Harvard fellow parses the chaos of the Brexit deal

Wednesday, April 3, 2019 - 17:40 in Mathematics & Economics

Though the British referendum on leaving the European Union took place in June 2016, three years later, with Brexit’s drop-dead date just a week away, the country appears no closer to figuring out how or when a plan will be executed. On Tuesday, Prime Minister Theresa May hastily announced she would seek an extension of the April 12 deadline set by EU officials in hopes of brokering a new deal with Labour Party leader Jeremy Corbyn to put before Parliament that would garner majority support. It’s a Hail Mary play, some analysts say. May’s three previous proposals were overwhelmingly defeated in recent weeks and a series of votes earlier this week in Parliament on other options — including whether to hold a second referendum — yielded no clear majority. If the government cannot get a deal in place, and the EU doesn’t grant an extension, the U.K. faces the economically and...

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