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Brexit Vote: 51.9% leave, 48.1% stay

tomahawk6

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Looks to me that the Brits may close the page on their experiment

https://finance.yahoo.com/news/live-coverage--the-brexit-vote-184037100.html#

- mod edit of thread title to add result -
 

CougarKing

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The Brexit will have some adverse affects on Commonwealth countries such as Canada, since there are many UK-Canada economic links such as the Bombardier plant in Northern Ireland:

Daily Hive/Vancity Buzz

How the UK's Brexit vote could impact Canada
London


(...SNIPPED)

Impact on Canada

For Canada specifically, the real implications of the aptly named ‘Brexit’ are not so much the impact on trade, but rather foreign direct investment (FDI). Many Canadian businesses and corporations have a strong presence in London, given that the UK serves as Canada’s economic gateway into the world’s largest singularity.

In 2015, approximately $93 billion of Britain’s FDI came from Canada, representing nearly half of the $191.5 billion in FDI that goes from Canada to Europe annually. Europe is the second most popular destination for Canadian investors.


“If this were to be cut off, if Britain were to leave, these investments would no longer make sense,” said Hübner. “There would be geographical and economic reconsiderations through relocating those kinds of things.”

(...SNIPPED)

BBC

EU referendum: Bombardier tells workers it would be better off if 'UK remains in EU'
By Julian O'Neill BBC News NI Business Correspondent

    14 April 2016
    From the section Northern Ireland

The boss of Bombardier in Belfast has told its staff that "it is better for our company that the UK remains within the EU".

The Canadian-owned firm is Northern Ireland's biggest manufacturing employer

It employs around 5,000 people in its aerospace business.


The firm's Belfast vice-president Michael Ryan wrote in a letter to staff that the "European debate is very emotional".

The referendum will take place across the UK on Thursday, 23 June.

But, he said that Europe has been good to the company in terms of investment, air travel and giving free movement of goods.

'Informed decision'

The aerospace firm's Northern Ireland operation exports 95% of its products - 33% of them directly into Europe.


(...SNIPPED)

 

cupper

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My company stocks will take a hit. (We were bought by a holding company of a French owned multi-national)

And Little Donny Trump went over to Scotland today to check out his latest developments.

Latest update I heard (10:00pm EST) it's a dead heat 50.0 to 50.0

Voting in the industrial north east of England is coming in much higher than expected for leaving.
 

Cloud Cover

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jollyjacktar said:
I'd be voting to leave if I was a resident.

I think there are probably good reasons to leave and good reasons to stay, but on the whole it's a big risk and for those who personally have something to lose or gain from it, I wonder if they will ever respect the results:

""I hope I'm wrong. I hope I'm made a fool of .. but either way whether I'm right or wrong, if we do stay part of this union it's doomed - it's finished anyway."  Nigel Farage: Whatever happens, we'll win the war over EU  bbc.com --- the link disappeared as I was typing this!
 

marinemech

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nearly dead heat, 16.8 million votes needed to win referendum so long way to go
 
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For those interested, John Oliver did a great piece on this earlier in the week.

https://youtu.be/iAgKHSNqxa8
 

dimsum

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Well, at least Scotland won't be as expensive for EX Joint Warrior  :nod:

This may end up being one of the bigger blunders for the UK.
 

McG

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BBC is calling it a win for the exit at 52% over 48%

http://www.bbc.co.uk/news/uk-politics-36615028
 

a_majoor

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Now we will see how the UK political establishment reacts, since they were dead set on the Remain side.

I am also curious as to how our own government will react. I never saw any discussion on what Canada's position should be, or what contingencies were in effect for either a Stay or Leave result. OF course they don't seem to have contingencies planned for much else either, but that is a huge omission on their part.
 

SeaKingTacco

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Cameron has got to be toast. It is difficult to see how he retains confidence of the House of Commons now.
 

daftandbarmy

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BBC Live Coverage

I note that Sinn Fein suggests this is a good chance for a vote for a United Ireland as Northern Ireland voted to stay in the EU, like Eire:

http://www.bbc.com/news/uk-politics-36615028

This will be interesting to watch, especially if the Russians take it as an opportunity to apply pressure...
 

Kirkhill

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What you are seeing is a revolt against Internationalism, not Globalism - the mercantile philosophy, but Internationalism - the political philosophy.

Britain will come out fine.  Money traders and politicians may have a bad day but, perhaps unfortunately, they too will survive.
 

tomahawk6

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BREAKING..... David Cameron to resign as PM.I find this development a bit surprising.

https://www.yahoo.com/news/uk-pm-cameron-says-step-down-october-brexit-072846606--business.html

Bloomberg experts predict a $500b loss in the markets following the vote.

http://www.thegatewaypundit.com/2016/06/bloomberg-analysts-half-trillion-erased-global-markets-following-brexit-vote/
 

The Bread Guy

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tomahawk6 said:
BREAKING..... David Cameron to resign as PM.I find this development a bit surprising.

https://www.yahoo.com/news/uk-pm-cameron-says-step-down-october-brexit-072846606--business.html

Bloomberg experts predict a $500b loss in the markets following the vote.

http://www.thegatewaypundit.com/2016/06/bloomberg-analysts-half-trillion-erased-global-markets-following-brexit-vote/
As close as it was (51.9 go, 48.1 stay), I'm still kinda surprised to see how it tipped.
 

Ostrozac

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daftandbarmy said:
This will be interesting to watch, especially if the Russians take it as an opportunity to apply pressure...

The Russians don't exactly have to apply pressure for fractures to appear in the European Union -- the Europeans are doing fine applying those pressures all by themselves.

When a tree is already falling, you don't need to pull out the chainsaw.
 
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