19 Ocak 2017 Perşembe Breaking News             Latest US News            New York

UPMC inks deal with Robert Morris
British Prime Minister Theresa May set a date for the Great Britain’s divorce from the European Union, telling an audience at a conservative conference on Sunday, “We will invoke Article 50 no later than the end of March next year.”Referencing the article...

British PM Follows Through On Brexit

British Prime Minister Theresa May set a date for the Great Britain’s divorce from the European Union, telling an audience at a conservative conference on Sunday, “We will invoke Article 50 no later than the end of March next year.”Referencing the article...

British PM Follows Through On Brexit

British Prime Minister Theresa May set a date for the Great Britain’s divorce from the European Union, telling an audience at a conservative conference on Sunday, “We will invoke Article 50 no later than the end of March next year.”

Referencing the article of the EU’s Lisbon Treaty allowing member states to withdraw from the bloc, the former interior minister used the conference to calm fears that she might delay the so-called “Brexit.” The rumors stemmed from a Sunday Times report that cited anonymous sources briefed by “ministers” as saying the two-year negotiation process would not start until 2019.

May also announced plans to repeal the European Communities Act, a United Kingdom law that incorporated European Union legislation into the domestic legislation of the U.K. and gave the country access to the EU’s common market.

“Our laws will be made not in Brussels but in Westminster,” she told the audience. “The judges interpreting those laws will sit not in Luxembourg but in courts in this country. The authority of EU law in Britain will end.”

Acknowledging the “trade-off” between limiting British businesses’ access to the European market and slowing immigration to a trickle, May said she wished for the U.K.’s future relationship with the EU to include law enforcement and counterterrorism cooperation and free trade. She did not, however, give the specifics of how a deal would allow Britain to have its cake and eat it, too, only promising that “this is going to be a deal that works for Britain.”

The value of the pound plunged between Sunday and Monday afternoon, from $1.2975 to $1.2852, the British currency’s lowest dollar exchange rate since 1986. Over the same period, its euro exchange rate fell from €1.1544 to €1.1440, a level not seen since August 2013.

In a June referendum, 51.9 percent of U.K. voters chose to leave the EU, while 48.1 percent voted in favor of remaining in the bloc.

 

Our editors found this article on this site using Google and regenerated it for our readers.

Breaking News Headlines

Vintage photos of bars and taverns in N.J.
Vintage photos of bars and taverns in N.J.
Russia Hacking Scandal: Programmer Stanislav Lisov Detained In Spain At FBI’s Request, Russian Media Says
Russia Hacking Scandal: Programmer Stanislav Lisov Detained In Spain At FBI’s Request, Russian Media Says
Italy Avalanche: Dozens Missing After Earthquake Triggers Avalanche At Spa Hotel
Italy Avalanche: Dozens Missing After Earthquake Triggers Avalanche At Spa Hotel
How To Be Rich Under President Trump: For Young Investors, It’s Time To Make Money
How To Be Rich Under President Trump: For Young Investors, It’s Time To Make Money
Austra steps into a perceived troubling future with new album, tour | Toronto Star
Austra steps into a perceived troubling future with new album, tour | Toronto Star
Hawaii bill aims for 100 percent renewable transportation
Hawaii bill aims for 100 percent renewable transportation
Tehran High-Rise Collapse Live Updates: Iconic Plasco Building Catches Fire, Dozens Killed
Tehran High-Rise Collapse Live Updates: Iconic Plasco Building Catches Fire, Dozens Killed
‘Scandal’ Season 6 Spoilers: Episode 2 Photos Tease Mellie, Marcus’ Heated Reunion In ‘Hardball’
‘Scandal’ Season 6 Spoilers: Episode 2 Photos Tease Mellie, Marcus’ Heated Reunion In ‘Hardball’
'American Crime Story' To Adapt Monica Lewinsky-Bill Clinton Sex Scandal For Fourth Season?
'American Crime Story' To Adapt Monica Lewinsky-Bill Clinton Sex Scandal For Fourth Season?
Trump Inauguration Day Speech: Twitter Trolls President-Elect's Photo Of Him Writing Speech
Trump Inauguration Day Speech: Twitter Trolls President-Elect's Photo Of Him Writing Speech
Who Is Sonny Perdue? Donald Trump Expected To Name Former Georgia Governor As Agriculture Secretary For His Cabinet
Who Is Sonny Perdue? Donald Trump Expected To Name Former Georgia Governor As Agriculture Secretary For His Cabinet
India Bus Accident 2017: Over Dozen Children In Uttar Pradesh Killed In Road Accident
India Bus Accident 2017: Over Dozen Children In Uttar Pradesh Killed In Road Accident
NEWS ARCHIVES