Revised - February 1, 2017
Brexit, the shorthand notation for Britain's exit from the European Union, may have long-standing repercussions on the global economy, particularly on the technology services market.
Upholding the electoral manifesto of Britain's Conservative Party, the then Prime Minister, David Cameron, scheduled an advisory referendum on June 23, 2016, where Britain voted to leave the European Union ("EU"). Immediate reactions that followed the voting were a mixed series of tears and cheers from across the global financial and business markets.
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