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Montevideo, March 29th 2024 - 13:16 UTC

Tag: UK referendum European Union

  • Wednesday, June 22nd 2016 - 04:33 UTC

    Brexit: The apocalypse

    Brexit could become the beginning of the destruction of EU and Western political civilization in its entirety, said Donald Tusk, the president of the European Union

    By Gwynne Dyer - How’s this for apocalyptic? “As a historian I fear Brexit [a British vote to leave the European Union in the referendum on June 23] could be the beginning of the destruction of not only the EU but also Western political civilization in its entirety,” said Donald Tusk, the president of the European Union, in an interview published on Monday in the German newspaper Bild.

  • Monday, June 20th 2016 - 08:24 UTC

    “Kiss chain” in support of Remain, and a vote of love for tolerance and unity

    “A vote for Remain is a vote for love, tolerance and unity in our diversity,” commented Alice Jay, Avaaz campaign director in a statement.

    A long line of people kissed each other outside parliament in London on Sunday in a show of love to urge Britain to remain in the European Union.Campaigners said that over 420 people had taken part in the “kiss chain” in London, as other mass kissing events took place in Berlin, Paris and Rome.

  • Monday, June 20th 2016 - 05:34 UTC

    France wants strong immediate action from European Council if UK votes Leave

    “You are in or out... The EU Council should give the British an ultimatum about their intentions, and France’s president will be very clear about that,” Macron said

    French economy minister Emmanuel Macron said on Saturday the EU should act quickly and firmly if Britain votes next week to leave the European Union. Britain’s EU referendum will be held on Thursday, with an EU summit set for a few days later on June 28 at which Macron said EU leaders should take a firm stand with regard to the UK.

  • Friday, June 17th 2016 - 07:42 UTC

    Cameron cancels “Stronger in Europe” rally in Gibraltar following killing of Labor MP

    Chief Minister Picardo receives Prime Minister David Cameron in the tarmac of the airport

    Thursday's “Stronger in Europe” rally at Gibraltar at which UK Prime Minister David Cameron was due to speak, was cancelled at the last minute after Labour MP Jo Cox was shot and stabbed in an attack in West Yorkshire. The news of the fatal attack came shortly after Cameron arrived t the Rock.

  • Thursday, June 16th 2016 - 23:36 UTC

    “Increasingly likely” Sterling would drop further in the event of a Leave vote, warns Bank of England

    MPC nine members said that a “vote to leave the EU could materially alter the outlook for economic output and inflation”.

    The Bank of England has warned that uncertainty about the EU referendum is the “largest immediate risk” facing global financial markets. The bank said there were “risks of adverse spillovers to the global economy” from the 23 June vote and it was “increasingly likely” that sterling would fall further - perhaps sharply - in the event of a leave vote, the Bank added.

  • Thursday, June 16th 2016 - 06:55 UTC

    Germany warns Brexit could lead to the European block's disintegration

     “A vote to leave would shake the union,” German foreign minister Steinmeier said at a joint news conference in Brandenburg.

    If the United Kingdom votes to leave the EU next week, the move could ultimately lead to the bloc's disintegration, Germany's foreign minister has warned. Frank-Walter Steinmeier was speaking near Berlin after talks with his French counterpart, Jean-Marc Ayrault.

  • Wednesday, June 15th 2016 - 12:40 UTC

    Brexit: What if?

    A consequence is the resignation of PM David Cameron, whose position will become impossible. It was he who promised a needless referendum three years ago

    By Gwynne Dyer - After months in which opinion polls showed a six to ten percentage points lead for the 'Remain' side in the referendum campaign on continued British membership of the European Union (EU), the numbers have suddenly shifted in favor of 'Leave'.

  • Wednesday, June 15th 2016 - 07:54 UTC

    Brexit debate escalates: Remains warn of a fiscal “black hole”; Vote Leave slams “hysterical prophecies”

    Chancellor Osborne will share a stage with his Labour predecessor, Lord Darling, setting out £30bn of “illustrative” tax rises and spending cuts

    UK Chancellor of the Exchequer George Osborne says he will have to slash public spending and increase taxes in an emergency Budget to tackle a £30bn “black hole” if the UK votes to leave the European Union. The chancellor will say this could include raising income and inheritance taxes and cutting the NHS budget.

  • Tuesday, June 14th 2016 - 07:57 UTC

    Gibraltar’s Spanish neighboring towns fear Brexit: ‘it would be a disaster’

    “For a depressed area such as La Linea de la Concepción, Gibraltar represents economic oxygen and a Brexit would see that relationship seriously damaged.”“It would be a disaster,” said Angel Serrano .

    UK exit from the European Union would be “a disaster” that would risk creating “an economic and social rift” between Gibraltar and the neighbouring region in Spain, the Cross-Frontier Group said in a report published by the Gibraltar Chronicle. The group’s president, Ángel Serrano, warned that Brexit posed a serious risk to employment and investment on both sides of the border.

  • Monday, June 13th 2016 - 07:36 UTC

    Sterling drops to a two-month low as jittery investors shift to safer assets

    With next week's referendum on whether Britain should stay in the EU on a knife-edge, analysts said traders were rushing to safe-haven investments.

    The British pound dropped to a two-month low and the yen rallied Monday as jittery investors shifted into safer assets on worries about Britain's possible exit from the European Union. The flight to lower-yielding investments came as Asian stock markets plunged, with dealers awaiting meetings this week of the US and Japanese central banks.