Sadiq Aman Khan, 46 is a British politician who has been elected as the new Mayor of London in May 2016. Coming from a middle class Pakistani Parents, Khan made this journey with his leadership, dedication and humility. He was the Member of Parliament (MP) for Tooting from 2005 to 2016. A member of the Labour Party, he is situated on the party's moderate left and has been ideologically characterised as social democrat. He succeeded Conservative Mayor Boris Johnson. His election as Mayor of London made him the city's first ethnic minority mayor, and the first Muslim to become mayor of a major Western capital. Khan holds the largest personal mandate of any politician in the history of the United Kingdom, and the third largest personal mandate in Europe. Khan is a devout Muslim, who refrains from drinking alcohol, but he has often explained that his faith is just one facet of his character. “We all have multiple identities: I’m a Londoner, I’m British, I’m English, I’m of Asian origin, of Pakistani heritage, I’m a dad, I’m a husband, I’m a long-suffering Liverpool fan,” he said.
It's indeed a remarkable feat showing how the British mentality has changed over the centuries!!
The British people have voted to leave the European Union after a historic referendum in which they rejected the advice of the main Westminster party leaders and instead took a plunge into the political unknown.
The decision in favour of Brexit, following a bitterly close electoral race, represents the biggest shock to the political establishment in Britain and across Europe for decades, and will threaten the leaderships of both the prime minister, David Cameron, and the Labour leader, Jeremy Corbyn.
Speaking at a party in Westminster, the Ukip leader, Nigel Farage, declared Friday the UK’s “independence day”, and said the referendum result was a “victory for real people, a victory for ordinary people, a victory for decent people”.
Farage called for Cameron to be replaced immediately. “We have to have a Brexit prime minister,” he said. He also demanded a national public holiday on 23 June to mark the Brexit vote.
Jeremy Corbyn, the Labour leader, said the British people had made their decision and called for article 50 – the clause that allows the UK to leave the European Union – to be invoked straight away. He told the BBC: “Many communities are fed up with cuts and economic dislocation and feel very angry about the way they have been betrayed and marginalised. My point was we had to have an alternative to austerity and greater resources going into areas where there have been huge changes.”
Intolerance, racism and terrorism has no colour, creed or nationality. This once again proved with the murder of Jo Cox. Jo Cox, a member of the British parliament, has died after being shot in a village near Leeds.
The BBC reports that Cox was both stabbed and shot in the attack. The broadcaster says a man has been arrested and police are not looking for any other suspects.he wake of the attack on Cox, the intense campaigning over the issue has been suspended.Cox was campaigning for the "remain" side, the AP reports, while noting that it's unclear if the attack was related to the EU debate.
Economists at the Center for Economic Performance (CEP), part of the London School of Economics, calculated the UK could suffer income falls of between 6.3 per cent to 9.5% of GDP, similar to the loss resulting from the global financial crisis of 2008-09. That is under the researchers’ pessimistic scenario, in which the UK is not able to negotiate favourable trade terms. Under an optimistic scenario, in which the UK continues to have a free trade agreement (FTA) with the EU, losses would be 2.2% of GDP.n 2012, the UK economy made payments of £16.4bn, just over 1% of GDP , to EU institutions, says Bootle. On the other hand, the UK government received a rebate on its contributions to the EU budget of £3.1bn and £0.9bn in other receipts. The private sector received £2.9bn from EU institutions. So overall, the UK paid a net £9.6bn into the EU, about 0.6% of nominal GDP. The pro-Europe thinktank, the Center for European Reform (CER), says that although the UK is a net contributor to the EU, after Brexit the country would face pressure to replace EU regional funding and agricultural subsidies with domestic spending. There would also be a dent to the public finances if immigration is cut upon exit, given migrants are large net contributors to the Treasury and rejuvenate Britain’s ageing population, according to a report by a CER committee last year.
The UK may become less influential both in terms of her political and financial standing in the international arena if it is not part of the EUTrade relationships with EU member states may be harmed. Similarly the trade with third countries which have preferential trade partnership with the European UnionThe UK status as world leading financial center could be jeopardise. Frankfurt or Paris could attract many of the investors who so far have made of London their hub. Europe could impose stricter regulation for capital flows towards the CitySpillover effect: Europe may get hit by the Brexit scenario. A loss of trust from investors in Europe could be one of the negative consequences of Brexit. Many Europeans would accuse the British government of being irresponsible for having triggered an European crisis and this could damage the image of the United Kingdom abroad. It would take months of negotiations to break up with the EU.
Hundreds of treaties should be revisit and that would have a great cost. Millions spent in lawyers, analysts and thousand of hours of work spent by British political leaders and public officers simply disentangling the UK legislative corpus from that of the EU. British citizens would find more bureaucratic barriers if they want to live or work in other EU member states.
A UK outside the EU would have the capacity to better control its immigration and prioritize British citizens over the citizens of other European states. With the increased sovereignty the British government could also apply enhanced counter-terrorist measures, which currently may be challenged by European legislationWill Europe collapse? What is the future of the EU? Many are pessimistic about Europe. The UK could become an attractive investment center outside the EU if the European project collapses. London could be a safe haven for investors trying to escape from the uncertainties surrounding the EUPro-Brexit leaders claim that Britain could fare as well as Norway outside the EU.
The writer, a banker by profession, has worked both in local and overseas market with various foreign and local banks in different positions
|
Following U.S. President Barack Obama’s historic trip to Vietnam and in light of the ongoing presidential race in the United States, it is appropriate to consider the future of United States-Vietnam… 
Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.
Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.
|