Today's World News
To Start off
France 'overtakes UK as world’s fifth largest economy' after pound plunges - FRANCE has overtaken the UK as the world’s fifth largest economy after the pound plunged to a 31-year low, with the vote to leave the EU reverberating across the world's financial markets.
The collapse is deeper than the UK suffered during the Winter of Discontent in 1978
In news that will be welcomed in Paris' financial sector, economists say Britain has dropped into sixth place in the wake of a vote for Brexit.
The development will ring alarm bells in the City, coming after ratings agency Standard and Poor's warned it would likely downgrade the country's triple A rating. Know more
Nicola Sturgeon says second Scottish independence vote 'highly likely' - Scotland's first minister has said a second independence referendum is "highly likely" after the UK voted to leave the EU.
Nicola Sturgeon said it was "democratically unacceptable" that Scotland faced the prospect of being taken out of the EU against its will. Know moreKnow more
David Cameron resigns as prime minister after Britain votes Brexit - David Cameron has resigned as prime minister after Britain voted to leave the European Union.
The prime minister, who backed a Remain vote, said Britain required "fresh leadership" to negotiate the country's exit from the EU. Know more
Spain: post-Brexit UK should drop Gibraltar - With thousands commuting from Gibraltar to Spain every day, García-Margallo y Marfil says Britain should cede the territory.
Spain’s Foreign Minister José García-Margallo y Marfil proposed shared sovereignty of Gibraltar, to be followed by its “restitution” to Spain, after the British territory voted overwhelmingly to remain in the EU while the U.K. overall voted to leave. Know more
Brexit wipes $70 billion from Australian sharemarket - BRITAIN’S exit from the European Union has sent shock waves through the Australian share market, wiping about $70 billion from the ASX.
Several world leaders have warned that a British exit, or Brexit, of the EU would lead to a recession with global spillover effects. Know more
EU parliament leader: we want Britain out as soon as possible - President Martin Schulz says speeding up of UK exit being considered after ‘continent taken hostage because of Tory party fight’
A senior EU leader has confirmed the bloc wants Britain out as soon as possible, warning that David Cameron’s decision to delay the start of Brexit negotiations until his successor is in place may not be fast enough. Know more
Sinn Fein's Martin McGuinness calls for border poll on united Ireland after Brexit - Northern Ireland's Deputy First Minister Martin McGuinness has called for a border poll on a united Ireland, after the UK has voted to leave the EU.
Support for the EU is considerably higher in Northern Ireland than the rest of the UK. Know more
Thousands of London banking job cuts to start next week as contingency plans kick in - If you perchance thought that your London banking job would be safe with Britain outside the European Union, you were wrong. Consultants working for leading strategy firms in London say banks have activated their contingency plans and that the London job cuts are about to come thick and fast. Know more
Petition for second EU referendum so popular the government site's crashing - It cites the result as too close given the turnout
The 48% of voters who wished to Remain in the European Union are so mortified by the Leave result that a parliamentary petition calling for a second referendum has been set up.
‘We the undersigned call upon HM Government to implement a rule that if the remain or leave vote is less than 60% based on a turnout less than 75% there should be another referendum,’ the petition, filed this morning, reads. Know more
There you have it our Hottest News of the day.
Now we're presenting to you our Top 5 Most funniest image of the day.
"Jesus take the wheel"
"Best business idea ever!"
"Bob again"
"Hard at work"
"You what?"
There you have it our Top 5 Most funniest image of the day.
Today's Historic Event
June 24th 1901
France Pablo Picasso
The first major exhibition of Pablo Picasso's artwork opens at a gallery on Paris' rue Lafitte, a street known for its prestigious art galleries.
That's all for today, Thank you.
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