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Power vacuum points to no-deal Brexit, The retreat of globalisation

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Commentary: Power vacuum points to no-deal Brexit

Theresa May

By Joergen Oerstroem Moeller in Singapore

With her back to the wall, Theresa May seems to have forged a strategy to achieve her goals, however lofty or improbable they seem. If the opposition parties in parliament and those Conservatives who voted against her in Wednesday’s leadership challenge stand firm against May, the prime minister’s deal with Europe will fail. A power vacuum seems likely to arise in London. Unless May miraculously reimposes her will over the Conservative party and convinces parliament of the value of her deal, Britain will drift towards a no-deal Brexit.

Read the full commentary on the website.

Podcast: The retreat of globalisation

Political risk series: ‘The retreat of globalisation’. Rein de Loor, programmes manager at OMFIF, is joined by Gervais Williams, senior executive director at Miton Group and author of the book The Retreat of Globalisation.

They discuss geopolitical developments affecting globalisation, changing narratives on global economics and the outlook for globalism in the 21st century.

Listen to the recording, or search for OMFIF on your smartphone’s podcast.

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