Odds of a No-Deal Brexit Still Very Low, Says Peterson Institute’s Kirkegaard

The transcript discusses the challenges facing Theresa May's Brexit deal, highlighting the low probability of it passing in the UK Parliament. It explores the EU's strategic moves to give the British Parliament more time to find an alternative path, while also considering the potential for a no deal Brexit. The discussion shifts to Theresa May's political future, suggesting her time as Prime Minister is limited. Finally, the transcript examines the implications of the UK participating in EU elections, which could lead to a lengthy extension and possibly a second referendum.

What does the speaker suggest might happen if Theresa May's deal fails?

What does the speaker imply about Theresa May's future as Prime Minister?

What are the implications of the UK participating in European elections according to the text?