Brexit is reality now! Here's how it will impact you & others

THE ECONOMIC TIMES Fri, Jun 24, 2016 | 05:39 PM IST ET Special Newsletter

Brexit it is! Britain has voted to leave the European Union, the vote will initiate at least two years of messy divorce proceedings with the EU and cast doubt on London's future as a global financial capital.

Brexit: When the world is jittery, India has reasons to smile  If you can afford to survive this knee-jerk response of the market with a little bit of patience, without fear and anxiety, better things are in store for you in future. Why has Britain opted out of the European Union? With Britain becoming the first nation to opt out of the EU, here is a look at the possible reasons for the historic referendum that has shaken the world. Brexit: Five immediate implications As Britain leaves the European Union and amid a lot of uncertainties, fears and hopes, here are the immediate likely fallout of Brexit.

FEATURED

Is this another Lehman moment? Maybe, but India will come off better Is Brexit likely to bring about gut-wrenching change and turmoil for world economies and markets like the collapse of Lehman Brothers did in 2008? read more...

More Stories

What now? Brexit win sets stage for two years of bitter talks Securing a comprehensive free-trade deal that keeps that flow moving in both directions without tariffs will be manufacturers' top priority. Sleepwalking markets stumble on Brexit as complacency has been blown into pieces The paranoia, even an element of xenophobia whipped up in aggressive campaigns, cannot be wished away with the belief that things will fall in place. What Brexit could mean for the UK economy In bonds, strategists think gilt yields could fall to new all-time lows of 1 per cent and the 10-year US Treasury yield could drop as much as 30 basis points. Brexit's made Britain a whole lot cheaper for tourists Of course, there are a lot of complications to wade through following Brexit. It's no small matter that there's potential for a recession, a broad consumer slowdown, and a big falloff in confidence. Brexit deep impact: Which sectors, stocks will take the hardest knock Experts say Brexit might not only hit overseas portfolio flows, but also impact several domestic industries such as IT, pharma, metals, auto and capital goods. How UK could remain in EU despite a vote to leave Abandoning EU could mean anything from a sweeping withdrawal from EU institutions to more limited opt-outs which could leave major pillars of European integration. Anatomy of Brexit: A divided kingdom With Britain's exit from the European Union following a much awaited referendum, here is a closer look on the rocky relations between the countries forming UK. Next steps for European Union after Brexit With the stability of the global economy at risk, the European Central Bank is widely expected to make a statement to reassure markets. Can the European Union survive Brexit? Loss of Britain will at the very least force major changes on an embattled bloc already struggling to deal with growing populism, a migration crisis and economic woes. Why & how Brexit happened: A complete coverage The vote will initiate at least two years of messy divorce proceedings with the EU and cast doubt on London's future as a global financial capital.

More Newsletters

ET Mutual Fund A weekly round-up of the top news and views from the mutual fund industry

Markets Watch Round up of stock, currency, bond, money and real estate market

ET Investment Opportunities Property, Stocks, IPOs, NFOs, Mutual Funds and latest investment options in your inbox

Wealth Weekly news on personal finance, stocks, property, gold, tax planning and more

View All

Follow Us on ET:

About us|Advertise with us|Terms of Use|Privacy Policy|Feedback|Sitemap|Code of Ethics © 2016 Times Internet Limited.

To ensure delivery directly to your inbox, please add etnotifications@indiatimes.com to your address book today. If you are having trouble viewing this newsletter, please click here

To unsubscribe or edit your subscriptions please click here