French president’s insistence that UK should give way raises chances of talks imploding
www.theguardian.com
I think it is time to sell my stocks over the next week and use that money to pay of my mortgage a bit early.
We are heading straight to a no deal Brexit IMHO.
Why so?
All the commentary on legal Twitter from constitutional lawyers suggests that the Benn Act, which requires the PM to ask for an extension if Parliament has not approved a deal by October 19 nor agreed to leave without a deal, is watertight and that, as a result of assurances already given to the courts, Johnson will find himself in contempt of court if he doesn't comply.
Furthermore, it's quite possible, depending on how a case goes tomorrow in Scotland (and possibly in the Supreme Court shortly after that), a senior member of the Scottish judiciary will be given legal authority to send the A50 request on Johnson's behalf if he refuses to comply.
There's no particular reason I can see for the EU 27 to throw the Republic of Ireland under a bus and play havoc with the economies of most of the EU's members in the west of Europe by refusing an extension, since the extension will shortly be followed by a General Election which everyone hopes will produce a Parliament able to agree on something, and I really can't see France vetoing it simply because President Macron is impatient and frustrated with the UK.
Nor do I place much credence in rumours that Poland or Hungary might be persuaded to veto it -- I don't see they would want to act other than in concert with the rest of the Visegrad Group or that they would want to upset their neighbours in Germany and Austria by blocking an extension.