UK leaves EU

On 23/6/2016 UK held referendum on Brexit. On 24/6/2016 vote counting was over. UK had voted to leave EU by 51.89% to 48.11% votes.
Brexit issue had divided parties. Conservative Party was divided. Prime Minister David Cameron and Chancellor of the Exchequer were in Remain Camp. Former London Mayor Boris Johnson and Justice Secretary Michael Gove were in Leave Camp. Labour Party’s leader Jeremy Corbyn did not show enthusiasm for Remain Camp. London Mayor Sadiq Khan was in Remain Camp. David Cameron and Sadiq Khan appeared together to ask voters to choose Remain. Some Labour MPs favoured Leave.
Bank of England Governor Mark Carney favoured Remain. Some questioned his propriety.
Former Prime Ministers John Major, Anthony Blair, James Gordon Brown campaigned for Remain.
Many foreigners joined Brexit debate. US President Barack Obama, French President Francois Hollande, German Chancellor Angela Merkel, IMF President Christine Lagarde wanted UK to remain in EU.
Currency dealer George Soros and many industrialists favoured Remain.
During the campaign Labour MP Helen Joanne Cox was murdered. Conservative MP Sayeeda Warsi switched from Leave Camp to Remain Camp.
UKIP favoured leave. When it was clear it was victory for Brexit UKIP leader spoke.
He said: “Dare to dream he dawn is breaking on an independent United Kingdom. If the predictions are right this will be a victory for the real people, for the ordinary people, and for the decent people.”
“We fought against the multi-nationals, we fought against the big merchant banks, we fought against lies, corruption and deceit”.
“Honesty, decency and belief in nation is going to win. And we will have done it without having to fight, without a single bullet being fired.”
“We’ll have done it by damn hard work. By people like my friend Arron Banks; by people in Labour, the Conservative Party, UKIP and in no party.”
“We’ll have done it not just for ourselves, we’ll have done it for the whole of Europe.
“I hope this victory brings bring down this failed project. Let’s get rid of the flag, the anthem, Brussels and all that has gone wrong.”
“Let June 23 go down in history as our Independence Day.”
Later he said “June the 23rd needs to become a national bank holiday, and we will call it Independence Day.”
David Cameron announced he will step down during Conservative Party’s Convention in October.
Donald Trump was in Scotland to open a golf course.
“I think it’s a great thing that happened. People are angry, all over the world. People, they’re angry.”
“People want to take their country back. They want to have independence, in a sense, and you see it with Europe, all over Europe. You’re going to have more than just – in my opinion, more than what happened last night, you’re going to have, I think many other cases where they want to take their borders back. They want to take their monetary back.”
Markets crash all over the world. There was no rational explanation. There was no good reason for Sensex to crash or rupee to crash against dollar. Pound’s crash seems manipulated.

Updated: June 26, 2016 — 9:16 am

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  1. A phenomenon beyond comprehension

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