Brexit update: Leave campaign leads race but undecided voters will determine the outcome of the EU referendum

David CAMERON, Prime Minister of the United Kingdom, at the European Council. Shoot location: Brussels – Belgium. Shoot date: 18/12/2015. Copyright: ‘The European Union’.

David CAMERON, Prime Minister of the United Kingdom, at the European Council. Shoot location: Brussels – Belgium. Shoot date: 18/12/2015. Copyright: ‘The European Union’.

The time has come and the British citizens will have to take the faith of their country in their own hands. In just over a week they will decide whether they want to stay or leave the European Union with the rest of the world to wait the outcome with great anxiety.

There have been several opinion polls during the last days and almost all show that the Leave campaign is leading but the undecided voters are the ones to determine the outcome of the EU-UK referendum. Some of the main issues that play crucial role and could influence UK citizens’ minds are the and the growth of the national economy.

Europe wants UK to stay

Will UK be a member of the EU after June 23? Nobody can be sure but that is something that the European leaders and officials want and are doing whatever they can to persuade the British people to stay within the “European family”. Donald Tusk warned that a Brexit vote will cause rise of anti-European power and create negative effects to both economies.

More specifically, the president of the European Council said: “As a historian I fear Brexit could be the beginning of the destruction of not only the EU but also Western political civilisation in its entirety. Every family knows that a divorce is traumatic for everyone. Everyone in the EU, but especially the Brits themselves, would lose out economically.”

What is more, Martin Schulz, the president of the European Parliament, mentioned that problems such as financial crisis, climate change, refugee crisis must be dealt at a European level “with more and better Europe” showing his clear support for the Remain campaign.

Polls reveal Brexit

There have been numerous opinion polls regarding the outcome of the EU-UK referendum with the main finding so far to be that the Brexit side has raised its percentage to a great extent reaching the Remain one.

The TNS online poll of 2.497 people which was published yesterday reveals that 47% of them want UK to leave the EU whereas 40% will vote to stay within the bloc. However, a considerable part of 13% still hasn’t decided or will not vote in the upcoming referendum.

Similar results were shown by the ORB online poll which gives to the Leave campaign a 10 point lead. Another online study (The Opinium) which was conducted in a sample of 2009 voters and published on June 12 for the Observer showed that both sides are close to 43-44% but the undecided voters consist of 13% of the total sample which makes things quite fragile.

Furthermore, the average of the six polls (both online and phone) conducted during the previous week show that both sides are close with the Remain one to maintain a small lead.

Possible UK exit causes financial markets’ volatility

The recent volatility of the world markets with the sterling to decline against almost all main counterparts experiencing a 1.1% decrease has raised serious concerns. The S&P 500 and MSCI World Index’s drop revealed also that the increase of Brexit’s probabilities have contaminated the financial world.

Nevertheless, UK is and will always be influencing the rest of the global markets with or without an EU-exit probability. There will always be uncertainties which will cause turbulences to the financial markets but eventually they will come back to normal in the long-run.

Besides, the European Central Bank (ECB) will pledge to support markets in the event of a Brexit scenario according to a senior central bank official who stated to Reuters that “there will be a statement to do whatever it takes to maintain adequate market liquidity.” The latter shows that the European mechanisms want to be ready in any case and several meetings have been scheduled especially on June 23 and 24 between Mario Draghi and his European peers.

Undecided voters will make the difference

The polls have shown that people are changing their minds according to the latest news and find it difficult to decide what is best for them. The percentage of people who has not yet decided if or what will vote is most likely to reveal the winner of the referendum. One thing is most likely to happen though. Undecided voters in general tend to support the side which preserves their status quo in fear of the unknown and in this case is the Remain side.

All in all, the coming days till the referendum will be crucial and both sides are about to make their last desperate efforts to persuade the remaining undecided Britons to vote in their favor by always looking for what the best for the UK.

the sting Milestone

Featured Stings

Can we feed everyone without unleashing disaster? Read on

These campaigners want to give a quarter of the UK back to nature

How to build a more resilient and inclusive global system

Stopping antimicrobial resistance would cost just USD 2 per person a year

‘You can and should do more’ to include people with disabilities, wheelchair-bound Syrian advocate tells Security Council in searing speech

UN urges protection of indigenous peoples’ rights during migration

Business leaders join UN to rev up sustainable development investments

THE COMMITTEES: ‘All roads lead to the Fifth’

Uzbekistan wins its long fight against malaria, as global rates continue to rise

Better understanding the psychological impact caused by the COVID-19 Pandemic

Competition: The European Commission launches a process to address the issue of collective bargaining for the self-employed

UN ready to rise above political fray and help Venezuelans based ‘on need, and need alone’

Overcoming the paralysis of trust management across a fractured IT landscape

Korea should improve the quality of employment for older workers

Debunked: 5 myths about the future of work

This man ran across the USA to raise awareness of plastic pollution

Sustainable development demands a broader vision, says new OECD Development Centre report

How AI can inspire doctors to be more inventive

Why a coronavirus vaccine takes over a year to produce – and why that is incredibly fast

Venezuela: ‘Shocked’ by alleged torture, death of navy captain, UN human rights chief urges ‘in-depth’ investigation

FIRST PERSON: An artist’s ‘obsession’ with New Orleans tradition

Air pollution: How to end the deaths of 7 million people per year?

Greening the Belt and Road is essential to our climate’s future

Glaringly false reassurances about the repercussions of the EU-US free trade agreement

Asia’s plastic problem is choking the world’s oceans. Here’s how to fix it

Slovakia and its failure to abide by the European law

Powering a climate-neutral economy: Commission sets out plans for the energy system of the future and clean hydrogen

Parliament elects the von der Leyen Commission

UN forum spotlights cities, where struggle for sustainability ‘will be won or lost’

World Migratory Bird Day highlights deadly risks of plastic pollution

Medical students of today, technological doctors of tomorrow

Children who exercise have more brain power, finds study

US now has most coronavirus cases in the world – Today’s coronavirus updates

The completion of the European Banking Union attracts billions of new capital for Eurozone banks

Amid troop build-up in Rohingya’s home state, UN appeals to Myanmar for peaceful solution

Draghi’s negative interest rates help Eurozone’s cohesion

Central America: drought, resulting crop losses threaten food security of two million people, UN warns

Brexit: the time has come for the UK to clarify its position

Barriers to trade: as protectionism rises, EU continues opening up export markets for European firms

UN chief extends condolences to families of China landslide casualties

How Islamic finance can build resilience to climate change

EU out to conquer African Union summit

Amid global ‘learning crisis’, Parliaments can ensure adequate resources for education, says UN Assembly President

Security Council extends mandate of UN Interim Force in Lebanon for a year

UN chief urges India and Pakistan to dial down tensions in wake of Kashmir attack

The impact of COVID-19 on the life of the elderly

A reflection of health inequity in recent epidemics

North-east Nigeria displacement crisis continues amid ‘increased sophistication’ of attackers, warns UN

We can meet the SDGs using the wisdom of crowds. Here’s how

On the Global Day of Parents, UNICEF is urging support for parents to give children ‘the best start in life’

Fair completion rules and the law of gravity don’t apply to banks

Why Europe is more competitive than the US

EU strengthens cooperation with Ethiopia

First-ever global conference of national counter-terrorism chiefs will strengthen cooperation, build ‘resilient’ States, says top UN official

‘Unconscionable’ to kill aid workers, civilians: UN Emergency Coordinator

How COVID-19 revealed 3 critical AI procurement blindspots that could put lives at risk

We need to talk about failure in the social sector

The West and Russia took what they wanted from Ukraine

Financial services are changing. Here’s how

9 climate tipping points pushing Earth to the point of no return

Climate change: Another year of record gas emissions, warns UN meteorological agency

EU will not deliver on promises without democratic accountability

What are we actually working for?

EU readies for eventual annulment of the Turkish agreement on immigrants-refugees

More Stings?

Advertising

Speak your Mind Here

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s