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Director / Editor: Victor Teboul, Ph.D.
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British Pound Takes Pounding as World Markets Tumble on Brexit Vote

Britain’s historic decision to leave the European Union sent shockwaves through global markets Friday, plunging stock prices and wrangling currencies. Futures for markets in Europe and the United States are predicting that stocks could plummet sharply there as well when indexes open. As the vote shifted sharply in support of the Brexit, the British pound had its worst fall on record, tumbling to a 31-year low against the U.S. dollar on the results. The carnage was spread widely across...


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