June 26, 2016
U.S. Races to Contain Fallout From Europe’s Brexit Turmoil
Source: Bloomberg
Journalists: Justin Sink, Nafeesa Syeed
The Obama administration is rushing to help contain the political and economic turmoil roiling Europe in the aftermath of the U.K.’s surprise decision to leave the European Union, with top U.S. officials seeking to ease tensions between European and British leaders over the timing of the divorce.
As the U.K.’s main political parties struggled to address a leadership crisis, U.S. Secretary of State John Kerry visited Brussels on Monday and also planned a stop in London in an effort to gauge, and potentially tamp down, reactions among leaders across the world’s largest trading bloc. The trip is an opportunity to understand how the transition will occur -- something U.K. officials are still figuring out --and stress U.S. commitments to the U.K. and EU, a senior administration official said.
To read the full article, visit the Bloomberg website.