The Intelligence from The Economist The never-ending saga: Brexit delayed
Mar 22, 2019
Jeremy Cliff, an Economist reporter based in Brussels, shares insights on the latest Brexit developments while Miranda Johnson, the Southeast Asia correspondent, dives into Thailand's political landscape. They discuss the challenges Theresa May faces with Brexit timings and the implications of a potential no-deal exit. Meanwhile, they explore Thailand's upcoming elections amid military influence and intriguing news on aging whiskey faster using dance music—combining innovation with tradition in the distillation process.
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Brexit Humiliation
- Theresa May pleaded with European leaders for a Brexit extension, but they made her leave the room.
- The remaining 27 leaders then discussed the UK's fate, highlighting the loss of control Brexit brought.
EU's Despair and Magnanimity
- EU leaders felt despair at May's evasiveness and inflexibility regarding Brexit.
- This led to a magnanimous decision to offer Britain more time, potentially even until next year.
European Elections Impact
- The upcoming European elections influenced the Brexit timeline.
- If the UK stays in the EU past the election date, it creates legal uncertainty, a concern for leaders like Macron.