second referendum seems increasingly more inviting given the prospects of increased clarity that will stem… Read More ›
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