Full Coverage: Britain votes to leave the European Union
Britons voted June 23 to leave the 28-nation European Union, a stunninge decision that appeared to defy economic reason and cast doubts over the future of the bloc that been a bulwark for peace and prosperity for the last six decades.
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New British Prime Minister Theresa May vowed Wednesday to steer her country through the uncertainty and turbulence of its split from the European Union, declaring, “Because we are Great Britain, we will rise to the challenge.â€
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In normal times, presiding over Britain’s storied Foreign and Commonwealth Office is a job weighted with historic gravitas, a coveted post held by a seasoned diplomat who employs tact and discretion to advance the nation’s complex interests spanning the globe.
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Nearly a month after Britons voted to leave the European Union, it’s far from a sure bet the break will ever happen.
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If you thought the “Brexit†vote was scary, check out the full-page newspaper ad that recently appeared in the New York Times recounting all the horrors in the present tense, as if they were still unfolding: The vote “topples†the British government, “crushes†the pound and “wipes away†billions in stock market wealth.
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Just three weeks ago, Theresa May was a low-profile member of David Cameron’s Cabinet, regarded as a professional and reliable leader in the Conservative Party ably holding a position that’s been called a “graveyard for political careers.â€
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Britain’s vote to leave the European Union has led the International Monetary Fund to trim its forecast for global economic growth through 2017, but so far the impact has not been as severe as initially feared.
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As a big blue moving van rolled up to 10 Downing Street in London and outgoing British Prime Minister David Cameron made ready to hand off to his newly anointed successor Theresa May, Britons were fixated by questions momentous and mundane: When would the new leader execute “Brexit�
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A clergyman’s daughter known for her calm, common-sense demeanor has emerged from the unholy political scrum that erupted after the “Brexit†referendum, poised to become Britain’s prime minister as the onetime empire weathers financial fallout, social schism and deepening angst over its place on the world stage.
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While playing in the waist-high grass, Tom and Bridie Conlon’s young children learned to detect British soldiers in their midst by the scent of smoke and gunpowder outside their home along the border between Ireland and Northern Ireland.
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Federal Reserve policymakers, already worried about surprisingly weak U.S. job growth, expressed concerns at their most recent meeting last month over the “potential economic and financial market consequences†of a British vote to leave the European Union, according to an account released Wednesday.
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The quick rebound and relative calm in financial markets last week following Britain’s vote to leave the European Union were welcome relief to investors.
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Nigel Farage, the brash, outspoken leader of Britain’s UK Independence Party resigned on Monday, saying his “political ambition had been achieved†after 52% of the country voted to leave the European Union on June 23.
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The sari shops, halal confectioneries and Sikh temples along Soho Road in Birmingham, Britain’s second-largest city, wouldn’t seem like fertile ground for anti-immigrant sentiment.
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Tens of thousands of people, some waving French baguettes and chanting, “Hell no, we won’t go,†took to the streets of London on Saturday to express their anger at Britain’s referendum decision to leave the European Union.
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At a financial conference this week in the City of London, Britain’s equivalent to Wall Street, four eminent executives and business experts on a panel were asked whether they thought the country actually would ever leave the European Union, as voters mandated in a referendum June 23.
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The Hollywood screenwriter William Goldman could have been referring to “Brexitâ€-bemused London when he famously wrote that “nobody knows anything.â€
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Britain’s vote to leave the European Union has sent rattled investors fleeing once again to the perceived safety of bonds, renewing a question that has befuddled markets since the 2008 financial crisis: How low can already rock-bottom yields go?
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Ann Williams believes her hardscrabble former steel town in Wales would survive Britain’s divorce from the European Union just fine.
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As the shock of Britain’s decision to leave the European Union sent world stock markets tumbling and triggered global concern, some began to calculate the toll it might take on the world’s most needy.
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Throwing a chaos-weary British public another political curve, former London Mayor Boris Johnson abruptly withdrew Thursday from the race to become the next Conservative Party leader and British prime minister — a race in which until recently he was considered the front-runner.
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Britain’s vote to leave the European Union last week has left many people wondering how exactly that exit will take place.
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In Britain he is simply known as “Boris,†an eccentric and gaffe-prone politician who spent eight years as London’s mayor.
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To hear European Union officials talk, the freedom of workers to move wherever they wish within the 28-member union is a fundamental principle—one they won’t alter even though discontent with free immigration was a major issue in Britain’s vote last week to leave the EU.
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Standing in the doorway of the London Town pub one evening this week, Sam Mason could not have looked more English or felt more European.
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European Union leaders Wednesday put a brave face on Britain’s decision to leave the common market, insisting that the 27 nations remaining in the bloc can succeed despite the departure of its second-largest economy.
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European Union leaders on Tuesday pressed British Prime Minister David Cameron to move fast in the face of political turmoil at home and unrest roiling global financial markets after the country’s vote last week to leave the alliance.
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When staff members arrived to open the Polish Social and Cultural Assn. community center, an institution in immigrant-rich West London for five decades, they were greeted by an ugly message.
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Britain may have just lost the last friend it had in the European Union, less than a week after the country voted to abandon the group of nations that had been a pillar of peace and prosperity for the last six decades.
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First, the decision; now, the dithering.
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America’s top diplomat sought to soothe fears Monday on both sides of the Atlantic as aftershocks of Great Britain’s vote to withdraw from the European Union, the world’s largest trading bloc, continued to rattle markets and governments.
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Major U.S. stock indexes fell sharply again Monday and two leading companies cut Britain’s credit rating in the wake of last week’s vote to leave the European Union.
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Just over a year ago, British financial traders were celebrating a landmark court victory over their European rivals.
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With markets in free fall after Britain’s vote to leave the European Union, Spanish voters turned away from anti-establishment parties Sunday and endorsed the perceived safety and security of ruling conservatives.
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Fifty-two percent of voters in the United Kingdom have decided to take a huge risk that may in the end turn Great Britain into Small England and shatter the international consensus that has given Europe more than three generations of peace.
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U.S. stocks fell sharply in early trading Monday following another slide in European markets as investors grappled with the fallout of Britain’s vote to leave the European Union.
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Treasury chief George Osborne sought Monday to ease investor concerns about Britain’s vote to leave the European Union, saying the U.K. economy is as strong as it could be to face the challenge.
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Hillary Clinton pitched herself as an example of “steady, experienced leadership†and bipartisanship Sunday, just hours after the Senate’s Republican leader, Mitch McConnell, declined to say whether he thought Donald Trump was qualified to be president.
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At the Speaker’s Corner of Hyde Park, where generations of Londoners have come to hear harangues on almost any topic imaginable, a small crowd gathered Sunday during a brief, sunny respite from an overcast and rainy week.
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Great Britain has never really gotten over its loss of empire.
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German Chancellor Angela Merkel on Saturday urged her fellow European Union leaders to react cautiously to Britain’s vote to leave the EU, breaking with fellow European ministers who seek a swift and decisive divorce with Britain.
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The day after Britain voted to leave the European Union, Twitter users had a chance to react concisely with the hashtag #BrexitIn5Words.
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California and its $5 billion of annual exports to Britain could be standing in harm’s way if there’s economic upheaval caused by Britain’s vote to leave the European Union.
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The Britons who voted to take their country out of the European Union were predominantly white, working class, older and deeply upset about immigration.
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Vice President Joe Biden condemned what he called the “un-American†response of “reactionary politicians and demagogues†who blame immigrants for economic and societal unrest, using a speech on the Irish American immigrant experience to deliver his second major rebuke of Donald Trump in a week.
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To star Los Angeles investor Jeffrey Gundlach, bull markets and bear markets aren’t about how much stocks have climbed or fallen, but about teamwork – whether players in the economy are working together.
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Most fans of the horror series “Penny Dreadful†think of the Showtime drama as a British TV show.
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Great Britain’s decision to leave the European Union has sent shock waves around the world.
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For decades, financial and political leaders have preached the inevitability of globalization, promising nations that by sacrificing some of their sovereignty and dropping national barriers they could reap far greater rewards through economic integration and cooperation.
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On Thursday, British citizens voted to leave the European Union.
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Britain’s vote to leave the European Union sent shock waves rippling across the globe Friday, setting off tumult in financial markets, forcing the country’s prime minister to resign and shattering the stability of an alliance that created the continent’s shared economy and ended the ruinous wars that plagued the early 20th century.
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The Dow Jones industrial average plummeted 610 points, or about 3.4%, on Friday as global stock, currency and other markets convulsed in response to Britain’s surprising vote to leave the European Union.
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Britain’s decision to leave the European Union might not mark the beginning of the end for continental unity, but that possibility was in the air Friday as Europe’s leaders struggled to put the best face on their new reality after the “Brexit†vote.
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Britons voted Thursday to leave the 28-nation European Union, a historic vote that sent shock waves across the continent and prompted Prime Minister David Cameron to announce that he will step down by October.
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Demand for travel was already strong in the U.S., and the vote by the U.K. to leave the European Union will make it cheaper for Americans to visit their British cousins across the pond.
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Britain’s decision to exit the European Union has affected all aspects of British society – even science.
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Britain’s stunning vote Thursday to leave the European Union was part of a dramatic internal struggle over the country’s identity, culture and independence that will transform its role in the world for the foreseeable future.
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What Britain does, or doesn’t do, might not seem relevant to investors and consumers on this side of the Atlantic.
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It was a contentious campaign, and in the end, a stunning outcome.
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A sense of panic and disbelief rippled through Germany and across Europe early Friday after Britain voted to leave the European Union, a stunning decision that appeared to defy economic reason and cast doubts over the future of the bloc that in various forms has been a bulwark for peace and prosperity for the last six decades.
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International markets reeled on Friday as Britain voted to leave the European Union in a shock referendum result, with the value of the pound falling to its lowest level against the U.S. dollar since 1985.
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Britons voted Thursday to leave the 28-nation European Union, a historic vote that sent shock waves across the continent.
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It’s anyone’s guess how things will go in Thursday’s referendum on British membership in the European Union, also known as “Brexit.â€
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On Thursday British voters willfully walked off a cliff when they decided to leave the European Union.