Grassadellian leaders react to UK's vote to leave European Union
MAVOCKE -- A day after voters in the United Kingdom voted to withdraw Great Britain from the European Union, world leaders took in the scope of the decision amid a shaky reaction in the world's leading stock markets.
President Brenton Menuhaeo told the Collester press corps Friday morning the financial panic that swept across global markets was "exactly the kind of response I feared would happen" if Britons voted for the "Brexit," an abbreviation for "British exit."
The Brexit was approved narrowly, with 52% of Britons voting to leave and 48% voting to remain.
The decision will have "severe repercussions in the near future and lasting effects in the long-term," Mr. Menuhaeo said.
"I'm no economist, but you don't have to be one to know that any time you have a massive political shift such as this one, which affects trade deals and taxation, you have to know it's going to cause a major disruption to commerce and financial stability," said Mr. Menuhaeo.
Stock exchanges in London, New York, Tokyo and Grassadellia City saw major losses Friday, as investor confidence has been shaken amid the uncertainty of how the UK's exit from the 28-member nation alliance will proceed.
Finance Secretary Jay Goodling said Grassadellia will feel the impacts of the Brexit vote.
"In our globalized society, the economy is like a giant pond. And when something substantial like the Brexit vote happens, it's like throwing a large stone in that pond. The stone might have been thrown in on the opposite side of the pond but the ripples and waves from that stone still travel across to all parts of the shore," Goodling said.
Most Grassadellian politicians reacted with a cautious calm.
"This will definitely impact our economy here in Grassadellia, but it's too early to say it's a 'Doomsday' moment. The sky isn't falling yet," Trinton Sen. Tim Blakewell (N), chairman of the Senate Finance Committee, told the STAR Network.
Dana Glow (C), who serves as the ranking member on the Senate Finance Committee, said it's important not to panic.
"It happened. Yes they voted for it and the Brexit will take place. But the worst thing world leaders could do right now, CEOs and finance people could do right now, is panic and go in to hysteria mode. That will only worsen the situation," Glow told Reuters.
Grassadellian presidential candidates opined on the Brits' vote. Monomi Gov. John Densy (C) said he would have voted 'no' had he been able to, while POG Gov. Donna Almone (C) came under fire for not saying if she would vote for it.
"She's riding the fence (on Brexit) just like she does on most issues," Densy said of Almone, the leading CNS candidate. "I like Donna but sometimes I wish she'd pick a side and come down on one side of the line in the sand instead of having one foot on each side of the line."
On the NAT side, Damoign Gov. Rod Penora described the Brexit vote as "the dumbest thing (the UK) has done since Iraq," referring to the UK's joining forces with the United States during the Iraq War.
Jim McCaren, the former Foreign Affairs Secretary and current front runner NAT candidate, said he disagreed with the outcome of the vote but respected the will of the British voters.
"I don't agree w/ the outcome but I respect British voters' decision," McCaren tweeted.
He later said that while every country has the right to sovereignty and self-determination, a united Europe would be strongest.
"I recognize the frustrations of the British people. I understand the anger at the establishment and the political elites. But this decision divides Europe, which ultimately will weaken Europe economically, militarily, it will hurt national security and only add to the migration crisis," McCaren said.
Some Grass politicians were in support, however.
"The EU is nothing more than a collective of socialist, sovereignty-stealing states. The UK was right to secede from this terrible alliance," Conservative New Portsmouth Sen. Nadine Pietrasaelis wrote on her Facebook page.
Assembly Majority Leader Brandon O'Malley (C-Damoign) hailed the vote.
"The British are taking back their country. Now they can make their own laws without having to capitulate to the EU's ridiculous liberal policies. Each country should be able to make its own laws. The British took back their sovereignty, and now they can begin to repair the damage done by the EU and it's ill-conceived agenda," O'Malley said in a written statement.
Foreign Affairs Secretary Dawnelle Hunter-Garrett said Grassadellia will work closely with both Great Britain and the EU member countries.
"We strongly value our longstanding friendship with the United Kingdom and also our EU allies. We will work with both sides to help ensure a smooth transition and bring about stability," she said.
MAVOCKE -- A day after voters in the United Kingdom voted to withdraw Great Britain from the European Union, world leaders took in the scope of the decision amid a shaky reaction in the world's leading stock markets.
President Brenton Menuhaeo told the Collester press corps Friday morning the financial panic that swept across global markets was "exactly the kind of response I feared would happen" if Britons voted for the "Brexit," an abbreviation for "British exit."
The Brexit was approved narrowly, with 52% of Britons voting to leave and 48% voting to remain.
The decision will have "severe repercussions in the near future and lasting effects in the long-term," Mr. Menuhaeo said.
"I'm no economist, but you don't have to be one to know that any time you have a massive political shift such as this one, which affects trade deals and taxation, you have to know it's going to cause a major disruption to commerce and financial stability," said Mr. Menuhaeo.
Stock exchanges in London, New York, Tokyo and Grassadellia City saw major losses Friday, as investor confidence has been shaken amid the uncertainty of how the UK's exit from the 28-member nation alliance will proceed.
Finance Secretary Jay Goodling said Grassadellia will feel the impacts of the Brexit vote.
"In our globalized society, the economy is like a giant pond. And when something substantial like the Brexit vote happens, it's like throwing a large stone in that pond. The stone might have been thrown in on the opposite side of the pond but the ripples and waves from that stone still travel across to all parts of the shore," Goodling said.
Most Grassadellian politicians reacted with a cautious calm.
"This will definitely impact our economy here in Grassadellia, but it's too early to say it's a 'Doomsday' moment. The sky isn't falling yet," Trinton Sen. Tim Blakewell (N), chairman of the Senate Finance Committee, told the STAR Network.
Dana Glow (C), who serves as the ranking member on the Senate Finance Committee, said it's important not to panic.
"It happened. Yes they voted for it and the Brexit will take place. But the worst thing world leaders could do right now, CEOs and finance people could do right now, is panic and go in to hysteria mode. That will only worsen the situation," Glow told Reuters.
Grassadellian presidential candidates opined on the Brits' vote. Monomi Gov. John Densy (C) said he would have voted 'no' had he been able to, while POG Gov. Donna Almone (C) came under fire for not saying if she would vote for it.
"She's riding the fence (on Brexit) just like she does on most issues," Densy said of Almone, the leading CNS candidate. "I like Donna but sometimes I wish she'd pick a side and come down on one side of the line in the sand instead of having one foot on each side of the line."
On the NAT side, Damoign Gov. Rod Penora described the Brexit vote as "the dumbest thing (the UK) has done since Iraq," referring to the UK's joining forces with the United States during the Iraq War.
Jim McCaren, the former Foreign Affairs Secretary and current front runner NAT candidate, said he disagreed with the outcome of the vote but respected the will of the British voters.
"I don't agree w/ the outcome but I respect British voters' decision," McCaren tweeted.
He later said that while every country has the right to sovereignty and self-determination, a united Europe would be strongest.
"I recognize the frustrations of the British people. I understand the anger at the establishment and the political elites. But this decision divides Europe, which ultimately will weaken Europe economically, militarily, it will hurt national security and only add to the migration crisis," McCaren said.
Some Grass politicians were in support, however.
"The EU is nothing more than a collective of socialist, sovereignty-stealing states. The UK was right to secede from this terrible alliance," Conservative New Portsmouth Sen. Nadine Pietrasaelis wrote on her Facebook page.
Assembly Majority Leader Brandon O'Malley (C-Damoign) hailed the vote.
"The British are taking back their country. Now they can make their own laws without having to capitulate to the EU's ridiculous liberal policies. Each country should be able to make its own laws. The British took back their sovereignty, and now they can begin to repair the damage done by the EU and it's ill-conceived agenda," O'Malley said in a written statement.
Foreign Affairs Secretary Dawnelle Hunter-Garrett said Grassadellia will work closely with both Great Britain and the EU member countries.
"We strongly value our longstanding friendship with the United Kingdom and also our EU allies. We will work with both sides to help ensure a smooth transition and bring about stability," she said.
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