Brexit and the advanced bioeconomy
By Biofuels Digest
June 24, 2016 - In the UK, the British people voted to exit the European Union in a historic vote which was announced in the early Friday hours. Following the vote, UK Prime Minister David Cameron said he would resign, and Scottish First Minister Nicola Sturgeon said it was “highly likely” that the SNP would seek a referendum on leaving the United Kingdom after Scotland voted strongly to “Remain”.
UK markets were roiling this morning, with the pound off more than 10% initially to its lowest point against the US dollar since 1985, while the FTSE 100 index took a huge hit in early trading before trimming losses to the 8 per cent mark. German Chancellor Angela Merkel termed the result a “terrible disappointment” and called for a meeting with the heads of the French and Italian governments on Monday to discuss next steps. | Read more.