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A second Brexit referendum is coming, and Theresa May fights desperately for a new deal

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In one of the more dramatic weeks for British politics, we saw the loss of British Prime Minister Theresa May after the vote on its terms of the agreement. As a result, we witnessed the further survival of the government after the vote of no confidence. Now the calls are for a second Brexit referendum.

Political leaders from the Scottish National Party, the Wales Plaid Cymru, the Green Party and the Liberal Democrats call on their opposition counterparts - the Labor Party - to join them to convene a second Brexit referendum.

Shortly after losing on Wednesday, May invited the other parties to join in trying to find a new approach to the Brexit problem. The Labor Party said they would accept the invitation only if the no-deal scenario was rejected.

Nicola Sturgeon, Scotland's Prime Minister and SNP leader, also opposed the no-deal scenario and urged Theresa May to consider convening a second referendum.

Influential leaders from business, industry, commerce, media, telecommunications and others are also calling for a second referendum. In a letter to the Times, 130 executives wrote: "The business supports Brexit's May plan, although we are clearly aware that it is far from perfect, but there are no options left, we call on all party politicians to get involved in creating a new, second Brexit referendum ". - a sample of the letter.

The most feasible way is to ask the people if they want to leave the European Union. By approaching the deadline before Britain comes out, politicians should not waste more time in disputes and fantasies.

Pro-Brexit groups, however, argue that holding another referendum will be against democracy, and that instead the government should work towards meeting the 2016 referendum wishes. Theresa May also does not accept the idea of ​​a new vote.

March 29 is approaching swiftly, and the government has to come up with plan B by Monday, but EU leaders are unlikely to make any changes to the agreement originally proposed in May. Given this, the outlook for no-deal Brexit, no Brexit at all, a second referendum or an extension date seems completely possible.

The exit from the EU on March 29 without a deal, without a 21-month transition period, without any trade relationship, would be potentially the worst option for the UK.

Source: CNBC

Photo: Pixabay


 Trader Martin Nikolov
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