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

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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 Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.
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