Obama says ‘special relationship’ will survive UK Brexit vote

They took their country back, just like we will take America back. Though regions such as Northern Ireland and Scotland voted overwhelmingly to stay within the European Union, overall there were far more votes against it.

The pro-Brexit side drew support from millions of voters who felt left behind by globalisation and blamed European Union immigration for low wages and stretched public services. Immediately following the news of the referendum’s passing, Prime Minister David Cameron announced his resignation, effective by October.

Flanked by wife Samantha as he delivered an emotional statement outside Number 10, Cameron said he accepted the decision of the electorate. If there’s no agreement by the end of the two-year period, the European Union could unanimously extend the talks.

Voters appeared to have to shrugged off warnings that a Brexit would create a budget hole requiring spending cuts and tax increases once they lose unfettered trade access to the EU.

Hannan said the EU was badly failing in its prime goal of creating a more vibrant European economy.

President Obama also spoke with German Chancellor Angela Merkel.

“Investment in science is as important for the long-term prosperity and security of the U.K.as investment in infrastructure projects, farming or manufacturing, and the free movement of scientists is as important for science as free trade is for market economics”, the researchers wrote in the letter. He’s also a native of Doncaster, England, and he said he has been keeping a close eye on the Brexit vote. “The stock markets and the currency markets have already reacted pretty strongly”, he says, “and United Kingdom holdings have already lost some of their value”.

Blindsided by the winning “Leave” vote, global investors fled the market in search of safe havens such as gold, the Japanese yen, and U.S. Treasuries.

Brace yourself for a Black Friday on Wall Street. Place is going wild over the vote.

The “Leave” campaign says Britain’s economy would benefit from a Brexit, or British exit.

To address the uncertainty and calm the nerve of allies, Britain included, Obama said “the special relationship between the United States and the United Kingdom is enduring, and the United Kingdom’s membership in North Atlantic Treaty Organisation remains a vital cornerstone of US foreign, security, and economic policy”.

France’s National Front leader Marine Le Pen changed her Twitter profile picture to a Union Jack and declared “victory for freedom”, while the Dutch anti-Islam MP Geert Wilders said: “The Dutch people deserve a referendum as well”.

Vice President Joe Biden, speaking in Ireland where he is making an official visit, expressed the administration’s regret about the vote but assured Britons that the bond between their two countries would remain strong.

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