Brexit: What the world's media has to say about the UK's referendum result

 'Look at the result this way, it was not the most logical, rational or desirable, but it was the most obvious'

Siobhan Fenton,Matt Payton
Friday 24 June 2016 16:55
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As global financial markets have been affected, news outlets around the world have proffered their opinions
As global financial markets have been affected, news outlets around the world have proffered their opinions

Countries around the world are reacting to the news that the UK has voted to leave the EU.

Following a decisive victory for Brexit, David Cameron has announced his resignation, markets are in free fall and Nigel Farage has proclaimed "dawn is breaking on an independent United Kingdom."

Now, politicians in other EU countries are calling for referendums of their own. French right-wing leader Marion Le Pen is leading calls for a "Frexit" or French-exit.

Not only will today's result represent seismic change in British politics, but its effects will be felt in countries around the world.

Here's how some of the main international newspapers are covering Brexit and what it means for both the UK and wider world.

France

Leading French broadsheet Le Monde says: "Panic ripples through European finances after Brexit"

The paper also predicts a 'crise constitutionnelle' or constitutional crisis for Scotland.

Every region in Scotland voted to support Remain, prompting concerns a second independence referendum could now be on the cards.

United States

With Wall Street directly affected by the result of the EU referendum, the country's leading news outlets discussed the global financial implications of Brexit and the possible reasons for the radical decision.

The New York Times ran with headline 'Populist anger upends politics on both sides of the Atlantic'. The paper linked the success of the Leave campaign and Trump's charge for the White House.

Boston Globe's editorial said analysed Brexit as "Britain plays with fire, gets burned".

The Massachusetts paper said the EU referendum campaigns "wallowed in economics and emotion" instead of concentrating on the greatest achievement of a united Europe - peace.

India

Times of India's leading article on Brexit discussed the fallout on Dalal Street in Mumbai, the location of the Bombay Stock Exchange.

While detailing the dips in all global markets, the article stated the rupee, too, plunged 96 paise against the US dollar.

In addition to the standard coverage, the Indian Express expressed the real issues facing India are not the ripple effects of Brexit but domestic problems such as "a choked credit system and banks laden with bad debt".

Russia

In Russia, broadcasters have announced the result is a sign of British independence.

Pravda entitled its response as "Brexit: The Collapse of Europe", describing the European Union as "Brussel's evil empire" and the UK's decision to leave the first salvo in its destruction.

TASS news agency observed the resolve of many leaders of EU member states who have vowed to "maintain the bloc's unity".

Germany

In Germany, Bild editor refers to the paper's cover yesterday which went viral after jokingly pledging to concede Wembley to the British in exchange for staying in the EU.

He tweeted: "No comfort in not having to concede Wembley to the Brits. Just sadness."

Meanwhile, in a sharp change from yesterday's jovial front page, Bild dubs the result "Europe's darkest day" or "Europas schwarzer Tag."

Spain

In Spain, a column leader wrote: "look at the result this way, it was not the most logical, rational or desirable, but it was the most obvious" / "consideremos que la decisión de los votantes igual no era la más racional, lógica ni conveniente, pero quizá sí la más obvia."

El Pais observed how the mainstream party leaders are using Brexit to warn against the campaign for Catalan region's independence.

The piece stated how Socialist Party leader Pedro Sánchez said the UK leave campaign's victory highlighted what happens when populist sentiment is stirred up by an "irresponsible right".

Ireland

In Ireland, a leader writer calls Brexit a "nightmare". The result is expected to impact heavily on Ireland which conducts most of its trade with the UK. There are also security concerns amid fears Brexit could destablise the Northern Irish peace process.

Both the Irish Times and the Irish Independent have looked at the Irish government's reaction to Brexit such as the contingency plan Taoiseach Enda Kenny had set up in case the Leave campaign won.

The Irish Independent reinforced the logical conclusion that the country outside the United Kingdom most affected by Brexit will be Ireland and its economy.

In an Irish Times column, Fintan O'Toole described Brexit simply as an "English nationalist revolution" as "stiff upper lips part and release wild and inarticulate cry of rage and triumph".

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