The U.K. will hold an emergency election in six weeks’ time






The U.K. will hold an emergency election in six weeks’ time, in a critical poll that will shape the country’s destiny for decades to come. Prime Minister Boris Johnson won backing in Parliament to trigger the snap vote in an attempt to resolve the Brexit crisis that has paralyzed the country’s politics, weighed on its economy and left its citizens angry and divided. (Bloomberg)

The Federal Reserve’s actions over the past six weeks have quelled turbulence in funding markets, but as policymakers gather in Washington it’s still not clear what their long-term plans are for stepping into this vital corner of the financial system. (Bloomberg)

Johnson eventually won the necessary backing in Parliament for the vote in an attempt to resolve the Brexit crisis that has paralyzed the country’s politics, weighed on its economy, and left its citizens angry and divided. The vote on Dec. 12 will be the third time the U.K. has gone to the polls to choose a new government in four-and-a-half years. (Bloomberg)

 

Source:
Danareksa Sekuritas Debt Research