Theresa May has announced that she will resign as Prime Minister.
The United Kingdom will either leave the EU with a transition deal, leave without a deal, or not leave at all.
Boris Johnson wants a harder EU divorce than May was proposing.
The EU has repeatedly said it will not rework the Withdrawal Treaty. The UK and the EU will have a confrontation before the scheduled departure date of Oct. 31.
U.S. bank JPMorgan has raised its probability of a no-deal Brexit to 25%. They think the most likely scenario is Boris Johnson will become prime minister and then there will be a parliamentary election. They believe there is a 60% chance the departure date is delayed from Oct 31.
BNP Paribas sees a 40% probability of a no-deal Brexit.
Britain’s next national election is not due until 2022. An early election would be triggered if two-thirds of parliament’s 650 lawmakers vote in favor or a motion of no confidence in the government is passed by a simple majority of lawmakers and no party succeeds in winning the confidence of the House of Commons within 14 days.
Brian Wang is a prolific business-oriented writer of emerging and disruptive technologies. He is known for insightful articles that combine business and technical analysis that catches the attention of the general public and is also useful for those in the industries. He is the sole author and writer of nextbigfuture.com, the top online science blog. He is also involved in angel investing and raising funds for breakthrough technology startup companies.
He gave the recent keynote presentation at Monte Jade event with a talk entitled the Future for You. He gave an annual update on molecular nanotechnology at Singularity University on nanotechnology, gave a TEDX talk on energy, and advises USC ASTE 527 (advanced space projects program). He has been interviewed for radio, professional organizations. podcasts and corporate events. He was recently interviewed by the radio program Steel on Steel on satellites and high altitude balloons that will track all movement in many parts of the USA.
He fundraises for various high impact technology companies and has worked in computer technology, insurance, healthcare and with corporate finance.
He has substantial familiarity with a broad range of breakthrough technologies like age reversal and antiaging, quantum computers, artificial intelligence, ocean tech, agtech, nuclear fission, advanced nuclear fission, space propulsion, satellites, imaging, molecular nanotechnology, biotechnology, medicine, blockchain, crypto and many other areas.