Pound Would Rise on Corbyn-Led Labour-LibDem Coalition: RBC

Pound Would Rise on Corbyn-Led Labour-LibDem Coalition: RBC

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the impact of political events on the British pound, focusing on the ruling by Scottish judges that prorogation is unlawful and its potential effects on currency markets. It examines the political dynamics surrounding Boris Johnson's attempts to call an early election and the opposition's strategy. The discussion also covers market reactions to a possible conservative majority and the implications for Brexit, including scenarios of a hard Brexit or a softer version under a Corbin minority government with the Lib Dems.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges did Johnson face in trying to get an early election?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What scenario is considered positive for the pound according to the speaker?

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