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As UK Pulls Out Of The Eu......stocks Will Crash! - Foreign Affairs - Nairaland

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As UK Pulls Out Of The Eu......stocks Will Crash! by Kojochyke(m): 1:42pm On Jun 24, 2016
Britain is set to be the first country to leave the EU since its formation - but the Leave vote does not immediately mean Britain ceases to be a member of the 28-nation bloc. That process could take a minimum of two years, with Leave campaigners suggesting during the referendum campaign that it should not be completed until 2020 - the date of the next scheduled general election. Once Article 50 has been triggered a country can not rejoin without the consent of all member states. Mr Cameron previously said he would trigger Article 50 as soon as possible after a Leave vote but Mr Johnson and Mr Gove, who led the campaign to get Britain out of the EU, have said he should not rush into it. They also said they wanted to make immediate changes before the UK actually leaves the EU, such as curbing the power of EU judges and limiting the free movement of workers, potentially in breach of the UK's treaty obligations. The government will also have to negotiate its future trading relationship with the EU and fix trade deals with non-EU countries. In Whitehall and Westminster, there will now begin the massive task of unstitching the UK from more than 40 years of EU law, deciding which directives and regulations to keep, amend or ditch. The Leave campaign argued during a bitter four-month referendum campaign that the only way Britain could "take back control" of its own affairs would be to leave the EU. Leave dismissed warnings from economists and international bodies about the economic impact of Brexit as "scaremongering" by a self- serving elite. The CBI said many businesses would be concerned about the referendum result. It said "the urgent priority now is to reassure the markets", but warned against "rushed decisions".
Re: As UK Pulls Out Of The Eu......stocks Will Crash! by JuniorMafia1(m): 1:44pm On Jun 24, 2016
Hmmm...that's good o


My sign cool
Re: As UK Pulls Out Of The Eu......stocks Will Crash! by Fairytales: 1:46pm On Jun 24, 2016
It's a normal thing

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