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In a referendum on June 23, 2016, the United Kingdom voted to leave the 28-nation European Union. The vote was extremely divided by geographic lines; Scotland and Northern Ireland voted to remain, while England and Wales voted to leave.
The leave vote had immediate geopolitical consequences. The day after the referendum, Prime Minister David Cameron announced his resignation and was replaced by former home secretary Theresa May in July. The British pound fell over 12% and the stock market plummeted, causing concern over the global economy.
Not surprisingly, Brexit (Britain's exit) received far more news coverage in international papers than U.S. papers. The majority of papers had a negative view of Brexit, highlighting adverse economic effects and the uncertainty it brings for Europe. For the most part, only major U.S. papers put the vote results and its impact on global markets on the front page. Several U.S. papers added a local angle, explaining how Brexit would negatively impact the local economy and tourism industry.
Front Pages June 24, 2016
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