The UK is once again in chaos. And a new sword of Damocles weighs on the government

Fire week in UK: the increase in infections and the return of the R factor above 1 was accompanied by the Prime Minister’s decision Boris johnson break with the preliminary Brexit agreements signed with the European Union in relation to the Irish border. As a result, the pound collapsed, losing 4 percent against the dollar and nearly 10 percent against the euro since the beginning of the year. Much money for speculators.

The UK is once again in chaos. The territorial blockades in the Midlands echo the new laws of interaction between individuals limited from next Monday to a maximum of six people. The population fears the worst and there are already those who have started buying new freezers to fill them with food products from the European Union also in view of new locks. Will we go back to the dark times of the seventies, many ask?

But then the eating habits were different, only the rich drank wine and followed the Mediterranean diet. Today the supermarkets are the copy of the French, Germans and Italians and it will not be easy to eat again according to the Anglo-Saxon diet and do without buffalo mozzarella. Of course the problem is much more serious, Johnson risks striking legal ground with the European trading giant, in fact he risks breaking a international treaty with disastrous consequences not only for the UK but for the entire world of non-rebel nations.

One wonders why months ago the government signed an agreement that it could not fulfill, that went against another, much more visceral and fundamental for this nation, is the Good Friday Agreement, stipulated to end decades and decades of social tension and political violence. The crux of the matter is the border between Northern Ireland, an entire part of the UK and the Republic of Ireland. This border, according to the agreement, must stay open, as if the island were in effect a single state.

As long as the two nations were part of the European Union, the problem did not arise but at the end of December, when London abandons the European supranational construction, the Irish border will become an external border of the European Union and the United Kingdom. IT IS Brussels it demands customs controls and the movements of the inhabitants of the two nations. Johnson is lying? Now everything is possible, in the traumatic year that we are living, nothing makes sense anymore and, therefore, this interpretation is also plausible.

There are those who are convinced that the tug of war is yet another test of strength between the two contenders and that the Prime Minister of Her Majesty’s Kingdom is trying to renegotiate. separation agreements. But it is also possible that in the chaos in which all nations find themselves due to Covid, Johnson has decided to take the most dangerous path, that of hard Brexit, thus leaving the Union without an agreement. In the event of a new lockdown due to the resumption of the virus and in a state of emergency, it will be easy for your government to pass a decision that no one in the UK expects.

To nail it more than the threats from Brussels, the revolt of its deputies and even the disapproval of the population could be the markets. The drop in the pound this week heralds violent speculation on the downside, in the City, now deserted due to smart work, there is talk of a change to 1.02 with the euro and 1.20 with the dollar.

On the fateful night of Brexit, the currency fell to 1.17 with the dollar. However, it is also true that one torn pound would make the prices of the imported products making them less attractive to the population. For now, a new sword of Damocles weighs on the government, the review of the decisions taken for October 15, but in a month anything can happen, it is now clear that this is an unpredictable year for everyone and everything.

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