10 things you need to know today: May 25, 2019

British Prime Minister Theresa May announced her resignation as Conservative Party leader on Friday morning, effective June 7. She will stay on as prime minister until her party chooses a new leader. May said that she was sorry she was unable, after three attempts and nearly three years in office, to get her Brexit plan through Parliament. It will be up to the next prime minister to solve Brexit, May said. After May’s departure, analysts say her successor will face increasing pressure to break from the EU with no clear trade deal in place, which would have a remarkable effect on Britain’s economy. The frontrunner to take over for May, Boris Johnson, has voiced support for pushing ahead with a no-deal Brexit. [BBC News, The Washington Post]

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