-
Tips for becoming a good boxer - November 6, 2020
-
7 expert tips for making your hens night a memorable one - November 6, 2020
-
5 reasons to host your Christmas party on a cruise boat - November 6, 2020
-
What to do when you’re charged with a crime - November 6, 2020
-
Should you get one or multiple dogs? Here’s all you need to know - November 3, 2020
-
A Guide: How to Build Your Very Own Magic Mirror - February 14, 2019
-
Our Top Inspirational Baseball Stars - November 24, 2018
-
Five Tech Tools That Will Help You Turn Your Blog into a Business - November 24, 2018
-
How to Indulge on Vacation without Expanding Your Waist - November 9, 2018
-
5 Strategies for Businesses to Appeal to Today’s Increasingly Mobile-Crazed Customers - November 9, 2018
David Cameron Resigns As Britain Votes To Leave EU
Changes won’t come until there’s a formal withdrawal agreement between Britain and the EU.
Advertisement
Similarly, Poland said it would aim to secure the rights of its citizens living in the UK.
After the votes were counted, Britain voted 52/48 to leave the EU.
Phil Gordon, a former senior foreign policy adviser to Obama, expressed concern that Europe will become inwardly focused on Britain’s departure and independence movements on the continent, leaving the United States to shoulder more of the worldwide burden.
German Foreign Minister Frank-Walter Steinmeier says negotiations on British exit should begin “as soon as possible” but adds that “intensive European discussions” are needed.
“Today, on behalf of the 27 leaders I can say that we are determined to keep our unity as 27”.
“There is urgency. There is no time to lose”, said French Foreign Minister Jean-Marc Ayrault.
“We can not turn our backs on Europe”.
European Council President Donald Tusk made a start by appointing Belgian diplomat Didier Seeuws to coordinate negotiations with Britain.
Corbyn said Saturday he would not resign, and said Britain must react “calmly and rationally” to the divisive referendum result.
Britain’s FTSE 100 stock index recovered much of its early losses by the end of the day after the world’s main central banks offered financial backstops.
Meanwhile in Scotland, which voted to remain in the European Union, the First Minister Nicola Sturgeon said a second independence referendum was “highly likely”.
Nearly 1.6 million people, and counting, have signed a petition that asks the government to add a rule to the Brexit vote-counting that would trigger another referendum.
Tens of thousands are also set to pack into Trafalgar Square in the British capital on Tuesday to show “London stands with Europe”, the Evening Standard newspaper reported.
“At stake is the breakup, pure and simple, of the union”, Prime Minister Manuel Valls of France said, adding, “Now is the time to invent another Europe”.
An emergency cabinet meeting of the Scottish Government in Edinburgh formally agreed to press ahead with legislation to pave the way for a potential second independence referendum, which First Minister Nicola Sturgeon said was “very much on the table”.
Global financial markets plunged on Friday losing about $2 trillion in value, while the British Pound suffered a record one-day plunge to a 31-year low.
The Dow Jones industrial average tumbled 611.22 points, or 3.4 percent, to close at 17,399.86. “Entirely reasonable to believe that the Conservative Party learned nothing from this vote”, wrote Arron Banks, Farage’s principal donor, on Twitter when he read Johnson’s pro-immigration comments. This has deepened fears among mainstream politicians about the rise of anti-establishment parties, not least in France where far-right National Front leader Marine Le Pen is expected to perform strongly in a presidential election next year.
Rathke said issues running the gamut of London’s future interactions with Brussels would be negotiated, including free trade, movement of people, law enforcement, and security cooperation.
Italy’s Prime Minister Matteo Renzi called upon the European Union to change direction following Britain’s vote to leave the bloc.
The British pound fell as much as 10 percent against the U.S. dollar on Friday to levels last seen in 1985 on fears the decision could hit investment in the world’s fifth-largest economy, threaten London’s role as a global financial capital, and usher in months of political uncertainty. “If tomorrow Britain is not part of the single market, the City can not keep this European passport, and clearing houses can not be located in London either”, he said. The only way around this was for Britain to follow the example of Norway, which lies outside the European Union but has joined the single market.
On the surface, the deal should not be affected as the United Kingdom hasn’t actually started the legal process for leaving the EU.
Cameron’s replacement could be his Conservative rival Boris Johnson, the former London mayor who became the most recognisable face of the Leave camp. But political pressure and economic instability may force British politicians to act more quickly than they had hoped. And will Great Britain be reduced to a solo England in the near future? “If I had the opportunity to vote again, it would be to stay”.
Advertisement
The prospect of another Scottish referendum dominated newspapers north of the border, with the Scottish Daily Mail carrying the headline “Disunited Kingdom”.