The British House of Commons voted 327 to 299 on Wednesday night to pass a bill barring the government from Brexit without an agreement with the EU. After that, the document will go to the House of Lords.
- The document obliges the prime minister to ask the EU for negotiations on the postponement of Brexit until January 31, if the parties do not agree on the terms by October 31.
- This is the defeat of Prime Minister Boris Johnson, who promised to withdraw the UK from the EU by October 31, regardless of the agreement. It is all the more devastating because 21 members of the Conservative Party voted against the prime minister.
- Johnson's response will be to initiate early parliamentary elections on October 15. In the elections, he expects to win back the majority from the Labor Party, writes Bloomberg. Labor leader Jeremy Corbyn is not opposed to the election, but on the condition that a no-deal Brexit takes place on October 31st. Only elections after the deadline can guarantee this, which means Labor will fail Johnson here too.
- The UK is on the verge of a recession even without leaving the EU. We wrote about what the country's authorities are preparing for under a tough scenario here .