Tag: Brexit

Asian traders on edge ahead of Britain EU vote

  HONG KONG, China (AFP) — Investors trod a cautious line Wednesday, a day before Britain’s high-stakes referendum on its future in the European Union, with the head of the Federal Reserve warning a vote to leave could hammer world markets. After a three-day rally fuelled by hopes the country will stay in the economic bloc, analysts said traders were taking a step back to see what happens in Thursday’s poll. While bookmakers say there is […]

Brexit battle on knife edge in last 48 hours

  LONDON, United Kingdom (AFP) – by David Williams Financier George Soros warned of a Black Friday plunge in sterling if Britain votes to quit the EU as new polls showed a razor-tight race 48 hours ahead of the referendum. The man who made a fortune by betting against the pound in the so-called Black Wednesday of September 1992 said that a rejection of the European Union would deliver a major financial shock. Britain, the world’s […]

‘Harry Potter’ author Rowling warns on Brexit, nationalism

LONDON, United Kingdom (AFP) — J.K. Rowling, creator of the mass-selling “Harry Potter” books, made an impassioned plea Monday for Britons to vote to stay in the EU, warning in a blog posting against rising nationalism across the world. The British author, whose novels and films about the boy wizard have become a global phenomenon, said many of those backing a Brexit in Thursday’s EU referendum were making a protest “against everything about modern life […]

Britain’s rival EU camps resume campaign as polls show momentum for ‘In’

(REUTERS)  Campaigning for Britain’s vote on EU membership resumed on Sunday after a three-day hiatus prompted by the killing of a pro-EU lawmaker, but pledges of a more respectful tone were quickly tested by a fresh row over immigration. Three opinion polls ahead of Thursday’s vote showed the ‘Remain’ camp recovering some momentum, although the overall picture remained one of an evenly split electorate. The killing of Jo Cox, a 41-year-old mother of two young […]

British lawmaker shot dead, EU referendum campaigns suspended

(REUTERS) A British member of Parliament was shot dead in the street in northern England on Thursday, causing deep shock across Britain and the suspension of campaigning for next week’s referendum on the country’s EU membership. Jo Cox, 41, a lawmaker for the opposition Labor Party and vocal supporter of Britain remaining in the European Union, was attacked as she prepared to hold a meeting with constituents in Birstall near Leeds. Media reports said she […]

Britain’s EU referendum campaigns suspended as lawmaker critically injured in attack

(Reuters)  A British Member of Parliament was in critical condition after being shot and stabbed in her constituency in northern England on Thursday, British police and media reports said, prompting the suspension of campaigning for next week’s EU referendum. Jo Cox, 41, a lawmaker for the opposition Labour Party and vocal supporter of Britain remaining in the European Union, was attacked as she prepared to hold a meeting with constituents in Birstall near Leeds. West […]

Polls show Britain’s EU ‘Out’ campaign pulls ahead as referendum nears

(REUTERS ) British support for leaving the European Union has surged, according to two telephone opinion surveys published a week before the June 23 referendum, with one pollster putting support for “Leave” at a more than three-year high. The Ipsos MORI poll of 1,257 adults across Britain from June 11-14 showed 51 percent of all voters wanted to leave the bloc and 49 percent wanted to stay. But, when filtered for those likely and registered […]

Breaking News: Brexit would lead to loss of income for Britons: OECD

LONDON,United Kingdom (AFP) — Britons would be less well off if they voted to leave the European Union than if they stayed, the head of the Organization for Economic Cooperation and Development (OECD) said on Wednesday. “Brexit is like a tax. It is the equivalent to roughly missing out on about one month’s income within four years,” secretary general Angel Gurria told BBC radio ahead of the publication of an OECD report into Brexit. © […]

Obama sharpens Brexit warning in parting shot

LONDON, United Kingdom (AFP) — US President Barack Obama has sharpened his warnings about Britain’s reduced global influence should it quit the EU, warning it could take 10 years to reach a UK-US trade deal. Obama said Britain would have “less influence globally” if it votes to leave the European Union in the June 23 referendum on membership of the 28-country bloc. The president was speaking in a BBC television interview broadcast on Sunday, the final […]

Cameron seals ‘Brexit’ deal after marathon EU summit

by Danny Kemp and Katherine Haddon BRUSSELS, Belgium (AFP)–European leaders finally sealed a deal Friday on British Prime Minister David Cameron’s reforms after hours of haggling at a marathon summit, paving the way for a referendum on whether Britain will stay in the EU. The European Union’s two top figures, Donald Tusk and Jean-Claude Juncker, presented its 28 leaders with draft proposals at a long-delayed dinner after hours of painstaking face-to-face talks on an issue […]

Merkel says “the will is there” to get EU deal for Britain

BRUSSELS, Belgium (Reuters) — European Union leaders want to reach a deal to help keep Britain in the bloc even if securing an agreement will be difficult for many countries, German Chancellor Angela Merkel said on Friday (February 19). “Everyone wished to keep Britain as a member of the European Union, all of Britain’s different requests which were on the agenda were discussed, and it’s true that not everyone around the table found it all […]

EU chief warns ‘lot to do’ for deal to avoid British exit

BRUSSELS, Belgium (AFP) — European leaders have a lot of work to do at a summit in Brussels to reach a deal to prevent Britain becoming the first country to crash out of the bloc, EU president Donald Tusk warned Friday. British Prime Minister David Cameron urged his counterparts at the start of a two-day meeting to reach a “credible” reform deal that would allow him to hold a referendum on EU membership in June. […]