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

Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.

Former Craig

Former Craig

Former 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 SKY News. 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.