• Suspension of parliament is an annual occurrence - UK minister

Market news

29 August 2019

Suspension of parliament is an annual occurrence - UK minister

Britain’s defense secretary Ben Wallace said that the suspension of parliament is an annual occurrence, as he arrived in Helsinki for talks with his European Union counterparts.

“It happens every year,” Wallace told reporters when asked about the government’s controversial move on Wednesday to prorogue parliament. The move has sparked outrage among opposition lawmakers and many others in Britain, and led to a sharp weakening in sterling as it was seen as increasing the risk of a no-deal Brexit.

EU’s foreign and defense ministers are meeting to discuss a raft of issues from hybrid threats to climate risks to security to tensions in the Middle East. 

Austria’s defense minister was asked if Brexit would weigh on EU defense capabilities. “Of course there will be consequences but it (Brexit) has also driven a dynamic to make the EU more self-reliant in this area,” Thomas Starlinger told.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.