Paris, FRANCE | AFP | It started with “Grexit” — the long trumpeted but never realised axing of Greece from the European Union. It was then reborn as “Brexit” as Britain started down the — this time voluntary — path of leaving the bloc. The “-exit” formulation was coined by …
Read More »What is Article 50? The key to Brexit
Brussels, Belgium | AFP | It consists of just five short, vaguely worded paragraphs, but Article 50 of the European Union’s 2007 Lisbon Treaty will decide how Britain leaves — and it is already causing problems. The short section buried in the laws that govern the EU has never been …
Read More »Trump hails Brexit vote on visit to Scotland
Turnberry, United Kingdom | AFP | Donald Trump hailed Britain’s vote to leave the EU as “fantastic” shortly after arriving in Scotland on Friday for his first international trip since becoming the presumptive Republican presidential nominee. “I think it’s a great thing. I think it’s a fantastic thing,” he told …
Read More »Brexit bloodbath: David Cameron throws in towel
BREAKING NEWS: Prime Minister David Cameron announced Friday he will resign after Britons voted to leave the EU in defiance of his warnings of economic pain. Cameron promised to try to “steady the ship” over the next months but said a new leader should be installed by early October. “I …
Read More »Pound, Asia markets collapse as Britain quits EU
The pound collapsed to a 31-year low and there was pandemonium on currency, equity and oil markets Friday as Britain voted to leave the European Union, fuelling a wave of global uncertainty. Sterling crashed 10 percent to $1.3229 at one point, its weakest level since 1985, while the greenback …
Read More »Britain votes to leave EU, BBC reports
BREAKING NEWS Britain has voted to leave the European Union by 52 percent to 48 percent, the BBC reported on Friday, after nearly all the results had been counted. With 374 out of 382 regional results declared, there were 16.8 million votes for “Leave” and 15.7 million for “Remain”, making …
Read More »Anger, confusion as EU vote divides Britain
Breaking down in tears, Anthony Dunn recalled being branded a traitor and told he should leave the country for campaigning for Britain to stay in the European Union ahead of Thursday’s vote. After a campaign filled with confusing and often misleading claims, the 58-year-old Londoner is among many Britons …
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