Friday, February fourteenth, the UN says at least 22 people have been killed in a village in the Northwest region of Cameroon. Over half of those killed were children. No one has claimed responsibility for Friday’s incident but the opposition parties blame the killing on the government.
Debate over British EU exit continues
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The rival campaigns officially kicked off this week in Britain ahead of a referendum scheduled for June 23 on whether the country should stay in the European Union.
Polls
show the public is split 50-50 on staying in or leaving the bloc.
The
"In" campaign — full title "Britain Stronger in
Europe" — was seemingly given an early boost by a warning from the
International Monetary Fund of "severe regional and global damage" if
Britain voted to leave. The threat is real, argues Simon Tilford of the Center
for European Reform, a broadly pro-European analyst group.
“We
could see the EU fracturing and becoming a much less influential actor
globally,” he said. “If it does so, it will weaken one of the West’s two big
centers of power, the EU and the United States. So it will make it harder to
address global problems, it will leave the U.S. more isolated than it currently
is, and it will embolden other centers of power in the world, be it Russia,
China.”
The
head of the World Bank, Jim Yong Kim, added his voice to concerns over a
British exit from the EU.
“This
is an economy, given our projections of lower growth this year, that is not
going to do well with more uncertainty,” he told reporters Thursday.
The
"Out" campaign rejects that argument. One of its lead figures is
London Mayor Boris Johnson, who told lawmakers earlier this month that Britain
“should get out from under that system and have a free-trade arrangement that
continued to give access to U.K. goods and services on the European continent.”
Individual
trade pacts
The
EU is the largest single market in the world. Pro-EU business groups say
Britain would have to renegotiate individual trade deals in the event of a
British exit.
“To
try to renegotiate those locally for the U.K., given the size of trading
relationships with the U.S. and with the Far and Middle East, I think those
would be incredibly challenging,” said Elizabeth Shanahan of the Irish
International Business Network.
She
added that London should not take for granted its position as Europe’s
financial capital.
“If
there is a Brexit, which hopefully there won’t be, but I would the think the
day after, I can imagine that the finance ministers of France and Germany will
get together and they’ll work out exactly where the financial hub will
be," Shanahan said. "And it won’t be here in London.”
So-called
"pro- Brexit" campaigners say Britain could build stronger trade
links with countries outside Europe, like China and the United States.
But
U.S. President Barack Obama is expected to reiterate his support for Britain
staying in the European Union during a visit to London next week.
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