World: Boris Johnson’s Brexit Deal on Knife Edge - - PressFrom - US
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World Boris Johnson’s Brexit Deal on Knife Edge

14:45  15 october  2019
14:45  15 october  2019 Source:   bloomberg.com

Brexit divorce talks between UK and EU go down to the wire

  Brexit divorce talks between UK and EU go down to the wire LONDON (AP) — British Prime Minister Boris Johnson told Cabinet colleagues that it will require a "significant amount of work" to strike a Brexit deal with the European Union, amid signs of progress in last-minute talks but also deep-seated skepticism about the chances of an agreement. require(["medianetNativeAdOnArticle"], function (medianetNativeAdOnArticle) { medianetNativeAdOnArticle.getMedianetNativeAds(true); }); Britain is due to leave the 28-nation bloc on Oct. 31, and attempts to find a deal have foundered over plans for keeping an open border between EU member Ireland and the U.K.

(Bloomberg) -- U.K. Prime Minister Boris Johnson ’ s Brexit deal was hanging in the balance Monday, after European Union Presidency said more time was Johnson postponed a meeting of his political cabinet to Wednesday, when it may become clearer whether a Brexit deal will be done this week

(Bloomberg) -- U.K. Prime Minister Boris Johnson ’ s Brexit deal was hanging in the balance Tuesday, after the European Union Presidency said more time was needed before a summit of its leaders this week.Antti Rinne

(Bloomberg) -- U.K. Prime Minister Boris Johnson’s Brexit deal was hanging in the balance Tuesday, after the European Union Presidency said more time was needed before a summit of its leaders this week.

Antti Rinne wearing a suit and tie: New Finnish Prime Minister Antti Rinne Visits Berlin© Getty Images New Finnish Prime Minister Antti Rinne Visits Berlin

Antti Rinne, premier of Finland -- which currently has the rotating presidency of the EU -- said negotiations may need to continue after the EU Council summit that starts Thursday.

“I think there is no time in a practical way and in a legal base to reach an agreement before the Council meeting, I think we need to have more time,” Rinne told reporters in Helsinki.

Boris Johnson Strikes Brexit Deal With E.U.

  Boris Johnson Strikes Brexit Deal With E.U. BRUSSELS — Britain and the European Union agreed on the draft text of a withdrawal deal on Thursday, an 11th-hour breakthrough in Prime Minister Boris Johnson’s effort to settle his country’s anguished, yearslong debate over Brexit and pave the way for its departure from the bloc. The deal must still clear several hurdles, including approval from Europe’s leaders and, most crucially, passage in the British Parliament, where Mr. Johnson’s predecessor, Theresa May, suffered three thunderous defeats after bringing back an agreement with Brussels.

Boris Johnson has said he can see "a way forward" to reaching a deal with the EU in "all our interests" before Brexit is due to happen on 31 October. But the prime minister warned the cabinet there was still a "significant amount of work" to do, as EU and UK officials continue to hold talks.

UK Prime Minister Boris Johnson has been accused of politicizing the role of monarch. Amid a heady mix pomp and politics on Monday, Britain' s Queen Elizabeth II Johnson ' s predecessor Theresa May sought approval for her Brexit deal by parliament on three separate occasions, but each time failed.

With 16 days before the U.K. is due to leave the EU, Johnson repeatedly pledged to “get Brexit done,” as he spoke in Parliament on Monday following a Queen’s Speech that laid the ground for a general election. He’s refused to ask for a delay to Brexit, even though the Benn Act says he must do so if he hasn’t finalized a deal with both the EU and U.K. Parliament by Oct. 19.

The EU plans to decide Wednesday whether there will be a deal for leaders to sign during the Oct. 17-18 summit and has ruled out negotiating during the actual meeting of leaders.

Michel Barnier, the EU’s chief Brexit negotiator, said on Wednesday that a deal is still possible this week -- but talks remain tough, saying it’s high time to “turn good intentions in to a legal text.” The pound climbed on his comments.

Boris Johnson can't celebrate his Brexit win for long

  Boris Johnson can't celebrate his Brexit win for long As Boris Johnson travels back to London from Brussels after proving the doubters wrong, Britain's leader has good reason to feel upbeat. Now, he faces what will likely be two of the most painful days of his career back in London. On Friday, Johnson will have to convince lawmakers across the political divide that they should back his new Brexit deal.It's a tough ask. The main opposition Labour Party hates the deal, and wants to negotiate its own one and then put that deal to a public referendum. Other opposition parties want to scrap Brexit altogether.

Boris Johnson is edging towards the parliamentary numbers needed to pass a Brexit deal after more hardline Eurosceptics and pro- deal Labour MPs indicated they could back a new agreement made with the EU. The prime minister will need to win over almost all the 28 Tory “Spartans” who held out

Boris Johnson and Brexit merchandise for sale at the Tory conference. The group, which includes former cabinet ministers, wrote in the Sunday Times: "We are particularly concerned that if the knife - edge negotiations fail or parliament blocks a deal , the Tory party may consider fighting a

Johnson postponed a meeting of his political cabinet to Wednesday, when it may become clearer whether a Brexit deal will be done this week, and the government will then be able to decide whether to call MPs in for a sitting Saturday.

Frenzied Fortnight: The next two weeks in Brexit
Oct. 17-18Crunch talks: EU summit in Brussels
Oct. 19Super Saturday: Parliament holds special sitting
Oct. 21Chaos and courts: If Johnson refuses to delay Brexit, expect challenges in court and Parliament
Oct. 31Brexit day: Britain leaves the EU at 11 p.m. -- unless something changes first

Chancellor of the Exchequer Sajid Javid also announced Nov. 6 as the date for his annual Budget, but that will only take place if the government gets a Brexit deal.

With the clock ticking down, Johnson’s Brexit opponents in the U.K. met Monday to discuss their next move. They concluded any deal Johnson brings back would probably be incomplete, meaning he’d likely have to delay Brexit anyway, according to two people familiar with the discussions.

Brexit Decision Day Looms as U.K Lawmakers Weigh Vote on Deal

  Brexit Decision Day Looms as U.K Lawmakers Weigh Vote on Deal Boris Johnson will put his Brexit deal to Parliament to accept or reject Saturday, knowing that his political future and that of the country he leads are on the line in the knife-edge vote. The U.K.’s 650 members of Parliament will convene in Westminster for only the fourth Saturday sitting since World War II to decide whether to endorse the Brexit agreement Johnson struck Thursday with the European Union.Will Johnson Win? We’re Counting the VotesIf the British prime minister wins the critical vote, the country will be on course to leave the EU at the end of the month in an orderly break-up.

According to our study, the deal now being discussed would reduce per capita GDP by 6.4%, say Anand Menon and Jonathan Portes of UK in a Changing Europe.

JEREMY Corbyn is facing a shadow Cabinet revolt to back a second referendum on Boris Johnson ' s Brexit deal . Shadow Business Secretary Ms Long-Bailey said: "The only option that we've got is to let the people decide." Shadow Brexit minister Jenny Chapman said that a referendum might be the

The group, which consists of some Labour MPs, the Liberal Democrats, Wales’ Plaid Cymru, the Scottish National Party and Greens — alongside some former Conservatives — said they’d wait and see how the next 48 hours pans out.

If Johnson gets a deal they would then decide whether to seek a confirmatory public vote on it as a price for allowing it to pass Parliament, the people said.

But Johnson once again ruled out another referendum on Brexit on Monday.

“If there could be one thing more divisive more toxic than the first referendum, it would be a second referendum,” he said.

(Adds Barnier comments in sixth paragraph.)

--With assistance from Kitty Donaldson and Kati Pohjanpalo.

To contact the reporter on this story: Jessica Shankleman in London at jshankleman@bloomberg.net

To contact the editors responsible for this story: Tim Ross at tross54@bloomberg.net, Robert Jameson

For more articles like this, please visit us at bloomberg.com

©2019 Bloomberg L.P.

Boris Johnson launches bid for December election to break Brexit impasse .
Boris Johnson will launch an attempt to hold a general election in Britain on December 12 to "get Brexit done."The British prime minister will attempt to convince members of Parliament to formally back the bid on Monday, but he will need the support of two-thirds of the House of Commons. Britain's next scheduled election is not until 2022.

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