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Showing posts with the label Brexit

Scotland Independence - Effect on Englang and Scotland?

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Apart from resulting in a Brexit the Brittish referendum on the EU has shown the differences in views of the Brittish people. Scottland, Northern Ireland and London all voting in majority for staying in the EU whilst Wales and England voting to leave. This has propagaded yet again in Scottland wanting to seek independence from the UK and join the EU. David Cameron is surely regretting the choice of letting the choice of Brexit up to the Brittish people. The result of the vote is a display of the amount of people casting a fuck you vote to the EU:s bureaucracy. The detachment of the UK from the EU is bad for both entities and the referendum has similarities to the US presidential election where voters voting for Trump are acting illogically and are fed up with how the system works and demand change. The Brittish economy has already been impacted by a lower Brittish pound which has in the short term positively affected Brittish exporters but negatively affected the Brittish people in...

Brexit not yet fact, just more uncertainty!

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          The brexit referendum came to a dramatical ending on the 23 rd of June with the brexit side winning 51,9 % to 48,1 %. This referendum resulted in a non-binding ruling from the British people to exit the European Union and the resignation of British prime minister David Cameron. This unforeseen result was met with a large negativity from the youth of Britain as they took to the streets in demonstration and petitioning for yet another referendum that has been signed by up to 3 million people. Article 50 of the Treaty of the European Union must be invoked in order for Great Britain to leave the EU which will start a 2-year process of leaving the union that won’t be taken lightly. Scotland already talking of vetoing the result and talking of entering the EU on its own and secluding itself from Britain. What will happen henceforth is unknown but the effects of instability have negatively affected financial markets resulting in a loss of 2 trillio...