Pound May Fall to $1.20 in Worst Case, Saxo Bank's Jakobsen Says

Pound May Fall to $1.20 in Worst Case, Saxo Bank's Jakobsen Says

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Business, Social Studies

University

Hard

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The transcript discusses the Brexit deal, potential resignations, and the economic impact on the UK. It highlights the political challenges faced by leaders like Theresa May and Jeremy Corbyn. The discussion also covers the movement of businesses from London to Amsterdam and the potential devaluation of sterling due to economic uncertainties.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of the current political situation on businesses in the UK?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways does the speaker believe the current situation affects the clarity of political decisions?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker perceive the effectiveness of politicians in handling Brexit negotiations?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker suggest about the future of the UK economy in relation to the currency?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential consequences of a no-deal Brexit as discussed by the speaker?

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