June 14, 2016

'Brexit' could have economic, political downsides for U.S. business

Featuring Peter Harrell

Source: USA Today

Journalist Roger Yu

J.P. Morgan CEO Jamie Dimon visited the banking giant's British corporate office in the seaside city of Bournemouth this month to deliver a chilling message to employees: “As many as 4,000” J.P. Morgan jobs in the United Kingdom — about a quarter of the U.K. workforce — could be cut if Britons vote next week to leave the European Union. 

The June 23 referendum on a “Brexit,” or British exit from the 28-member union, will determine if the country severs its close economic and political ties with continental Europe and chart its own course in national security, economic policies and immigration laws.

 

To read the full article, visit the USA Today website.

  • Peter Harrell

    Adjunct Senior Fellow, Energy, Economics and Security Program

    Peter Harrell is an adjunct senior fellow at the Center for a New American Security, where he focuses on the intersection of economics and national security. Research interest...