BREXIT Collapse: UK Govt Moves To Plan B

'Dotun Akintomide
Writer

Ad

Mapped: U.S. Tariff Rates by Country

Key Takeaways The Trump administration increased tariffs, citing trade deficits and national security concerns. Brazil and India received the highest tariff rate of 50%. Under the second Trump administration, new tariff levels have been applied to over 80 countries, with rates ranging from 10% to 50%. The U.S. President argues that persistent trade deficits and…

Thai Court Dismisses PM Over Compromising Phone Call with Cambodian Leader

Thailand’s Constitutional Court on Friday dismissed Paetongtarn Shinawatra from her position as prime minister, ruling that as the country’s leader she violated constitutional rules on ethics in a phone call with Cambodia’s Senate President Hun Sen. The ruling means she immediately loses her job, which she had held for about a year. Paetongtarn was suspended…

Oil Prices Dip but Stay on Track to Extend Last Week’s Gains

Crude oil prices were set for another weekly rise after additional 25% tariffs on Indian exports to the United States kicked in on Wednesday, raising doubts about the supply of Russian crude. At the time of writing, Brent crude was trading at $68.17 per barrel, with West Texas Intermediate at $64.20 per barrel, both slightly down from Thursday’s close…

Ad

The British government will accept a demand by parliament to set out its plan B within days if Prime Minister Theresa May’s deal is rejected coming week.

Andrea Leadsom, Leader of the House of Commons said on Thursday.

On Wednesday, parliament voted for an amendment calling on the government to set out its plan B within three working parliamentary days of the Jan. 15 vote, rather than the 21 days specified in Brexit law.

Leadsom, when asked by a lawmaker whether the government would accept that timetable, said the government would do so.

“The prime minister has shown her willingness to always return to this house at the first possible opportunity if there is anything to report in terms of our Brexit deal and we will continue to do so,” he noted.

Report says parliament is not due to sit on Jan. 18, so three working days will be Jan. 21.

Ad

X whatsapp