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15.01.201916:34 Forex Analysis & Reviews: Theresa May: The Path to Calvary

Long-term review

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So, this day has come. The British Parliament will vote today whether it will support the agreement with the EU, concluded by Prime Minister Theresa May.

Experts promise a crushing defeat in May.

Is it possible that this will actually become a vote of no confidence in the May government?

- Yes, probably. How can the prime minister rule the country when the most important decision of the parliament failed?

Most likely, the failure of the agreement with the EU will lead to the resignation of the cabinet and to new elections quite possibly.

Furthermore, Britain's withdrawal from the EU will take place at the end of March 2019. And if the agreement is failed, there will be an exit without an agreement and this is very negative for the British economy.

Why do MP's vote against the agreement?

Part of it is because they are generally against the exit of Britain and the latter, it is because they believe that May is bending too far under the EU. Although my opinion is not at all like this - rather, the EU is too far towards Britain.

Voting is scheduled for 19.00 London time.

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