UK Votes for Brexit in a shocking development ...

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The news shocked the world because noone ever thought that it would actually happen ! There has been a rise of the right wing in England and all over Europe . In England their silent campaign has led to the exit of Britain from European Union and Indian economy is bond to feel the impact. Around 72% of the population voted in this referrendum and the difference between the yes and no was a not much - at 4% ! However, it would be a change filled few months from now on when Britain will see some changes in its leadership and policies 

http://www.telegraph.co.uk/news/2016/06/24/eu-referendum-live-david-cameron-resigns-as-uk-shocks-the-world/

 

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This was inevitable one day or another as many British did not feel very comfortable about the open doors that their membership in the EU had created for other nationals in Britain. But still, their exit turning into reality is quite shocking for many. It is especially a big blow to many Goans with natural citizenship of Portugal as they can not enter Britain and work there freely.

According to  Market groups,Exit of Britain from EU may show  effect on India too.India has to rewrite strategies connected with Britain and Europe. Arun Jaitley has announced That India is well prepared to face Short term and Long term changes.

 

Kalyani Nandurkar wrote:

This was inevitable one day or another as many British did not feel very comfortable about the open doors that their membership in the EU had created for other nationals in Britain. But still, their exit turning into reality is quite shocking for many. It is especially a big blow to many Goans with natural citizenship of Portugal as they can not enter Britain and work there freely.

Kalyani, if we notice the pattern of voting it is largely those in the age group of 65+ that have voted to stay out, he youngsters wanted to be with EU because they see the extended benefits that would give them..It will not be easy for Britain to be isolated . As far as India is concerned , since we have many British based firms, it would affect us .

The decision by the UK leaving the European Union has impact on India in Multiple layers. Investment plans may be delayed. Uncertainty for the IT Sector. Oil price may be dropped. Rupee may hit 70 Vs Dollar.

 

rambabu wrote:

The decision by the UK leaving the European Union has impact on India in Multiple layers. Investment plans may be delayed. Uncertainty for the IT Sector. Oil price may be dropped. Rupee may hit 70 Vs Dollar.

Character of Indian economy is some what different from others. It is right UK decision affect whole world. Stock market and Rupee improved in India.

 

 

rambabu wrote:

The decision by the UK leaving the European Union has impact on India in Multiple layers. Investment plans may be delayed. Uncertainty for the IT Sector. Oil price may be dropped. Rupee may hit 70 Vs Dollar.

 

What multiple layers ? and what investment plans are you talking about ? 

usha manohar wrote:
rambabu wrote:

The decision by the UK leaving the European Union has impact on India in Multiple layers. Investment plans may be delayed. Uncertainty for the IT Sector. Oil price may be dropped. Rupee may hit 70 Vs Dollar.

What multiple layers ? and what investment plans are you talking about ? 

i think he mean that it will effect India in many ways like rising of good prices in India ect. 

 

usha manohar wrote:
Kalyani Nandurkar wrote:

This was inevitable one day or another as many British did not feel very comfortable about the open doors that their membership in the EU had created for other nationals in Britain. But still, their exit turning into reality is quite shocking for many. It is especially a big blow to many Goans with natural citizenship of Portugal as they can not enter Britain and work there freely.

Kalyani, if we notice the pattern of voting it is largely those in the age group of 65+ that have voted to stay out, he youngsters wanted to be with EU because they see the extended benefits that would give them..It will not be easy for Britain to be isolated . As far as India is concerned , since we have many British based firms, it would affect us .

Yes, I know it would be most people from that age group who decided to opt out of the Union and also some from 50 +. The thing is, these people too are the same as the senior citizens in India who have not taken too kindly to globalization and relish the way things were before the globalization. Also, since the number of immigrants became exceeding the ethnic populations in Britain, this resentment has only grown, more so not towards globalization, but towards increased migration of other nationals inside Britain. And the 9/11, London bombings in 2007 and other such incidents has only helped grow the feeling. And India will certainly feel the impact one way or other as major BPO and IT clients are based in Britain.

I think the British are going for a re-poll in near future. If the things remain the same there will be serious rethinking in Ireland and Scotland too.

suni51 wrote:

I think the British are going for a re-poll in near future. If the things remain the same there will be serious rethinking in Ireland and Scotland too.

True...it will not take much for Ireland to break away from the Kingdom, and Scotland has already started thinking towards its exit from the Kingdom as it seriously wants to remain with the EU.

In fact Scotland has always wanted t break away right from the nineties on-wards because the general feeling is that they are the ones who have contributed much more but gt lot less. We can see how most of the inventions came from Scotland but it is England that gets the name and fame. This seems like a good opportunity for them to take that final step and even if it does not happen immediately , it may happen at sometimes in the near future !

Brexit could also also change the United Kingdom in a more fundamental way. United Kingdom is made up of Four Countries. They are England, Wales, Scotland and Northern Ireland. But, now Britain on its way out of the EU, there is a danger, it won't stay United for very long.

 

 UK Votes for Brexit in a shocking development ...

Now many of the voters who actually voted to break away from the EU are doing a rethink , apparently regretting their decision to vote  for Brexit. There is also a growing unease because the EU has been pressurising them to leave right away instead of waiting for two months as it was earlier decided by UK. I have a feeling that many were carried away and voted without actually thinking of the implications and the ground realities ,that such a situation would lead to !

https://www.washingtonpost.com/news/worldviews/wp/2016/06/26/brexit-leaders-are-walking-back-some-of-their-biggest-promises/

 

I read a news item in Hindu that, the effects of Brexit will take a long time to show up. In this connection some experts are of the opinion that this time can be utilized for rebuilding Britain. I wait for the final outcome.

 

Kalyani Nandurkar wrote:
suni51 wrote:

I think the British are going for a re-poll in near future. If the things remain the same there will be serious rethinking in Ireland and Scotland too.

True...it will not take much for Ireland to break away from the Kingdom, and Scotland has already started thinking towards its exit from the Kingdom as it seriously wants to remain with the EU.

In fact this move from Britain which they are probably already regretting, has set many other things in motion with other countries doing a rethink on the whole EU issue. I am not sure if that is a positive turn of events or not ! I also feel that the Islamic terrorism and ISIS has also had a major impact on this. Germany and France are facing severe problems after giving assylum to Syrian refugees . Some of those with terror links have started their operations from there and may further go into more dangerous activities once they consolidate their position within the country and yo can never say who is a terrorist and who is not.

United Kingdom is now being called Disunited Kingdom. But Scotland will not be able to declare independence from UK. EU has refused to accept them.

usha manohar wrote:
Kalyani Nandurkar wrote:
suni51 wrote:

I think the British are going for a re-poll in near future. If the things remain the same there will be serious rethinking in Ireland and Scotland too.

True...it will not take much for Ireland to break away from the Kingdom, and Scotland has already started thinking towards its exit from the Kingdom as it seriously wants to remain with the EU.

In fact this move from Britain which they are probably already regretting, has set many other things in motion with other countries doing a rethink on the whole EU issue. I am not sure if that is a positive turn of events or not ! I also feel that the Islamic terrorism and ISIS has also had a major impact on this. Germany and France are facing severe problems after giving assylum to Syrian refugees . Some of those with terror links have started their operations from there and may further go into more dangerous activities once they consolidate their position within the country and yo can never say who is a terrorist and who is not.

Yes I think it is fear of terrorism and the insurgence of ISIS associates under the guise of Syrian refugees that have infiltrated Germany and France in large numbers is what may have spurred the decision of withdrawing from the EU. London bombings in 2005 and subsequent acts of terrorism now and then, the recent acts of terrorism in Brussels, followed by Istanbul etc. it is very much evident that London is a very sensitive city as far as such incidents are concerned. So I think they wan to close their doors tightly before the immigrants turn their way towards UK as soon as possible> Angela Merkel must already be regretting her chivalry and generosity she showed to the Syrians!

Kalyani Nandurkar wrote:
usha manohar wrote:
Kalyani Nandurkar wrote:
suni51 wrote:

I think the British are going for a re-poll in near future. If the things remain the same there will be serious rethinking in Ireland and Scotland too.

True...it will not take much for Ireland to break away from the Kingdom, and Scotland has already started thinking towards its exit from the Kingdom as it seriously wants to remain with the EU.

In fact this move from Britain which they are probably already regretting, has set many other things in motion with other countries doing a rethink on the whole EU issue. I am not sure if that is a positive turn of events or not ! I also feel that the Islamic terrorism and ISIS has also had a major impact on this. Germany and France are facing severe problems after giving assylum to Syrian refugees . Some of those with terror links have started their operations from there and may further go into more dangerous activities once they consolidate their position within the country and yo can never say who is a terrorist and who is not.

Yes I think it is fear of terrorism and the insurgence of ISIS associates under the guise of Syrian refugees that have infiltrated Germany and France in large numbers is what may have spurred the decision of withdrawing from the EU. London bombings in 2005 and subsequent acts of terrorism now and then, the recent acts of terrorism in Brussels, followed by Istanbul etc. it is very much evident that London is a very sensitive city as far as such incidents are concerned. So I think they wan to close their doors tightly before the immigrants turn their way towards UK as soon as possible> Angela Merkel must already be regretting her chivalry and generosity she showed to the Syrians!

But I have a feeling they are already regretting the move because almost al the parlimenterians were apparently against the move and so o nearly half of the population then , which has increased now because many who voted for are doing a rethink ! If they and the EU tighten their immigration laws things may not be so bad.In fact, being with the EU, Switzerland has still managed to maintain its identity and is extremely strict with its immigration laws , also has been trouble free so far !

usha manohar wrote:
Kalyani Nandurkar wrote:
usha manohar wrote:
Kalyani Nandurkar wrote:
suni51 wrote:

I think the British are going for a re-poll in near future. If the things remain the same there will be serious rethinking in Ireland and Scotland too.

True...it will not take much for Ireland to break away from the Kingdom, and Scotland has already started thinking towards its exit from the Kingdom as it seriously wants to remain with the EU.

In fact this move from Britain which they are probably already regretting, has set many other things in motion with other countries doing a rethink on the whole EU issue. I am not sure if that is a positive turn of events or not ! I also feel that the Islamic terrorism and ISIS has also had a major impact on this. Germany and France are facing severe problems after giving assylum to Syrian refugees . Some of those with terror links have started their operations from there and may further go into more dangerous activities once they consolidate their position within the country and yo can never say who is a terrorist and who is not.

Yes I think it is fear of terrorism and the insurgence of ISIS associates under the guise of Syrian refugees that have infiltrated Germany and France in large numbers is what may have spurred the decision of withdrawing from the EU. London bombings in 2005 and subsequent acts of terrorism now and then, the recent acts of terrorism in Brussels, followed by Istanbul etc. it is very much evident that London is a very sensitive city as far as such incidents are concerned. So I think they wan to close their doors tightly before the immigrants turn their way towards UK as soon as possible> Angela Merkel must already be regretting her chivalry and generosity she showed to the Syrians!

But I have a feeling they are already regretting the move because almost al the parlimenterians were apparently against the move and so o nearly half of the population then , which has increased now because many who voted for are doing a rethink ! If they and the EU tighten their immigration laws things may not be so bad.In fact, being with the EU, Switzerland has still managed to maintain its identity and is extremely strict with its immigration laws , also has been trouble free so far !

Yes, I read that in the news, especially the young ones do not want the breakup to happen. The trouble with UK is that they rested on their past laurels for too long and let things get out of their hands. Proportionately, the  number or productive immigrant  workers far exceeds their own British workers and they let it happen due to their own laidback attitude. But the Switzerland managed to keep the reigns of all jobs in their own hands by working hard. That is teh difference between the two countries. But I think, sooner or later, we might see the immigration laws tighten everywhere in EU.

Kalyani Nandurkar wrote:
usha manohar wrote:
Kalyani Nandurkar wrote:
usha manohar wrote:
Kalyani Nandurkar wrote:
suni51 wrote:

I think the British are going for a re-poll in near future. If the things remain the same there will be serious rethinking in Ireland and Scotland too.

True...it will not take much for Ireland to break away from the Kingdom, and Scotland has already started thinking towards its exit from the Kingdom as it seriously wants to remain with the EU.

In fact this move from Britain which they are probably already regretting, has set many other things in motion with other countries doing a rethink on the whole EU issue. I am not sure if that is a positive turn of events or not ! I also feel that the Islamic terrorism and ISIS has also had a major impact on this. Germany and France are facing severe problems after giving assylum to Syrian refugees . Some of those with terror links have started their operations from there and may further go into more dangerous activities once they consolidate their position within the country and yo can never say who is a terrorist and who is not.

Yes I think it is fear of terrorism and the insurgence of ISIS associates under the guise of Syrian refugees that have infiltrated Germany and France in large numbers is what may have spurred the decision of withdrawing from the EU. London bombings in 2005 and subsequent acts of terrorism now and then, the recent acts of terrorism in Brussels, followed by Istanbul etc. it is very much evident that London is a very sensitive city as far as such incidents are concerned. So I think they wan to close their doors tightly before the immigrants turn their way towards UK as soon as possible> Angela Merkel must already be regretting her chivalry and generosity she showed to the Syrians!

But I have a feeling they are already regretting the move because almost al the parlimenterians were apparently against the move and so o nearly half of the population then , which has increased now because many who voted for are doing a rethink ! If they and the EU tighten their immigration laws things may not be so bad.In fact, being with the EU, Switzerland has still managed to maintain its identity and is extremely strict with its immigration laws , also has been trouble free so far !

Yes, I read that in the news, especially the young ones do not want the breakup to happen. The trouble with UK is that they rested on their past laurels for too long and let things get out of their hands. Proportionately, the  number or productive immigrant  workers far exceeds their own British workers and they let it happen due to their own laidback attitude. But the Switzerland managed to keep the reigns of all jobs in their own hands by working hard. That is teh difference between the two countries. But I think, sooner or later, we might see the immigration laws tighten everywhere in EU.

Of course they should, because immigrants and their interest comes later after taking care of their own citizens interests. When they have to often compromise with safety, I am sure they will rethink their immigration policies ..Here i India we have all sicular parties crying hoarse if you so much as mention Bangla deshi immigration problem because it suits their own interest ,  they care two hoots about the immigrants unlike Europe where they go all out to take care of the immigrants especially Germany which spends close on 3000 euros on each immigrant per month, I am told ..

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Created Friday, 24 June 2016 09:45
Last Updated Tuesday, 30 November -0001 00:00
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