In shock vote, Britain votes to leave the European Union

[Ogner]

3 hours ago, Out of the Shadows said:

How many signatures do they need to get it to be reality?

The prospect of being outside of the European Union is too much for some of the 16 million UK residents who wanted their country to ‘remain’. They have set up a parliamentary petition calling for a second referendum, which crashed due to its popularity.

Despite being set up hours after the result, the petition has already reached its goal of over 100,000 signatures. This means that it must be considered for debate within parliament within a year. 

William Oliver Healey was the brainchild of the petition, stating “We the undersigned call upon HM Government to implement a rule that if the remain or leave vote is less than 60% based a turnout less than 75% there should be another referendum.” 

He may have a case as the turnout at the referendum was 72 percent, while a slim majority of 52 percent was in favor of leaving the EU, with 48 percent wanting to remain.

Any possible debate would have to take place quickly if current Prime Minister David Cameron is to be present. The leader of the Conservative Party announced he would be stepping down in the wake of the vote as he had forcefully backed the ‘Remain’ campaign to keep Britain in the EU. 

The petition received so much attention that a surge in traffic caused it to briefly crash, though it is now back up-and-running. However, it is unlikely that a second referendum would ever seriously be considered.  

[Ogner]

The British pound plunged 10 percent, the most since 1985, EUR (-2,29%). while the Japanese yen had its biggest surge since 1998.

Panicked investors dumped risky assets that had built up ahead of the referendum, which many assumed would have the opposite effect.

More than £100 billion was wiped off the FTSE 100 as the index plunged almost eight percent at the start of trade in London. It was the biggest market fall in UK history. The FTSE managed to pare losses during afternoon trading, trading over three percent lower by 13:20 GMT.

Edited June 24, 2016 by Ogner

[Running Gator]

9 minutes ago, Ogner said:

The prospect of being outside of the European Union is too much for some of the 16 million UK residents who wanted their country to ‘remain’. They have set up a parliamentary petition calling for a second referendum, which crashed due to its popularity.

Despite being set up hours after the result, the petition has already reached its goal of over 100,000 signatures. This means that it must be considered for debate within parliament within a year. 

William Oliver Healey was the brainchild of the petition, stating “We the undersigned call upon HM Government to implement a rule that if the remain or leave vote is less than 60% based a turnout less than 75% there should be another referendum.” 

He may have a case as the turnout at the referendum was 72 percent, while a slim majority of 52 percent was in favor of leaving the EU, with 48 percent wanting to remain.

Any possible debate would have to take place quickly if current Prime Minister David Cameron is to be present. The leader of the Conservative Party announced he would be stepping down in the wake of the vote as he had forcefully backed the ‘Remain’ campaign to keep Britain in the EU. 

The petition received so much attention that a surge in traffic caused it to briefly crash, though it is now back up-and-running. However, it is unlikely that a second referendum would ever seriously be considered.  

Thanks for the information. 

[ayin jade]

6 hours ago, angels4u said:

I expected England to leave( it's prophecy ) 

 

Explain please 

[Ogner]

GBP/EUR -5,95% or EUR/GBP +6,44% & GBP/USD -8,19%
 
 

This is a crash and it is just starting...

[Running Gator]

The Dow is down over 500 points, or more than 3%.  The NASDAQ is down more than 3.8.  This is just the tip of what is to come.

[GoldenEagle]

15 hours ago, WorthyNewsBot said:

(Worthy News) - The voters of the United Kingdom spoke Thursday and, to the surprise of pundits and their elected officials, declared that they want out of the European Union.

In a historic nail-biter of a referendum, the nation voted to exit the 28-member EU bloc, a result widely seen to have been driven public fear of immigration that has surged in the nation during recent years but which quickly prompted a run on the British currency.

While turnout was at a near record levels, and officials had predicted a tally that was “too close to call,” the major TV networks BBC and ITV both projected a victory for the “Leave” forces in the so-called “Brexit” vote.

With more than 80 percent of the vote counted just before midnight EDT in the U.S., the “Leave” forces had an edge of 51.6 percent to 48.4 percent. [ Source ]

View the full article

I actually think there's going to be serious negative ramifications for Great Britain in the short and mid term. Scotland is already talking about leaving Great Britain again.

This is going to cause a panic and a down turn in the world economy.

France, Italy and the Netherlands are also thinking about leaving the European Union.

God bless,

GE

[other one]

25 minutes ago, Out of the Shadows said:

The Dow is down over 500 points, or more than 3%.  The NASDAQ is down more than 3.8.  This is just the tip of what is to come.

Get ready to buy stock.....  it'll go back up.   Soros  will make money

[GoldenEagle]

 

7 hours ago, angels4u said:

I expected England to leave( it's prophecy ) so I'm not shocked at all by this outcome~

 But now what will happen,more countries to follow ?

And the E.U. will be in BIG trouble,more trouble than they already have~~

Jesus is coming , Maranatha ~~

 

It's prophecy? Yes please do explain.

God Bless,
GE

[Guest Thallasa]

4 hours ago, Ezra said:

Typical politician, lying through his teeth at every turn.

Cameron is a good man .Maybe you need to find out a bit more about him . He is one of the few truly decent, heads of  State , over here anyway .