Brexit: MPs to hold second vote on early election

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The government is to ask MPs to agree to a snap election for a second time, in what could be one of Parliament's last acts before being suspended.

No 10 has billed Monday's vote as Labour's "last chance" to secure an early general election.

But the government is expected to be defeated, with opposition parties wanting their law aimed at avoiding no-deal to be implemented first ...

https://www.bbc.com/news/uk-politics-49630094

[struggle4progress]

1. No-deal Brexit will spark rural recession

Kevin Doyle and Shawn Pogatchnik
September 9 2019 7:06 AM

Parts of rural Ireland will be plunged into recession by a no-deal Brexit, but urban areas will continue to grow.

As Taoiseach Leo Varadkar prepares for a showdown with Boris Johnson today, a new study predicts the fallout from Brexit will be “brutal” for some communities ...

https://www.independent.ie/business/farming/news/farming-news/nodeal-brexit-to-spark-rural-recession-as-cities-prosper-38479729.html

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2. British investments in Netherlands soar four-fold

AMSTERDAM (Reuters) - British investments in the Netherlands soared more than four-fold to 80 billion euros (72 billion pounds) since the referendum to leave the European Union in 2016, the Dutch statistics office said on Monday.

In the same period, Dutch investments in Britain reversed from 50 billion euros to negative 11 billion euros last year as uncertainty over Brexit led to capital outflows.

Last year’s inflows made Britain the single largest foreign investor in the Netherlands in 2018, up from just 14 billion euros in 2014, Statistics Netherlands said ...

https://uk.reuters.com/article/uk-britain-eu-netherlands-investments/british-investments-in-netherlands-soar-four-fold-ahead-of-brexit-idUKKCN1VU0F1

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3. Ireland's bonds seen increasingly risky

Investors in Ireland’s bonds are sitting on double-digit returns this year after a global debt rally and now they are starting to get nervous.

Fears of a bubble in bond markets have been growing on doubts over the extent of future monetary easing. In Ireland’s case, the UK’s political turmoil is an added hurdle as the neighboring economies are intertwined and a crash exit from the European Union could spark worries over credit risks.

So far Irish debt has been relatively immune to Brexit, which has sent the pound and Irish stocks slumping. Now that new British Prime Minister Boris Johnson is seeking an election to force through Brexit, some investors in the bonds are jumping ship.

“We generally see very little hard-Brexit risks priced into Irish government bonds, which is a part of the market that could come under increasing pressure if we head towards a no-deal Brexit,” said Mohammed Kazmi, a portfolio manager at Union Bancaire Privee SA, which has lowered its exposure to Ireland and replaced it with Spain ...

https://www.irishtimes.com/business/economy/ireland-s-bonds-seen-increasingly-risky-as-brexit-nears-end-1.4012176

[RandySF]

4. Labour doesn't want an election right now.

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5. Boris wants to force a hard Brexit by running out the clock.

The opposing idea, I think, is first to signal the EU that the UK doesn't want a no-deal exit. The EU isn't excited about this constant chaos. But once the the signal is sent clearly, the opposition can call an election, after which there might be some hope the EU will give the UK a bit of breathing room. Of course, the best outcome would be a second referendum on Brexit, with a different result than from the first, because there won't ever be much wiggle in re-negotiating an exit

[a la izquierda]

6. It'll be interesting to see the news here in Germany tonight.

Not that my German is good enough to completely follow along, but I can try.