June 25, 2016

Britain faces an uncertain reality after vote to exit

Featuring: Julianne Smith

Source: Associated Press

LONDON—Britain's vote to leave the European Union sent shock waves rippling across the globe Friday, setting off tumult in financial markets, forcing the country's prime minister to resign and shattering the stability of an alliance that created the continent's shared economy and ended the ruinous wars that plagued the early 20th century.

Britons woke up Friday to a new reality fraught with uncertainty: Who will run the government? What kind of relationship will Britain have with the rest of Europe? What will happen to jobs, trade and prices? Will the economy collapse?

 

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Author

  • Julianne Smith

    Former Adjunct Senior Fellow, Transatlantic Security Program

    Julianne (“Julie”) Smith is a contributing editor to Foreign Policy, where she coedits “Shadow Government.” She is also a senior advisor at WestExec Advisors, an adjunct senio...