From Mike Allen's newsletter.
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BREXIT BREAKFAST - Financial Times' Tony Barber has a full-page Big Read, "Haunted Europe: The UK vote to leave has raised doubts about the survival of the EU": "In the climate of nativism, populism and anti-EU sentiment that, to varying degrees, pervades most EU countries, pressure for British-style referendums on EU membership may spread beyond the far-right circles that are already making such demands in France and the Netherlands." on.ft.com
--The Guardian cover, "Firms plan to quit UK as shock of EU vote sinks in": "The survey by the Institute of Directors (IoD) [found] a quarter of the [1,000] members polled ... were putting hiring plans on hold, while 5% said they were set to [lay off] workers ... Nearly two-thirds ... said the outcome of the referendum was negative for their business. One in five ... were considering moving some of their operations outside of the UK." bit.ly
--"In Britain, Waiting for the Deluge: If Brexit was such a victory, why doesn't it feel like one?" by Politico's Francesco Guerrera and Ben White: "The Twittersphere has been dotted with repentant posts by some of the 17.4 million people who voted to Leave. ... A petition calling for a second referendum has reached more than 2.5 million signatures, ... but political experts say it has zero chance of being successful." politi.co
--"Post-Brexit global equity loss of over $2 trillion worst ever: S&P," by Reuters' Ed Krudy in N.Y.: "The $2.08 trillion wiped off global equity markets on Friday ... was the biggest daily loss ever, trumping the Lehman Brothers bankruptcy during the 2008 financial crisis and the Black Monday stock market crash of 1987 ... Friday's decline as a percentage of total market capitalization was 4.7 percent. That was outstripped on seven occasions during the financial crisis." reut.rs |
