U.K.'s May Tries to Buy More Time for Brexit Deal

The transcript discusses the EU's firm stance on not reopening the withdrawal agreement, emphasizing the need for the UK Parliament to adjust its position. It explores the economic implications for the UK, highlighting the risks of a no-deal Brexit and the potential for a customs union. The uncertainty surrounding the negotiations is affecting the UK economy, with investment and growth slowing.

What is Michel Barnier's position on the withdrawal agreement?

• He is undecided about it.

• He refuses to reopen it for renegotiation.

• He is open to renegotiating it.

• He wants to scrap it entirely.

What is the main challenge facing the UK Parliament according to the discussion?

• Negotiating a new trade deal with the US.

• Deciding whether to join the Eurozone.

• Implementing new immigration policies.

• Choosing between a no-deal Brexit and the current deal.

What is Theresa May's strategy in the Brexit negotiations?

• To delay the process and buy time.

• To quickly finalize a deal.

• To focus on immigration issues.

• To negotiate directly with EU citizens.

What is a potential outcome of the Brexit negotiations regarding the customs union?

• A complete exit from the customs union.

• An agreement that includes services.

• A new customs union arrangement.

• A focus on agricultural trade.

How is the ongoing uncertainty affecting the UK economy?

• It is having no impact on the economy.

• It is leading to increased economic growth.

• It is causing a slowdown in growth due to reduced investment and spending.

• It is boosting investment and spending.