Britain's Surprising Decision To Leave The European Union Roils Global Markets

Meera Dolasia
Wed, 29 Jun 2016 08:56:55 -0700

On June 23, residents of the four countries that make up the United Kingdom (UK)— England, Scotland, Northern Ireland, and Wales — went to the polls to determine if the country should leave the European Union (EU). Most experts believed that Britons would make the “sensible” decision and vote against what has popularly been dubbed “Brexit.” After all, the benefits of remaining with the world’s largest economy far outweigh the drawbacks. But the experts were wrong!