Tag Archives: Brexit

In Thatcher’s footsteps: Theresa May, Britain’s Brexit PM London, United Kingdom | AFP | Britain’s prime minister in waiting Theresa May is a pragmatist who has emerged from the chaos of the Brexit referendum unscarred, portraying herself as the one who will lead the country out of the EU. The …

A view from the Economic Policy Research Centre Makerere On June 23, the British voted in a referendum to exit the European Union. The referendum was predictably surrounded by discussions of what a British exit- Brexit- would mean for the people and its social, political and economic impact. Of particular …

  British interior minister Theresa May announced her bid to succeed Prime Minister David Cameron on Thursday, saying negotiations to leave the European Union should not begin before the end of the year. “I’ve invited you here today to announce my candidacy to become leader of the Conservative Party and …

Britain “may never” trigger the formal divorce process with the EU despite last week’s referendum in which the country voted to leave, EU diplomats said Sunday. “My personal belief is they will never notify” the EU about their intention to leave, a senior EU diplomat said on condition of anonymity. …

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 …

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 …

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 …

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 …

  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 …

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 …