A major vote will go down in the UK on June 23: Will Britain leave the European Union…or stick around? The process is being dubbed ‘Brexit,’ and we have five fast facts you need to know about it right here.
After June 22’s referendum and vote, The UK may no longer be part of the European Union. Since the EU’s beginning, Britain has separated itself from the other nations involved, keeping border controls and its own currency, but now, there are citizens who want out completely. Learn everything you need to know about Brexit right here!
1. What IS Brexit?
Brexit is just a simple way of saying, “Britain’s exit from the European Union.” Those who want to stay believe that leaving would take a toll on the UK economically, while those who want to leave feel that Britain’s influence and independence has been diminished since the start of the EU in 1951.
2. Who can vote in the Brexit referendum?
Any British, Irish and Commonwealth citizen who lives in the UK is eligible to vote. Brits who have lived abroad for less that 15 years are also able to contribute their opinion, and as always, only those 18 and over can cast a ballot.
3. Who is Jo Cox and what does her death have to do with this?
Parliament member Jo Cox, who was for Britain staying in the European Union, was assassinated last week, intensifying this whole situation. When her killed identified himself in court, he said, “My name is death to traitors, freedom to Britain,” and campaigning was suspended for a few days. It’s unclear exactly what affect this will have on the referendum, but is expected to have some influence.
4. What affect will this have on Europe and the world?
Those who are paranoid over this situation are worried that Britain’s exit could cause a chain reaction, leading other countries, like Germany and France, to follow suit. The union was created to prevent war, and no World War has happened since it was formed, so another one happening is obviously a longterm fear. A more immediately worry, though, is that if Brexit hurts Europe’s economy, the global economy could be affected as well.
5. Will this actually happen?
The night before the referendum, the British better market, Betfair, predicted only a 30 percent chance of a Brexit happening. However, other polls show a much closer vote. A similar referendum was held in 1975, and more than 67 percent of voters voted toward staying.
HollywoodLifers, how do you think the vote will go?