Editor in Chief: Moh. Reza Huwaida Tuesday, April 25th, 2017

May Calls for Early Election to Strengthen Brexit Hand

May Calls for Early Election to Strengthen Brexit Hand

LONDON - British Prime Minister Theresa May called on Tuesday for an early election on June 8, saying she needed to strengthen her hand in divorce talks with the European Union by shoring up support for her Brexit plan.
Standing outside her Downing Street office, May said she had been reluctant about asking parliament to back her move to bring forward the poll from 2020, but decided it was necessary to try to prevent opposition parties "jeopardising" her work on Brexit.
Some were surprised by her move - she has repeatedly said she does not want to be distracted by time-consuming campaigning - but opinion polls give her a strong lead, the economy is weathering the Brexit vote and she has faced opposition from her own party for some of her domestic reforms.
The pound rose to a two-and-a-half-month high against the U.S. dollar after the announcement, as forex markets bet -- initially at least -- that May would strengthen her parliamentary majority. Britain's main share index fell to its lowest point in more than seven weeks.
"It was with reluctance that I decided the country needs this election, but it is with strong conviction that I say it is necessary to secure the strong and stable leadership the country needs to see us through Brexit and beyond," May said. (Reuters)