The chances of Britain crashing out of the European Union have increased following the sudden resignation of its representative in Brussels, a career diplomat with in-depth knowledge of the political bloc.
The departure of Ivan Rogers presents Prime Minister Theresa May with a dramatic new complication ahead of the start of Brexit negotiations early this year.
Rogers, who has served as Britain’s ambassador to the EU since 2013, appeared to be frustrated by the government’s approach to exit talks. In a farewell note published by British media, Rogers encouraged his staff to continue to challenge “ill-founded arguments and muddled thinking.”
He also said they should “never be afraid to speak the truth to those in power.”
via CNN
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.