from Zero Hedge
Prime Minister Boris Johnson has pressed ahead with his Intermarket Bill, calling Brussels’ bluff about its threats to sue London over what many have described as a unilateral violation of an international treaty.
As Brussels presses ahead with a drawn-out and tedious legal action – which will ultimately come to nothing since a decision might not arrive until after the transition period ends Dec. 31 – allowed per the resolution mechanisms hashed out in the withdrawal agreement, Johnon is once again drawing a line in the sand, upping the pressure by declaring Oct. 15 – ie a week from Thursday – as the UK’s deadline for a deal. Otherwise, it will walk away.