A hard Brexit could send the UK into a recession, Blackstone CEO warns

  • 📰 CNBC
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

The U.K. will leave the European Union without a deal if British lawmakers don't back Prime Minister Theresa May's Withdrawal Agreement.

The U.K. could go into a recession if the country ends up leaving the European Union without a deal, Blackstone Chief Executive Steve Schwarzman warned on Saturday.

EU leaders have warned the U.K. that it has one last opportunity to leave the bloc in an orderly way. The EU offered to delay U.K.'s departure until May 22 if British lawmakers support May's deal. If they once again reject the agreement, Britain will leave the EU on April 12 without a deal.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Winning the American Revolution cut the former colonies from their former established markets/supply chains & went through a rough patch in the 1780's. We did OK. The Brits can do OK in the long run. They already have their own currency and that Commonwealth of Nations thingy.

The whole World is heading into recession. Is that all because of Brexit. Stupid comments.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

UK Brexit secretary: Government still wants third Brexit deal voteStephen Barclay says Commons speaker’s ruling raises risk of no Brexit. 👎 Dear Hungary or Italy, the UK would be indebted if during any EU voting you make sure you refuse any delays by the now corrupt 10DowningStreet. Our country is under threat and we have already seen an increase in the PoliceState oppression. brexit Lol. Gov still dont want what voters do
Source: politico - 🏆 381. / 59 Read more »

Global growth is 'unlikely' if China trade and Brexit are not resolved, FedEx CEO saysJim Cramer chats with FedEx CEO Fred Smith about the company's reduction in growth expectations as U.S.-China trade and Brexit linger. Does Powell know ? LOL WHAT A QUACK! He is talking about his company. Global growth of economy will be just fine. I concur so what will April bring us? Deal or no Deal? The world is watching and waiting!
Source: CNBC - 🏆 12. / 72 Read more »

Reuters Top News @ReutersUK PM May gives statement after asking EU for Brexit delay She is fooling nobody, not only herself. brexit maymustgo I think something leave + remain sides can agree on is... Time and time again, Theresa May has proved herself beyond a shadow of a doubt, to be a conniving, corrupt, conceited LiarLiar cunning stunt. Retweet if you agree Is she going to resign?
Source: Reuters - 🏆 2. / 97 Read more »

UK PM May warns of long delay to Brexit unless parliament backs her dealPrime Minister Theresa May's warned lawmakers that unless they approved her... The “free world” is looking a little shaky right now Fake news alert no delay France says NON Maybe they should just scrap it altogether.
Source: Reuters - 🏆 2. / 97 Read more »

UK PM May warns lawmakers: back my deal or face long Brexit delayPrime Minister Theresa May's warned lawmakers that unless they approved her... BrexitShambles May will lose! Brexit is a viciously stupid idea and should never be allowed to progress. Kick May out. Oust her. Remove her from power.
Source: Reuters - 🏆 2. / 97 Read more »

UK parliament 'can't vote on same Brexit deal' - Reuters TVBritish Prime Minister Theresa May suffered a fresh Brexit setback on Monday (March 18) when the speaker of parliament John Bercow said any proposal she puts to lawmakers must be substantially different to the ones previously rejected by them TV Wait i will get a new can. TV It confirms to the world Britain not only lost its empire but also its sanity. If not explain why all this endless crap going for so long with no end in sight? And Church of England asking for divine intervention? God forsaken UK along with Trump's God forsaken U.S? TV Let them go. Britain has now become irrelevant.
Source: Reuters - 🏆 2. / 97 Read more »

Brexit hits ability of UK fintech to lure top talent: reportLeaving the European Union is making it harder for fintech firms in Britain to r... wtf is this headline trying to say
Source: Reuters - 🏆 2. / 97 Read more »

UK reaches post-Brexit trade agreement with Iceland and NorwayBritain on Monday reached an a deal with Iceland and Norway to allow trade to co... There is no post-Brexit for a while! Oh magic! All that ice for the Tories gin and tonics! Fake news, both iceland and norway are part of the common market, their trade deals are negotiated by the EU.
Source: Reuters - 🏆 2. / 97 Read more »

U.K. House Speaker Says No Brexit RevoteThe U.K. government’s attempt to force another vote to approve a Brexit deal was blocked by the speaker of the House of Commons on Monday, increasing the likelihood that the U.K. will have to ask the European Union for a long extension of the Brexit talks. Cannot bring back *the same* (previously rejected) deal...for clarity The Wall Street Journal. Socialist and globalist are so upset. They can’t believe they’re NOT wanted by the people. Just more proof of how prevalent denial is in elite circles. Despite all the yellow vest protest and Brexit in its own right. Talk about misothe obvious!! Hear hear Mr Speaker
Source: WSJ - 🏆 98. / 63 Read more »

UK speaker stymies May's bid for 3rd vote on Brexit dealSpeaker of Britain's House of Commons deals potentially fatal blow to Prime Minister Theresa May's Brexit deal, saying the government can't keep asking lawmakers to vote on the same deal they have already rejected twice. he's rapidly becoming my favorite guy ever AN UNEXPECTED COMPLICATION OCCURRED please restart the whole goddamn system ... same thing over and over again, expecting a different result each time.
Source: AP - 🏆 728. / 51 Read more »