All About BREXIT

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All About BREXIT

Image by Tumisu from Pixabay

Image by Tumisu from Pixabay

Image by Tumisu from Pixabay

Liliana Owen, Journalist

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BREXIT is the British exit from the European Union i (EU) that will hopefully happen on October 31. The EU is an alliance between twenty-eight member nations in Europe who are governed by the same laws, regulations, and trade agreements with each other ii. No other nation has left the European Union before iii.

On June 23, 2016, there was a public vote to decide if the United Kingdom should stay or leave the European Union. With a voter turnout of 72% (over thirty million voters), 52% voted for BREXIT iv. Theresa May, then Prime Minister, said she would work for it. She did not agree with it however v, vi, vii, nor did Parliament or the EU, and little progress has been made viii. Eventually, she resigned because of it ix.

After she resigned, Boris Johnson became the next Prime Minister x. He said, “After three years and two missed deadlines, we must leave the EU on October 31st”xi. Parliament still does not want BREXIT, but Johnson found a way to work around this. He went to Queen Elizabeth II and asked her to suspend Parliament (which is a monarch’s legal right). She agreed, and Parliament will be suspended from September 9 xii from until October 14 xiii. This makes it so that Parliament cannot get in the way of BREXIT until it is probably too late for them to do anything about it.

A lot of people think that leaving the European Union without an exit agreement in place—commonly referred to as a no-deal BREXIT— is going to be really harmful xiv. However, Johnson tweeted that a no-deal BREXIT would save the United Kingdom from a steep exit penalty of $68B xv that the United Kingdom would have to pay in order to leave xvi.

Many Brits are worried about leaving the European Union because of issues such as causing an economic recession, immigration complications, a break-up of the United Kingdom, and losing 50+ trade deals with the EU xvii. However, the United Kingdom would no longer have to contribute to the EU budget, and they would have greater control over their affairs and immigration xviii. There is a possibility that trade with the EU would not be affected xix, and the United Kingdom is preparing to strike three major trade deals soon after leaving the EU: one with the USA xx; one with Mexico, and one with South Korea xxi. Trade deals could be better after BREXIT, because then the United Kingdom wouldn’t have to adhere to EU regulations.

People all around the world will be watching to see what happens next. Will Johnson succeed and make BREXIT happen on or before October 31? Will Parliament stop him? Will BREXIT fall though? Will the United Kingdom have a no-deal BREXIT? I guess we will have to wait and see.

 

Sources

i https://www.dummies.com/education/politics-government/what-is-brexit/

ii https://en.wikipedia.org/wiki/European_Union

iii https://en.wikipedia.org/wiki/European_Union

iv https://www.bbc.com/news/uk-politics-32810887

v Bennett, Asa (25 April 2016). “Theresa May wants you to stay in the EU. Has she blown her chances of ever being Tory leader?”. The Daily Telegraph. London. Archived from the original on 9 July 2016. Retrieved 10 July 2016.

vi Exclusive: what Theresa May really thinks about Brexit shown in leaked recording Archived 26 October 2016 at the Wayback Machine The Guardian

vii Exclusive: what Theresa May really thinks about Brexit shown in leaked recording Archived 26 October 2016 at the Wayback Machine The Guardian

viii https://www.independent.co.uk/news/uk/politics/brexit-talks-latest-no-progress-negotiations-eu-uk-european-uniontheresa-may-a8351411.html

ix https://en.wikipedia.org/wiki/Theresa_May#Resignation

x https://en.wikipedia.org/wiki/Boris_Johnson

xi https://en.wikipedia.org/wiki/Boris_Johnson  Section 4.4, paragraph 2.

xii https://www.the-star.co.ke/news/world/2019-08-28-british-parliament-to-be-suspended-in-september/

xiii “Full text: Boris Johnson launches his Tory leadership campaign”. 12 June 2019

xiv https://news.cgtn.com/news/2019-08-07/No-deal-Brexit-Do-or-die–IY7ytzItuo/index.html

xv https://twitter.com/StandUp4Brexit/status/1165598173878005761?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1165598173878005761&ref_url=https%3A%2F%2Fwww.rt.com%2Fuk%2F467266-johnson-wontpay-brexit-bill%2F

xvi https://www.providencejournal.com/news/20170324/britain-could-face-62b-penalty-for-leaving-european-union

xvii https://infacts.org/uk-stay-eu-500-words/

xviii https://www.theweek.co.uk/brexit-0

xix https://fortune.com/2016/06/22/brexit-referendum-eu-david-cameron/

xx https://metro.co.uk/2019/08/25/boris-johnson-meets-donald-trump-g7-summit-10627146/

xxi https://www.thesun.co.uk/news/2731105/britain-set-to-sign-three-major-trade-deals-after-leaving-the-eu-report-reveals/

 

CORRECTION: David Cameron assumed office as Prime Minister of the United Kingdom on May 11, 2010 and resigned on July, 13 2016. Theresa May succceeded David Cameron and assumed office on July 13, 2016 and served until July 24, 2019. David Cameron was Prime Minister of the United Kingdom during the public vote to decide if the United Kingdom should stay or leave the European Union on June 23, 2016.

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