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| Version 1 | Version 2 |
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| Obama: Brexit puts European integration project on hold | Obama: Brexit puts European integration project on hold |
| (35 minutes later) | |
| Britain’s decision to leave the EU has put the project of full European integration on pause, US President Barack Obama has said. | Britain’s decision to leave the EU has put the project of full European integration on pause, US President Barack Obama has said. |
| Obama told American media organization NPR on Tuesday that Brexit has led to an over-reaction across the globe. | Obama told American media organization NPR on Tuesday that Brexit has led to an over-reaction across the globe. |
| “There's been a little bit of hysteria post-Brexit vote, as if somehow NATO's gone, the trans-Atlantic alliance is dissolving, and every country is rushing off to its own corner. That's not what's happening,” he said. | “There's been a little bit of hysteria post-Brexit vote, as if somehow NATO's gone, the trans-Atlantic alliance is dissolving, and every country is rushing off to its own corner. That's not what's happening,” he said. |
| He added that he wouldn’t “overstate” this hysteria. | He added that he wouldn’t “overstate” this hysteria. |
| “I think that the best way to think about this is, a pause button has been pressed on the project of full European integration.” | “I think that the best way to think about this is, a pause button has been pressed on the project of full European integration.” |
| The US leader pointed at Norway, which is not an EU member but remains on friendly terms with the union. | The US leader pointed at Norway, which is not an EU member but remains on friendly terms with the union. |
| “If over the course of what is going to be at least a two-year negotiation between England and Europe, Great Britain ends up being affiliated to Europe like Norway is, the average person is not going to notice a big change." | “If over the course of what is going to be at least a two-year negotiation between England and Europe, Great Britain ends up being affiliated to Europe like Norway is, the average person is not going to notice a big change." |
| The UK's unprecedented decision to leave the EU has caused a furor across the world, with stocks plunging amid financial and political uncertainty. On June 23, at least 51.9 percent voted to leave the union. | The UK's unprecedented decision to leave the EU has caused a furor across the world, with stocks plunging amid financial and political uncertainty. On June 23, at least 51.9 percent voted to leave the union. |
| READ MORE: European markets rebound after two days of heavy losses | READ MORE: European markets rebound after two days of heavy losses |
| On Thursday June 23, 51.9 percent of Britons voted to leave the union, sparking turmoil in the UK and elsewhere. | |
| Friday saw London’s FTSE index lose $164 billion in the space of 10 minutes of trading, and on Monday the British pound plunged to its lowest level in almost 31 years. | |
| READ MORE: Scottish leader could ask local parliament to block UK exit from EU | |
| International rating agencies Fitch, Moody’s and Standard and Poor’s all downgraded Britain following the country’s vote to leave the EU. | |
| At the same time, Scotland has been strongly hinting at vetoing the referendum result, while London Mayor Sadiq Khan has demanded more autonomy for the capital. Khan’s statement came after a petition to make London an independent city-state attracted 175,000 signatures. | |
| READ MORE: Ice-Exit! Internet reacts to England’s shock defeat in Euro 2016 in typically taunting fashion | |
| In the EU, Brexit inspired politicians and activists to ponder similar initiatives. French National Front leader Marine Le Pen called for a referendum on leaving the EU, although her initiative was rejected by President François Hollande. | |
| In Finland over 10,000 people have already signed a freshly launched petition to hold a ‘Fixit’ referendum. Dutch anti-immigration politician Geert Wilders said the Netherlands had the right to a ‘Nexit’ vote, while across the Atlantic people in the US state of Texas have starting pushing for a – a Texas split from the USA – on social media. |