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Britain votes to leave EU, Cameron quits, markets rocked

As world stocks saw more than $2 trillion wiped off their value


Reuters  |  London 

Britain has voted to leave the EU, forcing the resignation of Prime Minister David Cameron and dealing the biggest blow since World War-II to the European project of forging greater unity. Global stock markets plunged on Friday, and the British pound saw its biggest one day drop in history, as results from a referendum defied bookmakers' odds to show a 52-48% victory for the campaign to leave the bloc Britain joined more than 40 years ago. The UK itself could now break apart, with the leader of Scotland, where nearly two-thirds of voters wanted to stay in the EU, saying a new ...

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First Published: Sat, June 25 2016. 10:51 IST