by Danny McCord HONG KONG, China (AFP) — The pound fell Monday to around 30-year lows but most Asian stock markets rebounded from hefty losses fuelled by Britain’s decision to leave the European Union, despite fears of months of uncertainty. Sterling plunged two percent in early Asian trading before paring losses as dealers rushed into safe assets, although Japan’s Nikkei stock index rallied. Britain’s finance minister George Osborne looked to reassure markets, saying the […]
Tag: Brexit
Clinton swipes at Trump over Brexit
WASHINGTON, United States (AFP) — Democrat Hillary Clinton on Sunday took a swipe at Republican rival Donald Trump’s stance on Brexit, saying that “bombastic comments” do more harm than good during such times. Trump has hailed Britain’s vote to leave the European Union as “fantastic,” telling reporters during a visit to Scotland on Friday that he thinks the Brexit is “a great thing.” Clinton, who was speaking to the US Conference of Mayors, did not […]
Grieving Remain campaigners gather in London’s Parliament Square
(Reuters) — Londoners who voted to stay in the European Union gathered in Parliament Square on Saturday (June 25) to share their grief and sorrow at the country voting to leave in Thursday’s (June 23) referendum. Draped in EU flags and holding placards reading “Yes to EU” the disappointed group of a few hundred listened to impromptu speeches from people deploring the result. Some still wearing their official ‘IN’ campaign T-shirts said their shock […]
No hurry for Britain to trigger EU exit process – Merkel
(Reuters) — There is no desperate rush for Britain to trigger the process for it to leave the European Union, German Chancellor Angela Merkel said on Saturday (June 25), leaving London some space to work out its next move after a referendum vote to leave the bloc. “Great Britain must for themselves define — and surely there will also a discussion process — what relationship it wants to have with the European Union. We […]
Phl economy, labor can withstand effects of ‘Brexit’, says Palace official
(Eagle News) — Malacanang assured the public on Saturday that the country’s economy is strong enough to be affected by any shock created by the United Kingdom’s vote to volt from the European Union. Communication Secretary Herminio Coloma Jr., said that for instance, most of the Filipino workers in Britain are nurses who are subjected to British law rather than EU regulations citing a report by Labor Secretary Rosalinda Baldoz. “Ang kanilang paglilingkod doon ay hindi […]
Ban says he expects EU to remain ‘solid partner’ for United Nations
United Nations Secretary General Ban Ki-moon said Friday he expects the European Union to remain a solid partner for the UN after Britain’s decision to leave the bloc. “The Secretary-General expects…the (EU) to continue to be a solid partner for the (UN) on development and humanitarian issues, as well as peace and security, including migration,” Ban said in a statement. © 1994-2016 Agence France-Presse
Britain votes to leave EU, PM resigns
London, United Kingdom—Britain has voted to break away from the European Union, toppling Prime Minister David Cameron and dealing a thunderous blow to the 60-year-old bloc which sent world markets plummeting on Friday. Cameron said he would resign to make way for a new leader by early October after voters opted to exit the 28-nation alliance in defiance of his predictions of economic disaster and isolation. Britons, many worried by high levels of […]
G7 to communicate over Brexit
Tokyo, Japan—Japan said Friday it would communicate with its G7 counterparts over Britain’s decision to quit the European Union, as a report said the group would hold a conference call later Friday. The club of rich nations — which earlier warned that Brexit could have disastrous economic consequences — has yet to issue a formal response to the shock vote that sent financial markets into a tailspin. Japan’s Finance Minister Taro Aso declined to […]
Leave camp leads in early UK referendum count
(REUTERS) Early results from Britain’s bitterly contested referendum showed a lead on Friday for supporters of leaving the European Union, contradicting opinion polls and prompting wild swings in the value of the pound. With results in from the first 13 of 382 voting districts, those in favor of ending Britain’s 43-year membership were on 52.4 percent of the vote, while those wanting to stay were on 47.6 percent. But it was too early to […]
Factbox: How will Britain’s EU referendum vote count work on the night?
(REUTERS) Britain holds a referendum on whether to stay in the European Union on Thursday. Reuters will offer live coverage of the results throughout the night and carry UK Press Association results from each of the 382 counting areas. Following are details of how the ballot count will work on the night. All times in GMT, an hour before local UK time. WHEN WILL RESULTS COME? Votes will be counted by hand, starting as […]
Trump heads to Scotland as ‘Brexit’ vote result looms
by Michael Mathes WASHINGTON, United States (AFP) — Donald Trump takes his first international trip since presumptively clinching the Republican presidential nomination, jumping out of the US political frying pan and into the “Brexit” fire by arriving in Scotland Friday. The New York celebrity billionaire is scheduled to attend the ceremonial re-opening of his Trump Turnberry golf course on the very day that the British will wake to learn whether they have voted to remain […]
Brexit may impair UK’s capacity to fight terrorism: expert
(Courtesy CCTV) — The UK risks losing the opportunity for international cooperation in the fight against terrorism should it decide to leave the European Union, anti-terrorism expert Nigel Inkster said on Tuesday. Inkster is a former Director of Intelligence and Operations for MI6 and is now Director of Future Conflict and Cyber Security. He said staying with the EU will help Britain maintain its traditional relations with EU partners in intelligence sharing, especially for […]





