ZV | ET Student
When I left for England term ‘17, I hadn’t the slightest idea who Theresa May was. Nor did I understand what the European Union, Brexit, or a referendum was. However, shortly upon arriving, I noticed these political terms all over the media. The political status of the United Kingdom reminded me of the current subjective issues with the United States and our political leaders. It seems that no matter where you are in the world, political differences are subject to critical tensions.
Since 2016, Theresa May has been the Prime Minister of of the United Kingdom and leader of the conservative party. She is only the second woman to hold both positions, behind Margaret Thatcher. May won an unchallenged 2016 election following former UK Prime Minister, David Cameron’s withdrawal. Cameron’s resignation was due to the European Union’s referendum, in which 52% voted for Brexit. Brexit is the term for probable or theoretical agreement of the UK to leave the European Union.
Early in the election, May was in favor of keeping the UK in the European Union due to economic and trade benefit. Regardless, May accentuated the need for agreement and harmony within the party by supporting the result of the referendum. Presently, May is set on enforcing the decision to leave the European Union, saying “Brexit means Brexit, and we will make success of it.”
Recently, May delivered a speech in Florence, Italy, in which she stated trade with the European Union should continue as is for two years following the UK’s departure. The future challenges for the UK in leaving the European Union is the ability to sustain the economy, trade, and security. However, May has very much accepted the challenges of Brexit.
Since the referendum, the UK has experienced an economic decline. For example, the pound has dropped 10% lower against the dollar, and 15% against the Euro. The UK also started experiencing a rise in inflation and a decrease in the standard of living. The UK hopes to negotiate a deal for leaving that is more beneficial than these early indicators reveal.
The UK and European Union Brexit negotiations have begun, and they will continually meet face-to-face for one week each month. They will arbitrate the rights of UK and European Union citizens following Brexit, and they also hope to reach a figure amount for the UK to compensate for leaving. The UK is set to leave the European Union by April 2019, however, the negotiations are supposed to be set by the end of the month.