Brexit: an update 50 days before the referendum

The referendum will be taking place Thursday 23 June. British, Irish and Commonwealth citizens over 18 who are residents in the UK as well as UK nationals living abroad will respond to the question, "Should the United Kingdom remain a member of the European Union or leave the European Union?"

The main supporters for the UK to remain in the EU are Prime Minister David Cameron, chancellor George Osborne, the Labour Party, the Scottish National Party, the Liberal Democrats and Plaid Cymru (Whales National Party).

International leaders like Barack Obama also wants the UK to remain in the EU, nations like France and Germany also prefer this.

If the UK decides to stay a series of changes will be implemented into UK's EU membership. This is an agreement David Cameron secured with other EU leaders. According to him it will take effect immediately if the majority vote is to remain in.

The main point of this deal are: Keeping the Pound, the UK would never join the euro. Migrant welfare payments will be reduced as a measure to halt the people going to Britain, child benefit payments will be kept.

There will also be safeguards for Britain's financial service to prevent eurozone regulations to be imposed. Also, for the first time it will be clear the UK will be running its own affairs without taking into consideration a move towards a closer union.

“We are out of the things we don’t want to be in: the euro; we are out of the no borders agreement; we’re now out of ever-closer union. We keep the full access and the say over the single market, and the political co-operation to keep the people of our country safe.” said David Cameron to the BBC after this negotiations.

On the other side, the Vote Leave campaign is being lead by former Conservative chancellor Lord Lawson. Dominic Cummings is running the campaign and UKIP's only MP, Douglas Carswell is also an important figure. The mayor of London Boris Johnson and Justice secretary Michael Gove are also supporting the campaign.

Their arguments rely on the EU being an obstacle for the UK economy because they impose too many rules on businesses. Also they claim the EU charges the UK billions of pounds a year for little in return. Another reason is migration control. With a Brexit Britain would regain control over its borders and reduce the number of foreigners working in the UK.

According to the Financial Times if the Leave campaign wins there are ways their free trade and friendly co-operation could work. Despite EU leader have said to strike a bargain if UK leaves.

There is possibility for joining the European Economic Area agreement that would give access to the EU single market but it would be bound by agriculture, fihseries, judicial or foreign affairs policy.

Michael Gove's argument is the EU has failed, he said the following as soon as the Brexi referendum was announced:

"The euro has created economic misery for Europe's poorest people. EU regulation has entrenched mass unemployment. EU immigration policies have encouraged people traffickers and brought desperate refugee camps to our borders. Far from providing security in an uncertain world, the EU's policies have become a source of instability and insecurity."

Polls suggest this will be a split decision.  On June 23 polls will be closing at 10pm. Overnight counts will develop in 232 centers across the UK. The final result will be announced it Manchester town hall by a chief counting officer.

Regardless the result, Cameron has announced he will not resign.

LatinAmerican Post | María Andrea Marquez

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