On Thursday, June 23rd, Great Britain held a historic vote to determine whether or not to stay in the European Union (EU). The count was close, but those who wanted to leave the EU won out. The process to actually leave may take quite a long time to iron out. Meanwhile, what effect this will have on Britain’s economy, including the value of pound sterling, remains to be seen.
As a result of the voting outcome, British prime minister David Cameron turned in his resignation, saying the country needs “fresh leadership” to move ahead.
These links are a great place to start to learn more. Keep a look out for news and analysis of the situation as the story develops.