Pound falls sharply on Brexit deal advice

Finally, a Big Week for Brexit

Labour's Yvette Cooper, one of the key players behind parliamentary moves to stop no deal, has said she and a cross-party group of MPs would consider steps to force those indicative votes as an amendment to any motion for an extension to article 50.

Writing to EU summit chairman Donald Tusk after agreeing a deal to break the Brexit deadlock with British Prime Minister Theresa May, Juncker wrote: "The United Kingdom's withdrawal should be complete before the European elections that will take place between May 23-26 this year".

May's Attorney General Geoffrey Cox is expected to set out his formal legal opinion on the changes on Tuesday. So hardcore Brexiteers, who want a clean break with the European Union, are deeply unlikely to back her in the vote.

The back-stop measure is meant to reassure Britain it won't be trapped forever in a mechanism created to prevent a hard border between Ireland and Northern Ireland.

The pound sterling has soared to its highest figure in almost two years after Prime Minister Theresa May struck a Brexit breakthrough.

She said it was "time to pivot, not to dig in" and said the risk of extension was that May would "do more of the same, running round in circles on the backstop and running down the clock".

"It will consider facilitations and technologies - both those now ready and emerging".

"The House was clear on the need for legally binding changes to the backstop".

More news: 'Fortnite' Nintendo Switch Cross-Play With PS4, Xbox One No Longer Supported

Meanwhile, JR Zhou, market analyst at Infinox, said markets were "convinced" that the deal does not have the numbers to pass and added that May's speech to the Commons "has now been thrust firmly into Hail Mary territory - a last-ditch effort to sell a seemingly unsellable deal to MPs".

"If we vote for the improved deal we will both end the current uncertainty and deliver Brexit", he said.

With just a little over two weeks until the deadline of March 29, May has stated that she will hold a vote Wednesday to determine whether or not the United Kingdom should pursue a no-deal Brexit if Parliament votes down the measure on Tuesday.

A DUP spokesman said: "We note the prime minister's latest statement and update on our European Union exit negotiations".

In a statement the DUP said it would scrutinise the text from Mrs May's meeting "line by line".

The government was even weighing up whether to scrap Tuesday's planned vote on the basis that no significant changes had been secured.

"We will measure this latest text against the Brady amendment and the commitments made by the prime minister on 29 January".

Related News:



Most liked

Facebook hit by worst outage in its history
The social media giant, which owns Instagram , said it was aware of issues people were having with Facebook's suite of apps. Many people went on Twitter to vent their frustration.

Dollar pulls back from nine-day low as pound's rally tapers off
Oil prices extended overnight gains with USA crude up 15 cents per barrel at $58.41 and Brent adding 22 cents to $67.77. Treasury yields rose after falling the previous session as risk appetite improved and equity markets steadied.

'Avengers: Endgame' co-director Joe Russo to visit India
Joe Russo will kick off Asia Pacific promotional tour for Avengers: Endgame in India. Avengers: Endgame is scheduled to be released in theaters on April 26, 2019.

Inflation remains tame in February
Food consumed at home rose 0.4 per cent last month, boosted by more expensive dairy products, fresh vegetables, cereals and meat. Gas prices for U.S. drivers were $2.31 a gallon on average in February, up from $2.25 in January, according to the U.S.

Apple rushes to add HBO and Showtime to streaming service
To add fuel to this rumour the invite, sent out by Apple, shows an image of an old-fashioned cinema screen with a countdown clock. Get ready for Apple's iPad lineup to expand once more, with Apple bringing new sizes to its tablet family.

South Africa Thrash Sorry Sri Lanka Despite Udana Heroics
Sri Lanka have lost all eight ODIs under Malinga's captaincy and the veteran was dismissed in nearly embarrassing circumstances. Rixon, the fielding coach, will take charge of the team for the three T20 games between March 19 and 24, Silva said.

Steve Kerr Tries To Brush Off Comment About Draymond Green
Asked on Monday if he had spoken to Green following his reported remarks, Kerr said: "That's private". Kerr appeared to be venting his frustration with his star forward.

YouTuber Olivia Jade caught up in massive Federal Bureau of Investigation college fraud scandal
US Magistrate Steve Kim ordered Loughlin released from federal custody on US$1 million (RM4.08 million) bond following a brief hearing.

Trump budget would slash billions from HUD, grant programs
Because the program is so big, even a small reduction in percent terms can add up to hundreds of billions of dollars over time. Irrespective of what happened earlier, the President said that his new budget plan is a top-priority for 2020 re-election.

Livescore: Latest Champions League result for Barcelona vs Lyon
The topic of the human soul is one that has perplexed humans since the dawn of time. We were able to recover the ball higher, posed problems and reduced the score.

Fox News' Tucker Carlson Calls Iraqis "Semiliterate Primitive Monkeys" in Surfaced Recording
CNN contributor Mary Katherine Ham stepped in to defend Carlson on Tuesday , pointing out that an apology won't satisfy the leftists who ultimately want to see him fired. "Whatever Mr.

Mafia boss shot dead outside home
Cali is the first reputed crime family boss to be shot since the execution of former Gambino head Paul Castellano in 1985. Paramedics transported Cali to Staten Island University North hospital after responding to the home at 9:17 p.m.

U.S., China negotiators talk but no date for trade summit
When the final resolution passed the House, it did not mention Omar by name. All but two of the 42 Jewish members of Congress are Democrats.

First Person On Mars Likely To Be A Woman
The first six women selected to be NASA astronauts: (back row, left to right) Kathryn Sullivan, Shannon W. These are great days.' Bridenstine added: 'The first person on Mars is likely to be a woman.

Google just released the first Android Q beta
If you're more experienced, you can also download the Android system image files from Google here and flash them on yourself. All the multi-camera systems everyone has added to phones will also get a boost with Google's new dynamic depth format.