24CryptoRoom.com - Your Trusted Source For Crypto-Currency News

Brexit: law against no-deal approved. But what do you expect?

0 86

Twist Brexit: the anti-no-deal law was approved for a single vote, but what will happen now?

New twist in the Brexit home. In the last few hours, the British Parliament has chosen to pass an anti-deal law, a text designed to exclude the possibility of a chaotic and indefinite exit from the United Kingdom.

The go-ahead by the parliamentarians has opened the door to a new scenario, that of the postponement of Brexit which, on balance, could be postponed to 2020. The hypothesis has obviously already aroused the ire of the most vocal supporters of Leave, who almost three years after historic referendum have not yet been satisfied.

Brexit: ok to anti-no-deal law, but what do you expect? 313 against 312: for a single vote the British Parliament approved the anti-no-deal law. Already a few days ago the MPs had expressed their opinion on the subject once again avoiding the hypothesis of exit without agreement.

In that case, however, the vote had not been binding, while today the idea of ​​blocking the most feared scenario was turned into a real law.

Signed by Cooper (Labor Party) and Letwin (Conservative Party) the novelty will force Theresa May to request another referral to the European Union in the event of failure to reach an agreement by 12 April. In mid-March, the Prime Minister has already asked and obtained a first extension of the terms: on that occasion the European Union has postponed Brexit to 22 June.

How will Brussels react to the request for a new referral?

It is probable that, in the event of failure to reach an agreement by 12 April, the EU will grant the United Kingdom a new postponement of Brexit which, however, will in this case be longer than the previous one. According to statements by European Commission President Juncker, divorce could be postponed for 9 months.

Relating Article:  Company vs. Currency: How Ripple & XRP May Have Benefitted from Unclear Tie

If, on the other hand, Brussels decides to ignore May’s requests and not grant any extension, London will be forced to leave without an agreement: the most feared scenario would materialize like a bolt from the blue. However, the hypothesis seems unlikely to date. Today, after the first meeting between Theresa May and Jeremy Corbyn, the anti-Brexit no-deal law will pass to the House of Lords for a second approval. The latter, however, has already been taken for granted.