(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 […]
Tag: European Union
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 […]
Obama confident UK ‘committed to orderly transition’ out of EU
PALO, ALTO, United States (AFP) — US President Barack Obama said Friday he was confident that Britain would make an “orderly transition” out of the European Union, and insisted the special relationship between Washington and London would not change. “Yesterday’s vote speaks to the ongoing changes and challenges that are raised by globalization,” Obama told an audience at Stanford University, one day after British voters opted to leave the bloc in a historic referendum. After […]
UK leaves EU, PM announces resignation
QUEZON City, Philippines – The United Kingdom (UK) of Great Britain and Northern Ireland surprised the world when 52.7% of its registered voters voted to leave the European Union – the first country to leave the 60-year old political union. In the wake of “Brexit”, UK Prime Minister David Cameron announced that he will resign in October. (Eagle News Service Described by Jay Paul Carlos, Video Editing and Uploaded by Vince Alvin Villarin)
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 […]
Marine Le Pen hails Brexit, calls for French referendum
PARIS, France (AFP) — French far-right leader Marine Le Pen on Friday hailed Britain’s decision to leave the European Union and called for a similar referendum in France. “Victory for Freedom! As I have been asking for years we must now have the same referendum in France and EU countries,” the National Front (FN) leader tweeted. The eurosceptic, anti-immigration FN has accused the EU of suffering a “democratic deficit” and has long urged all members […]
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 […]
Early support for Brexit sends pound plunging
by Robin MILLARD LONDON, United Kingdom (AFP) — Early results from Britain’s knife-edge referendum showed unexpectedly strong support for leaving the European Union on Friday, sending the pound plummeting as investors feared a historic blow against the 28-nation alliance. Just minutes earlier, global financial markets had been surging after two opinion polls gave them hope that Britons would choose to stay in bloc, born out of a determination to forge lasting peace after two world […]
PM David Cameron votes in British EU referendum
LONDON, United Kingdom (AFP) — Prime Minister David Cameron cast his vote Thursday in Britain’s referendum on whether to remain in the European Union. Cameron, who has led the “Remain” campaign, went to a polling station in central London with wife Samantha to fill in his ballot, an AFP photographer at the scene saw. © 1994-2016 Agence France-Presse
Britain votes in historic referendum on EU
by Katherine HADDON LONDON, United Kingdom (AFP) — Millions of Britons began voting Thursday in a bitterly-fought, knife-edge referendum that could tear up the island nation’s EU membership and spark the greatest emergency of the bloc’s 60-year history. A record 46.5 million voters were registered to decide Britain’s future in the 28-nation European Union, which was born out of a determination to unite in lasting peace after the carnage of two world wars. Across much […]
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 […]
EU agrees anti-tax evasion deal
BRUSSELS, Belgium (AFP) – The European Union agreed a raft of anti-tax evasion measures Tuesday that would make it harder for multinationals to shift profits to countries with lower taxes, but critics said they were too watered down. The proposals were agreed on provisionally by the EU’s 28 finance ministers on Friday, following major revelations in the Panama Papers and LuxLeaks scandals of tax schemes enjoyed by big banks, companies and wealthy individuals. Final holdouts […]





