CSIR CRRI JSA (Paragraph 45)

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British Prime Minister Theresa May has landed herself in a political soup just as her predecessor did. For the second year running, the British Conservative Party has plucked defeat from the jaws of victory. Having won a comfortable election victory, David Cameron called for a referendum on Britain's membership in the European Union (EU) last year and had to resign when the British public voted to leave the union. May replaced him. She called for a national election in April hoping to win a strengthened mandate for her to negotiate with the EU. She had earlier triggered the process for leaving the EU. She ran a lacklustre campaign. In particular, her decision to remove some old-age pension entitlements did not go down well with her party's main vote bank-the elderly. The youth had sided with the agenda of multiculturalism, pro-immigration, pro-welfare and pro-national ownership of infrastructure industries put forward by the Labour Party. On 9 June, when the election results were announced, the Conservative Party found out that it had lost whatever little majority it had in the House of Commons. Now, it is about or eight seats short of the 326 required to form a government of its own. The Labour Party had gained 30 seats to increase its tally to 261 seats. May has staked her claim to form the government as the leader of the single-largest party. But her authority has been weakened considerably. EU leaders were playing hardball with Britain even before the election results. Now, they would be even less inclined to be accommodative. Further, the eurozone has become a region of economic stability, at least superficially. German Chancellor Angela Merkel, for better or worse, has regained her poise and composure after facing some domestic political backlash for her refugee policy in 2016. Although news continues to dribble out of Germany that violent crimes in its small towns and villages has gone up, recent local election results in the country have gone in her favour. Further, the election of Emmanuel Macron as French president has boosted morale in the eurozone. Between them, they appear poised to move towards closer European integration in the years ahead.