26 Jun '16, 4pm

Brexit and the energy equation: The fretting in the financial markets after Great Britain’s voters ...

The fretting in the financial markets after Great Britain’s voters narrowly decided to leave the European Union (EU), a move dubbed Brexit, was less about immediate effects–there aren’t any since it would take Britain up to two years to withdraw –and more about a foreboding that other countries will want out, too . In addition, some think it likely that Scottish independence will once again be on the agenda . Scots were heavily in favor of remaining in the EU . Centrifugal political forces are bad for business since they spell uncertainty and ultimately disruption if they come to fruition as they did in Britain regarding the EU. And, Britain, of course, isn’t the only country in Europe facing breakaway movements. The people of Spain’s Catalonia region have for some time sought a referendum on independence from Spain. Only last year Catalan separatists won a majority in the...

Full article: http://peakoil.com/publicpolicy/brexit-and-the-energy-equ...

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