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Everything you need to know about Brexit

brexit

What is the European Union?

The European Union is a partnership with 28 countries in Europe which was developed essentially as an ally strategy. The European Union was created to help all countries involved with trade, their economy, and political relations. Countries within the European share the same currency (for the most part) and the ability to travel and work within other European Union countries is easier.

What decision did the United Kingdom make?

On June 23rd, 2016 UK citizens placed a vote to decide whether or not they would remain in the European Union. The referendum brought 71.8 percent of all citizens, totaling 33,551,983 votes, to the polls for the decision. By a near margin (51.9 percent to 48.1 percent), the UK voted to exit the European Union.

This referendum touts the highest turnout for UK voters since the 1992 general election.

According to BBC news, England and Wales both voted strongly for Brexit with 53.4 percent and 52.5 percent (respectively) voting in favor of the leave. More conservative Scotland and Northern Ireland both favored staying in the European Union with 62 percent and 55.8 percent (respectively) voting to stay.

In the wake of the decision, immediate changes were made

British Prime Minister, David Cameron, announced he would be stepping down from his role after the vote for Brexit was finalized. Cameron is not interested in supporting the Brexit decision, and has spoken for months on his opinion that the choice to leave the European Union would be disastrous for the UK.

The UK will remain under European Union law until the separation has completed, which could take years.

What changes are on the horizon?

Because this separation is unusual, (in fact it’s never happened before) there are many loose ends that need to be tied up – which means a great deal of uncertainty around the separation.

There are many citizens of UK that will be working in countries still in the European Union so determining visa status or restrictions for workers that have had long standing or future job opportunities is still up the in the air.

In 1982 Greenland voted for a greater amount of self-governance, so while they are still a part of the European Union, the UK will seek advice from this territory about how to painlessly-as-possible separate.

Stay tuned as the  more decisions and plans are made.

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