Skip to main content

Goldman Sachs ups 'no-deal' likelihood after UK parliament amendment vote

Goldman Sachs ups 'no-deal' likelihood after UK parliament amendment voteGoldman Sachs nudged up its estimated probability of a "no-deal" Brexit on Wednesday after British lawmakers instructed Prime Minister Theresa May to reopen a Brexit treaty with the European Union to replace a controversial Irish border arrangement. Britain's parliament rejected a proposal to give parliament a path to prevent a potentially chaotic "no-deal" exit, but accepted two amendments - one seeking to replace the Irish backstop with alternative arrangements, and another rejecting the notion of a "no-deal" Brexit. Goldman Sachs analysts upped their "no-deal" Brexit probability to 15 percent from 10 percent, and cut their probability of Brexit not happening at all to 35 percent from 40 percent.




from Yahoo News - Latest News & Headlines https://yhoo.it/2RUKhpG
via IFTTT

Labels:

Comments

Post a Comment

Popular posts from this blog

Iraqi militia vows to back Hizbullah

BEIRUT: The head of the powerful Iraqi militia Harakat al-Nujaba pledged on Tuesday to stand alongside its Lebanese ally Hizbullah if a new war breaks out with Israel. Harakat al-Nujaba and Hizbullah have fought side-by-side to bolster Syrian government troops since 2013, most prominently against the Islamic State group in eastern Syria. On Tuesday, the movement’s secretary general Akram al-Kaabi visited the tomb of top Hizbullah commander Imad Mughniyeh to commemorate the 10 years since his death. "We in the Iraqi resistance stand with Hizbullah, and we will stand with Hizbullah in any Israeli attack or action against it," Kaabi said. He pledged to fight "with Hizbullah in a single row, on a single front, just as we stood with them on a single front in Iraq or Syria." Kaabi spoke in Beirut’s southern suburbs, where Hizbullah has a strong support base. Both Harakat al-Nujaba and Hizbullah are backed by Iran. They fought alongside Syrian government troops and othe...
Post a Comment
Read more