Uncertainty and Decision

time: The decision gave more time for discussions between the political parties and for companies to prepare for all options, Lagarde said, according to The Guardian. On the other hand, it is obvious it is continued uncertainty. Christine Lagarde, the IMF's managing director, said that while she welcomed the fact that Britain would not leave the EU without a deal on Friday, nothing had been resolved. And it does not resolve, other than by postponing what would have been a terrible outcome. UK business leaders have warned the government against wasting the Brexit extension, sounding the alarm that another deadlock in six months' time would inflict renewed damage on the UK economy. The IMF said earlier this week that leaving the EU without a deal risked pushing the UK into a two-year recession. (news.financializer.com). As reported in the news.