23 June 2016
Brexit returns surprising so far...
This evening many sources, including the American BBC broadcast, admitted that the outcome of the voting was too close to call, but that insiders, pundits, and bookmakers were cautiously predicting a "remain" victory.
But at present (10pm CDT), with 57.6% of the vote tallied, "leave" is leading "remain" by 51.5% to 48.5%.
The pound is undergoing a severe fall, as are futures for the S&P 500 - currently implying a Dow average down 500 points at the open.
Live coverage at The Telegraph, The Guardian, and the BBC.
Fascinating. I'm going to be up late tonight.
Addendum: Live coverage on C-SPAN and on CNN International, and of course on BBC. And MSNBC. And CNBC. Birmingham results expected in 15 minutes, and probability of "leave" winning overall is now at 80%.
Pound/dollar has plunged 10%, to lowest level in 30 years ($1.35). And this is with London still asleep at 0430 there.
Scotland has voted - countrywide - to stay in the EU. So if the overall vote result is to "leave," the prospect arises that another referendum will be called to vote on Scotland leaving the UK.
72% voting turnout among the electorate puts the U.S. to shame by comparison.
Addendum: BBC and ITV have now "called" the election for "leave." Historic.
Addendum on the morning after: I was up until the wee hours last night listening to analysts on four different broadcasts. There is an immense amount to read this morning. As usual I start with the discussion threads at Reddit. Here are several of the top-rated ones:
Cameron to resign as PM
A thread for those from other countries
Miscellaneous viewpoints and comments
And one with some humor '"if other countries leave the EU." (credit for embedded image)
No blogging today - I'll be busy surfing the web and trying to peek at the future.