Blackrock

Even readers who have been preoccupied with the agonies of the Republican and Democratic primary campaigns are probably aware of the political battle being waged across the Atlantic over Brexit. That term, of course, refers to the proposal that Britain (with Northern Ireland, the United Kingdom) exit from the European Union. In more shorthand, the opposing sides are tersely referred to simply as Leave and Remain. The Brexit proposal will be put to the voters in a referendum on June 23, and to the questions “What will happen?” and “What will it mean?” there is clearly only one answer: no one really knows. Without attempting predictions, our view is that if the vote is to leave the EU, the risks to Britain, the EU, and ultimately the United States, could be significant.Read More »Blog No. 102: Brexit: Arguments, Consequences and the Trump Factor