Image provided by: University of Oregon Libraries; Eugene, OR
About East Oregonian : E.O. (Pendleton, OR) 1888-current | View Entire Issue (June 25, 2016)
Saturday, June 25, 2016 BREXIT East Oregonian Page 9A Markets reel as world absorbs Brexit shock Prime Minister Cameron to resign LONDON (AP) — Britain has jumped. Now it is wildly searching for the parachute. The U.K.’s unprecedented decision to leave the European Union sent shockwaves through the country and around the world Friday, rocking inancial markets, toppling Prime Minister David Cameron and even threatening the ties that bind the United Kingdom. Britons absorbed the overwhelming real- ization that their anti-establishment vote has pushed the British economy into treacherous and uncertain territory and sparked a profound crisis for a bloc founded to unify Europe after the devastation of World War II. “Leave” campaigners hailed the result as a victory for British democracy against the bureaucratic behemoth of the EU. Conservative former London Mayor Boris Johnson said “the British people have spoken up for democracy in Britain and across Europe,” while Nigel Farage, leader of the hard-right U.K. Independence Party, said “the dawn is breaking on an independent United Kingdom.” But for the 48 percent of British voters who wanted to remain — and for the 2 million EU nationals who live and work in Britain, but could not vote — there was sadness, anger and even panic. At a London train station, commuter Olivia Sangster-Bullers called the result “absolutely AP Photo/Daniel Ochoa de Olza disgusting.” A journalist stands in front of the main display at the Stock Exchange in Madrid, Spain, Friday. Stocks plunged Friday after “Good luck to all of us, I say, especially Britons voted to leave the European Union. those trying to build a future with our chil- back control of immigration — by abandoning Leaders from across the EU voiced regret Christine Ullmann, a German who worked dren,” she said. The decision launches a yearslong process the bloc’s principle of free movement among on the campaign urging other Europeans to inlected with anger at the British decision. to renegotiate trade, business and political member states — and reclaiming billions that “Hug a Brit,” expressed a widespread sense Germany called top diplomats from the EU’s six founding nations to a meeting Saturday, of sadness and loss. links between the U.K. and what will become the U.K. pays to Brussels each year. “Remain” supporters said this was a fantasy “What about Brits who believe in the and the president of the European Council, a 27-nation bloc, an unprecedented divorce that could take a decade or more to complete. of sovereignty in an interconnected world, goodness of their society who ind themselves Donald Tusk, said the bloc would meet Cameron, who had led the campaign to one that ignored the beneits the EU, and EU in a society where they can’t travel and work without Britain at a summit next week to freely in Europe?” she said. “I feel really sad assess its future. Tusk vowed not to let the keep Britain in the EU, said he would resign workers, bring to Britain. But for many “leave” for them. They’ve lost more.” vote derail the European project. by October and left it to voters — who tended to be “What doesn’t kill you, makes you London Mayor Sadiq Khan reassured the his successor to decide older, less well-educated 1 million Europeans in the capital that they stronger,” he said — but noted that there was when to invoke Article 50, Britain exits EU and less well-off than the were “very welcome here.” “no way of predicting all the political conse- which triggers a departure other side — the vote was “We all have a responsibility to now quences of this event, especially for the U.K.” from European Union. UK voted in a historic refer- reclaiming a birthright. Cameron’s largely self-inlicted downfall seek to heal the divisions that have emerged “I will do everything endum to leave the “It’s a vindication of was a political tragedy of Shakespearean throughout this campaign — and to focus on I can as prime minister European Union, according 1,000 years of British what unites us, rather than that which divides proportions. He called the referendum largely to steady the ship over to tallies of official results. democracy,” 62-year-old us,” he said. to silence euroskeptic challengers, then the coming weeks and Jonathan Campbell James staked his reputation on keeping Britain in the Britain would be the irst major country to months,” a somber Leave 52% declared at the train station leave the EU, which was born from the ashes EU, warning voters on the eve of the refer- Cameron said outside 10 in Richmond, southwest of World War II as European leaders sought endum that their choice would be irreversible: Remain Downing St. “But I do not 48 London. “From Magna to build links and avert future hostility. With “You can’t jump out of an airplane and then think it would be right for 72 percent voter turnout. Carta all the way through no precedent, the impact on the single market clamber back into the cockpit.” me to try to be the captain to now, we’ve had a slow of 500 million people — the world’s largest His resignation announcement sparks a that steers the country to AP evolution of democracy, economy — is unclear. Conservative leadership battle in which Boris its next destination.” and this vote has vindi- The result triggers a new series of negoti- Johnson is a leading contender. He also said he had Former Business Secretary Vince Cable spoken to Queen Elizabeth II “to advise her of cated the maturity and depth of the democracy ations expected to last two years or more as in our country.” Britain and the EU search for a way to sepa- said Cameron had made a monumental polit- the steps that I am taking.” The vote also represented a cultural and rate economies that have become intertwined ical misjudgment that would now haunt him. In a referendum marked by notably high “There was a chronic failure to understand turnout — 72 percent of the more than 46 political populism stirring across Europe and since the U.K. joined the bloc on Jan. 1, 1973. Until those talks are completed, Britain will what can happen when you just throw the million registered voters — “leave” won with beyond. cards in the air,” Cable said. Populist politicians including France’s remain a member of the EU. 52 percent of the votes. Stock markets plummeted around the Marine Le Pen and the Netherlands’ Geert world, with key indexes dropping more than Wilders hailed the result and called for similar 12 percent in Germany and about 8 percent in anti-EU votes in their countries. KƌĞŐŽŶƩŽƌŶĞLJ'ĞŶĞƌĂů^ĞƩůĞŵĞŶƚEŽƟĐĞ Donald Trump praised the decision during Japan and Britain. Markets calmed and later recovered some of their losses after Bank of a visit to one of his golf courses in Scotland, England Governor Mark Carney promised saying Britons “took back their country.” He to take “all the necessary steps to prepare for compared the vote to the U.S. sentiment that has propelled him to presumptive Republican today’s events.” The Dow Jones industrial average dropped presidential nominee, saying “people are 611 points, or 3.4 percent, its biggest fall since angry all over the world.” President Barack Obama said he talked August. The euro fell against the dollar and the to Cameron and believes the British voters’ pound dropped to its lowest level since 1985, decision speaks “to the ongoing changes and plunging more than 10 percent from about challenges that are raised by globalization.” The divisions exposed by the referendum $1.50 to $1.35 before a slight recovery, on concerns that severing ties with the single threaten to unstitch the complex fabric of the PARA UNA NOTIFICACION EN ESPANOL, market will hurt the U.K. economy and under- United Kingdom of England, Scotland, Wales LLAMAR O VISITAR NUESTRO WEBSITE. mine London’s position as a global inancial and Northern Ireland. Scottish First Minister Nicola Sturgeon center. Please read this notice carefully The referendum result revealed Britain to said “Scotland has voted to stay in the EU,” be a sharply divided nation: Strong pro-EU and a new referendum on independence from Oregon Attorney General Ellen Rosenblum iled a lawsuit votes in the economic and cultural powerhouse the United Kingdom is now “highly likely.” against several manufacturers of liquid crystal display (“LCD”) of London and semi-autonomous Scotland Scotland voted in 2014 to remain a part of the were countered by sweeping anti-establish- U.K., but that decision was seen by many as lat panels for illegal price ixing. The Attorney General has ment sentiment for an exit across the rest of conditional on the U.K. remaining in the EU. settled with all Defendants for a total of $21,505,000, and eligible The EU exit would also complicate the England, from southern seaside towns to consumers are entitled to money back! rust-belt former industrial powerhouses in the status of Northern Ireland, which shares a border with the Republic of Ireland, an EU north. tŚŽ/Ɛ/ŶĐůƵĚĞĚ͍ For many who voted “leave,” the act was member. Irish nationalists used the result to a rebellion against the political, economic call for an all-island referendum to reunite the If you purchased a lat panel TV, monitor or laptop with an and social establishment and the derided two parts of Ireland after 95 years of partition LCD lat screen in Oregon between 2002 and 2006, you may “experts” — including CEOs, artists, scientists into an independent south and British north. But nothing matched the shock of many be entitled to money! The device must have been purchased and soldiers — who had written open letters warning of the consequences of an EU exit, or in the capital, London, where more than 10 from someone other than the company that manufactured the lat percent of the population is from the EU, and Brexit. panel component, such as from an electronics retailer or a device Pro-Brexit voters were persuaded by the which voted by a large margin to remain in manufacturer other than one of the Defendants. The purchase argument that leaving the EU meant taking the EU. ŝĚzŽƵƵLJds͕DŽŶŝƚŽƌ͕Žƌ>ĂƉƚŽƉ tŝƚŚŶ>&ůĂƚWĂŶĞů^ĐƌĞĞŶ ĞƚǁĞĞŶϮϬϬϮŶĚϮϬϬϲ͍ zŽƵDĂLJďĞŶƟƚůĞĚƚŽDŽŶĞLJĂĐŬ͊ ůĂŝŵƐĞĂĚůŝŶĞ͗^ĞƉƚĞŵďĞƌϮϬ͕ϮϬϭϲ͘ must have been for personal use, not business use. tŚĂƚƌĞDLJZŝŐŚƚƐŶĚKƉƟŽŶƐ͍ File a claim: Consumers need to ile a claim to obtain beneits in this settlement. Claims can be completed online at www.OregonScreenSettlement.com or by mailing the claim form, available for download at the website, to the Settlement Administrator. The deadline for iling claims is September 20, 2016. State and local government entities will receive a share of the settlement automatically and do not need to ile a claim. ,ŽǁŽ/'ĞƚDŽƌĞ/ŶĨŽƌŵĂƟŽŶ͍ More information about the lawsuits and settlements, the claims process and the claim form can be found at www.OregonScreenSettlement.com, by calling 1-877-940-7791, or writing to: Oregon LCD Settlement, c/o GCG, P.O. Box 10240, Dublin, Ohio 43017-5740. This Notice is an oficial legal notice of the Oregon Department of Justice ϭͲϴϳϳͲϵϰϬͲϳϳϵϭ ǁǁǁ͘KƌĞŐŽŶ^ĐƌĞĞŶ^ĞƩůĞŵĞŶƚ͘ĐŽŵ
