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Zenith 2016
Brexit, a combination of the words Britain and voted for Brexit, so he accepted the result and declared
Exit, refers to Britain’s withdrawal from the EU. It is a that he would resign.
After Britain voted on Brexit, recession of Britain,
Oakland’s Ghost Ship Fire word borrowed from Grexit which refers to Greece’s the Pound depreciated and and nearly half a million job
withdrawal from the Eurozone. Recently Britain has
– Unforgettable Teary Event been in the spotlight by leaving the EU. U.K. Prime losses are expected, and Britain bank stocks, financial
Minister David Cameron made a vow to implement an
business's center, plummeted nearly 20 percent. Also
“in or out” referendum if he won the general election JP Morgan and Goldman Sachs declared the dismissal
in May, 2015 and 51.9 percent of the electorate of 1000-6000 of workers, then London’s status as a
were in favor of the withdrawal, so they defeated global financial hub seemed to be shaken. Instead,
the opponent(48.1%) by 3.8 percent in the Brexit New York, U.S.A, Frankfurt, Germany and others will
referendum in June, 2016. Consequently Britain’s clarify the position. Add to that, supporters of exiting,
withdrawal from the EU was decided. though, promised to make 350 million pounds which
Why did Britain decide to withdraw after 43 years’ have been spent for supporting EU used for NHS's aid,
of affiliation with the EU? Brexit public opinion unlike the common people's belief, it turned out to be
started with the European financial crisis. When the untrue. So, the press called this situation ‘regrexit’ that
worsening deficit of the EU started, burden of allotted means ‘regret brexit.’
charges the EU should pay has grown and plus, While the EU opposes brexit response if you can't
immigrants looking for employment have increase accept four requirement, 'get out at once.' That is
exponentially. Especially at end of 2015, as the influx a warning to countries that intend to withdraw. In
of refugees was incessant, the motion requiring Brexit Britain, about 4.1million people took part in petition
was accelerating. requiring revoting, opposing the result of brexit. The
As the motion of withdrawal was accelerating, EU petition claims that because the turnout was under
accepted most of requirement (▲ Limit of immigrants 60%, we require a revote to government. However,
welfare benefaction ▲ the Parliament of England’s according to the Daily Telegraph, in statement replying
independence reinforcement ▲Giving the right of revoting petition, Britain dismissed the petition
choice about EU regulation ▲ Guarantee that they because the referendum was taken by Royal Assent
can access Eurozone markets from Noneurozone and thorough investigation and debate, so everyone
country) that Britain suggested to remain in the EU agreed on the referendum. Adding that " David
at the member countries summit in February, 2016. Cameron also made it clear this is most democratic
Announcing formally holding a referendum about exercise of which 33 million people participated and
remaining or exiting from the EU, Cameron appealed we should respect the result."
to the people to remain in the EU for the future of Yoon, Sung Bean (2-3)
Britain in Brexit referendum. The people, however, cadnybean@naver.com
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