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Big global voices on the Brexit and how it impact global markets, world politics and more.
And so, it’s done. The UK has voted to leave the E.U. Britain and the European Union, will part ways after decades together. The E.U., with Britain in it, was to be the future. Now, the E.U. as we’ve known it is headed for the past. And the questions raised are legion. For Britain, Europe, the United States, the West. This hour On Point, Steven Erlanger of the New York Times, Lionel Barber of the Financial Times, and Germany’s Josef Joffe of Die Zeit on the meaning of Britain's exit. — Tom Ashbrook
Josef Joffe, editor of Die Zeit. Fellow at Stanford University’s Freeman and Hoover Institution.
From Tom’s Reading List
New York Times: Britain Votes to Leave E.U.; Cameron Plans to Step Down — "Britain has voted to leave the European Union, a historic decision sure to reshape the nation’s place in the world, rattle the Continent and rock political establishments throughout the West."
POLITICO Europe: Brexit financial shock today, and for years to come — "With markets crashing around the world, an economic shock looming in Britain and possibly the globe, and the prospect of losing London as their European headquarters, financial executives ended their all-night vigil on Friday morning with the realization that their industry was likely to struggle for years, employ fewer people, and find it more difficult to operate across national borders."
Financial Times: Brexit: the world’s most complex divorce begins — "In execution, will the exit deal — the divorce and breaking of old obligations — be struck at the same time as a trade agreement covering post-Brexit trade? And if no, is a transition possible to ensure a soft landing?"
This program aired on June 24, 2016.
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