1) The British pound plummeted to a 31-year low. Tumbling more than 10%, the pound fell to $1.33 at one stage, reported BBC. The nosedive is one of the biggest one-day falls in history.
2) Global markets are in chaos, reported CNBC. Japanâ€™s Nikkei 225 was plummeted by 8% , and Dow future down by 650 points. In India, the BSE Sensex tanked by over 1050 points, while the valuation of all listed companies lost almost Rs 4 lakh crore, reported The Hindu.
3) British Prime Minister David Cameron future is in doubt following the Brexit vote. Cameron is under pressure to resign, having backed the â€śRemainâ€ť vote, reported Independent. While more than 80 Conservative MPs have urged him to stay on regardless of the vote, opposition leaders said it would be hard with â€śhis reputation on the lineâ€ť.
4) While voters in England voted to â€śLeaveâ€ť, Scotland and Northern Ireland voted â€śinâ€ť. Scotland could likely call for another independence vote, reported Telegraph. First Minister Nicola Sturgeon said â€śScotland sees its future as part of the EUâ€ť. Northern Ireland could also call for a breakaway from the UK.
5) Majority of voters in the Netherlands want a referendum on the EU, reported Telegraph. EU leaders fear a string of copycat polls on account of Brexit. Right-wing parties in Italy and France have also declared that they would demand a referendum.