Tag: Europe

Obama warns against global ‘hysteria’ after Britain’s vote to leave EU

Barack Obama warned against financial and global hysteria after Britain’s vote to leave the European Union, saying cataclysmic changes were unlikely. In an in interview with NPR that aired on Tuesday, the US president called for calm and pointed out that Norway is not a member of the European Union but is one of America’s […]

EU referendum: German and French to unveil European superstate blueprint post-Brexit

The foreign ministers of France and Germany are due to reveal a blueprint to effectively do away with individual member states in what is being described as an “ultimatum”.   Under the radical proposals EU countries will lose the right to have their own army, criminal law, taxation system or central bank, with all those […]

European ‘superstate’ suggested as Brexit solution

The tumult following last week’s vote in the United Kingdom to leave the European Union intensified on Monday when it was revealed that a new “superstate” is being considered in which nations would “lose the right to have their own army, criminal law, taxation system or central bank,” according to one report.   Britain’s credit […]

English will not be an official EU language after Brexit, says senior MEP

Danuta Hübner, the head of the European Parliament’s Constitutional Affairs Committee (AFCO), warned Monday that English will not be one of the European Union’s official languages after Britain leaves the EU.   English is one of the EU’s 24 official languages because the U.K. identified it as its own official language, Hübner said. But as soon as Britain completes […]

Mexico president urges North American integration after Brexit

Ottawa (AFP) – Mexican President Enrique Pena Nieto on Monday called for greater integration with Canada and the United States in the wake of Britain’s vote to split with the European Union.   Nieto, who spoke during a stopover in Quebec City, is scheduled to attend a North American leaders summit in Ottawa on Wednesday […]

Brexit: UK government shifts to damage control in Brexit turmoil

British Prime Minister David Cameron said: “The British government will not be triggering Article 50 at this stage.” He said that Britain would have to establish its new relationship with the European Union before doing so and that it would be up to the next prime minister and cabinet to decide. “Tomorrow is an opportunity […]

Brexit and the failure of European unification

The citizens of the United Kingdom have voted to leave the European Union.   In doing so, they have undone a half-millennium of work toward pacifying the most war-torn continent on the planet earth.   Europe has always been at war with itself. The Pax Romana never fully pacified the Germanic tribes. Strife was frequent […]

After the referendum: Chaos was predicted and chaos has ensued

IT IS just 50 hours since the referendum result was announced. In that time, Britain’s prime minister has resigned, there has been a coup against the leader of the Labour party (still playing out as I write), sterling has had one of its biggest one-day falls in history, the banks are starting to talk about […]

Historic Brexit vote sends shockwaves through Europe, with calls for a slimmer EU

The British people’s vote to leave the European Union sent shock waves through that continent on Friday morning, strengthening those forces within the remaining 27 member EU states who want their governments to make a similar exist.   EU officials did their best to do damage control with its council president Donald Tusk stating: “this […]

Brexit Vote Sends Pound to 31-Year Low, Pummeling Markets

LONDON — Stock markets crashed, oil prices tumbled and the pound fell to a 31-year low on Friday as Britain’s unprecedented vote to leave the European Union shocked investors and dragged the region, the world’s largest economic bloc, into a new era of uncertainty.   Investors rushed to dump European shares as soon as markets […]