Monday, June 27, 2016


"Brexit, Cameron resignation signal momentous change for UK" PBS NewsHour 6/24/2016


SUMMARY:  Great Britain voted 52 to 48 percent Thursday to become the first nation to leave the European Union.  The vote prompted Prime Minister David Cameron -- a leading voice in the “Remain” camp -- to announce his resignation, though he will stay on until October to ensure a smooth transition.  Special correspondent Malcolm Brabant takes a look at how Britain is readying itself for a post-EU paradigm.

JUDY WOODRUFF (NewsHour):  The British people have spoken, and, in voting to leave the European Union, have sent shockwaves around the world.

Special correspondent Malcolm Brabant begins our coverage in London.

WOMAN:  The U.K. has voted to leave the European Union.

MALCOLM BRABANT (NewsHour):  The official word came just after 7:00 in the morning, U.K. time.

Rapturous cheers went up at leave parties.  The final tally, 52 percent, more than 17 million people, opted to leave the 28-member European Union.

AILEEN QUINTAN, “Leave” Supporter:  We have actually shown that opposition to the E.U. isn’t a small fringe — fringe minority.

MALCOLM BRABANT:  For the 48 percent who voted to stay, the result was devastating.

MAN:  I think it’s going to lead to great political, economic, business uncertainty.

MALCOLM BRABANT:  The political fallout was instant.  Prime Minister David Cameron, who led the campaign to remain, announced that he will step down by October.

DAVID CAMERON, Prime Minister, Britain:  I will do everything I can as prime minister to steady the ship over the coming weeks and months, but I do not think it would be right for me to try to be the captain that steers our country to its next destination.

MALCOLM BRABANT:  Cameron promised the referendum in 2013, in part to appease E.U. skeptics in his own conservative party.

"What motivations led British voters to choose Brexit?" PBS NewsHour 6/24/2016


SUMMARY:  Thursday’s Brexit vote was largely a victory for right-wing British politics.  But both “Leave” and “Remain” supporters had a plethora of political and emotional motivations.  For a closer look at what drove the British majority to decide to exit the European Union, Judy Woodruff talks to former EU official Sir Michael Leigh and Tim Montgomerie of The Times of London.

"Will other countries follow Brexit example and shun globalization?" PBS NewsHour 6/24/2016


SUMMARY:  Thursday’s successful Brexit vote holds great consequences for economies worldwide, with some analysts warning that departure from the EU could plunge Britain back into a recession that might in turn spread to other countries.  For more on the financial implications of Brexit, Hari Sreenivasan talks to David Wessel of the Brookings Institution and Diane Swonk of DS Economics.

"What impact will Brexit have on U.S. trade policy?" PBS NewsHour 6/25/2016


SUMMARY:  Britain is the U.S.’s closest diplomatic and military ally and top economic partner in Europe.  One-fifth of U.S. exports to Europe go to the UK and so do half a billion dollars in direct investments.  Senior editor of Foreign Policy magazine Cameron Abadi joins Alison Stewart to discuss the effects Brexit might have on business relations in the UK and Europe.

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