The UK voted to leave the European Union after a bitterly divisive referendum campaign, toppling the British government, sending global markets plunging Friday and shattering the stability of a project in continental unity designed half a century ago to prevent World War III.
A stunned EU on Friday urged Britain to leave as "soon as possible" amid fears the devastating blow to European unity could spark a chain reaction of further referendums.
The UK's shock vote to leave the European Union has divided the country geographically, as well as between generations, between cities and rural areas and between Britons with and without a university education, analysts said.
The pound collapsed and world stock markets descended into pandemonium Friday after Britain's shock vote to leave the European Union, fueling a wave of global uncertainty.
Global banks sought to reassure investors and clients Friday that they will absorb the impact of Britain's vote to leave the EU, with U.S. giant JPMorgan warning that financial sector jobs may leave Britain.
Britain's vote to become the first country to leave the EU is a shattering blow that threatens the survival of the post-war European project, officials and analysts said.
Britain's decision to quit the world's largest single market presents China with a golden opportunity to seek better business terms with a more isolated UK, analysts said Friday, pointing out that London has not had its own trade negotiators for 40 years.
LONDON -- The British pound seesawed wildly Friday and betting markets dramatically shortened the odds on Britain leaving the European Union as increasingly mixed signals challenged earlier market anticipation of a narrow victory for "remain."
Financial markets and bookmakers put their money on Britain's voting to remain a part of the European Union on Thursday in a historic referendum that threatens to undermine the experiment in continental unity launched in the aftermath of World War II.
FRANKFURT - Vandals have destroyed a mural in Germany dedicated to a Syrian toddler who drowned last year trying to reach Europe with his family, police said Thursday.