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#BrexitDeal Impacted the Worldwide Markets, Pound Surges

BrexitDeal impacted the worldwide markets today and top trend on twitter is worldwide

#BrexitDeal with 24.2K Tweets, Pound surges as it’s revealed a Brexit deal is done; WHSmith snaps up travel retail rival; Domino’s to pull out of international markets. Sterling surged strongly against the US dollar and euro, but optimism is being tempered by the DUP’s refusal to back the agreement – setting the stage for a knife-edge vote in the House of Commons on Saturday.

The European Commission has today (17 October) recommended the European Council (Article 50) to endorse the agreement reached at negotiator level on the Withdrawal Agreement, including a revised Protocol on Ireland / Northern Ireland, and approve a revised Political Declaration on the framework of the future EU-UK relationship. The Commission also recommends that the European Parliament give its consent to this agreement. This follows a series of intensive negotiations between the European Commission and UK negotiators over the past few days.

 

Jean-Claude Juncker, President of the European Commission, said:

 

    “This agreement is a fair compromise between the EU and the UK. It is testament to the commitment and willingness of both sides to do what is best for EU and UK citizens. We now have a newly agreed Protocol that protects peace and stability on the island of Ireland and fully protects our Single Market. I hope that we can now bring this over the line and provide the certainty our citizens and businesses so deserve.”

 

Michel Barnier, the European Commission’s Chief Negotiator, said:

 

     “We had difficult discussions over the past days. We have managed to find solutions that fully respect the integrity of the Single Market. We created a new and legally operative solution to avoid a hard border, and protect peace and stability on the island of Ireland. It is a solution that works for the EU, for the UK and for people and businesses in Northern Ireland.”

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