Friday, June 24, 2016

Brexit victory Tips David Cameron and sinks markets – Santa Catarina Daily

The decision of the British to leave the European Union (EU) has caused an earthquake that claimed the post of Prime Minister David Cameron, sank the markets and threatens to disintegrate the UK.

European partners deplored the decision of the British and asked the first, as soon as possible, the separation negotiations, for which there is a period of two years with possibility of extension.

“the Brexit is a blow to Europe “said German Chancellor Angela Merkel, who invited the French President, François Hollande, Italian Prime Minister Matteo Renzi, and the President of the European Council, Donald Tusk, to a meeting in Berlin on Monday.

US President Barack Obama, who said during the campaign that the United Kingdom would return to trade talks with Washington to leave the EU, was more conciliatory. “The special relationship between the United States and Britain is enduring,” he said.

The result, however, is the end of the Cameron government, who announced his intention to leave office before the victory the Brexit in Thursday’s referendum by 52% to 48%.

the resignation of the head of government will be effective before the Conservative Party conference in October.

“I do not I think it would be correct to try to be the captain who guides our country to its next destination, “said Cameron, visibly shaken, before the official residence of Downing Street.

” I think the new prime minister is who should make the decision to activate Article 50, “he said about the European Treaty of Lisbon, which will open the period of negotiations for the break.

Russian President Vladimir Putin, saw this results in a certain” superficial attitude “of the Cameron government on issues” crucial “for the country,” the organization of the referendum and its results are a presumed and superficial attitude, “said

Tears in the streets of London .

The winners were euphoric. With only one representative in Parliament, the leader of the tiny Party UK Independence Party (UKIP) Nigel Farage, became the winner for having managed to focus the campaign on the theme of immigration, what most interested him.

Farage called for June 23 is declared “Independence Day.”

“Now we have a glorious opportunity to pass our laws and secure our taxes according to the UK’s needs,” he said conservative Boris Johnson, former mayor of London.

the euphoria of “Brexiters” contrasted with the tears of Francesca Crimp, an employee of a bank.

“I’m scared, I voted for the future my son and I now feel very insecure, “he lamented.

” This multicultural city I live in will change dramatically, and the world is not the same, “he said.

query result shows a divided country, with London, Scotland and Northern Ireland in favor of staying in the EU, while in the north of England and in Wales the Brexit won widely.

More than 350,000 people signed a petition for a new referendum, and another signed by 90,000, calls for independence from London and its maintenance in the EU.

the European residents in London had difficulty to digest the victory of Brexit and, above all, the message that some believe is behind:. “not welcome”

“I’ve lived here for five years and never felt rejected today. It’s like half of yell population for us that does not value us, “he told AFP the Portuguese Carlos Velazquez, one of the 3 million European citizens living in the country, according to the final data 2015.

domino Effect

Cameron defended the referendum call idea, the second in the tortuous relationship between the UK and EU. the British voted “yes” to stay in the bloc in 1975.

“we have a parliamentary democracy, but there are times when the right to consult the population,” he said.

the consequences of the result can last for long.

So, after the announcement of the result, Spain immediately asked a “shared sovereignty” over Gibraltar.

After the announcement, the Scottish separatists announced the start of legal preparations for the convening of a second referendum on independence, while Sinn Irish Fein also wants Ulster to vote to decide a union with Ireland.

at the same time, far-right representatives of France and the Netherlands supported the idea of ​​referendums similar to the UK.

the republican candidate for the White House, Donald Trump, said Brexit victory is something “fantastic” and said that there are similarities between the campaigns.

“people want to reclaim their country, want independence, “he said.

Several Catalan separatist leaders considered that the Brexit and a second referendum in Scotland could give them arguments to require a referendum on independence.

” we have to do monitoring because it can complicate the negotiations for the Free Trade Agreement (FTA) between Mercosur and the European Union, “he warned the president of Uruguay, Tabaré Vázquez.

Chaos in the markets

“a disaster f …” summarized a broker of the London Stock Exchange told AFP.

European stocks tumbled, sterling registered the lowest price in 30 years and investors bought securities of German debt , threatening a new financial crisis in the battered euro zone.

the Moody’s rating agency predicted “an extended period of uncertainty” to the British economy and the negative reduced from stable the outlook of the country note, which means it could reduce the rating (Aa1) in the near future.

the price of oil fell again and producing countries, such as Ecuador, expressed concern about the impact of this new destabilization.

the Bank of England was willing to inject immediately 250 billion pounds in liquidity in the market.

the output will force a transfer of thousands of London City executives to Frankfurt, Paris or Dublin.

Never in the history of the EU a country had voted to abandon the project born in the 1950s, from the ashes of World War II.

at stake is the legal status of millions of European workers in the UK, and hundreds of thousands of British retirees in countries like Spain, France or Portugal.

The historic referendum showed an insurmountable gap between regions, generations and British social classes. Big cities voted in majority manner in permanence, while rural areas have chosen to exit. Young people were willing to stay within a block that allows freedom of movement, but older people could only see an invasion of immigrants, 300,000 per year, which should be stopped as soon as possible.

jz-al / fp / mr / MVV / lr

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