world news: The Fast Take from Supreme Lending: Brexit - 06/27/16 04:26 AM
On the United Kingdom’s vote to exit the European Union (a.k.a “Brexit”)
 
The Brexit vote is over, and 52 percent of UK citizens voted to exit the EU, leaving a lot of political and economic uncertainty in the UK, Europe and the rest of the world. The UK Prime Minister, David Cameron, has resigned and Boris Johnson is the leading candidate to replace Cameron.
 
We’ve addressed the potential upsides and downsides with Supreme’s Senior Vice President of Capital Markets, Steven Chiou.
 
Q: How will Brexit negatively impact economics globally?
A: Forty-four percent of UK exports go to EU countries. Those exports may now be subject … (0 comments)