Daily Memo: Brexit Drama, Chinese Threats, US-India Business

All the news worth knowing today.

GPF Staff |January 16, 2019

No exit from the Brexit drama. British Prime Minister Theresa May’s Brexit deal crashed and burned in the House of Commons, as expected. May will now face a no-confidence vote in which she is widely expected to prevail. (The results should be known in the early afternoon in North America.) In other words, nothing much has changed, except perhaps that May intends next to engage directly with senior lawmakers in the Labour Party – but not the party’s leader – to reach a consensus on a way forward. Her efforts, if fruitful, could lead only to a closer future relationship with the EU, a so-called softer Brexit. The likeliest outcome at this point appears to be delaying Brexit day by extending Article 50, since that’s the only option that would allow all sides to keep avoiding the difficult decisions necessary to reach a deal.

The Pentagon wants you to take Chinese threats seriously. The U.S. Defense Department released a pair of reports Tuesday outlining all the tools – from

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