Obama Urges ‘Blood Brother’ Britain Not to Leave the EU

U.S. President Barack Obama made an impassioned appeal on Friday for Britain to remain in the European Union, saying membership had magnified Britain’s place in the world and made the bloc stronger and more outward looking.

Fearful that a British exit could weaken the West, Obama arrived in London to tell Britons that issues such as terrorism, migration and economic slowdowns could be tackled more successfully with the UK in the EU.

In approaching such a divisive issue, he invoked the interlinked history of the two countries and the tens of thousands of Americans lying in European war graves as his reason for speaking as “a friend” on the June 23 referendum.

“The European Union doesn’t moderate British influence – it magnifies it,” he wrote in the Daily Telegraph newspaper.

Reuters

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Craig Erlam

Craig Erlam

Senior Market Analyst - UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a Market Analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and BNN. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
Craig Erlam