BRITAIN VOTES TO LEAVE EU
After crushing blow, David Cameron resigns. EU leaders urge calm as markets swoon.
Britain voted to leave the European Union, setting in motion a historic divorce from the continent that raised questions about the future of the soon-to-be 27-member bloc, prompted British Prime Minister David Cameron to announce he would resign, and unleashed a storm of volatility on financial markets.
The vote’s final result — 52 percent for Leave and 48 percent for Remain — instantly triggered a global market selloff Friday morning as the world fretted about the future of London, its biggest financial center. Britain’s currency crashed to a 30-year low and the FTSE share index shed billions of pounds in value.