PM May Gets a Irish BREXIT Boost

PM May Gets a Irish BREXIT Boost

FLASH: UK Prime Minister Theresa May’s hopes of getting a BREXIT deal through Parliament were given a boost Saturday after a report that the Northern Irish party propping up her government might move toward backing her deal.

The Democratic Unionist Party (DUP), which has 10 lawmakers in Parliament, is close to changing its position for the 1st time after receiving a promise that the government would put into law a requirement that there be no divergence between Northern Ireland and Britain.

A cabinet minister involved in the talks with the DUP told the press the chances of the party backing the government’s deal were around 60%.

After 2.5 years of negotiations with the EU, the final outcome is still uncertain with options including a long delay, exiting with Mrs, May’s deal, a disorderly exit without a deal or even another referendum.

After 3 dramatic days in Parliament this week, lawmakers voted on Thursday to have the government ask the EU for a delay beyond the date Britain is scheduled to leave on 29 March.

Mrs. May says she wants to minimize any delay in leaving the EU to just 3 months, but to achieve that she will need Parliament to back her deal at the 3rd time of asking early next week, possibly Tuesday.

She needs 75 lawmakers to change their vote. If she can swing the DUP behind her, along with several dozen hardliners in her own party, she will be getting close to the numbers she needs.

Stay tuned…

Have a terrific weekend.

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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