Obama Warns Against Brexit Panic

President Obama warns against panic associated with Brexit
President Obama warns against panic associated with Brexit

President Barack Obama on Tuesday warned against international “hysteria” following last week’s vote for Britain to leave the European Union.

In an interview with National Public Radio, the US president said that he respected the results of the referendum.

However for Obama, the vote means that “a pause button has been pressed on the project of full European integration.”

“I would not overstate it,” he added.

“There’s been a little bit of hysteria post-Brexit vote, as if somehow NATO’s gone, the trans-Atlantic alliance is dissolving, and every country is rushing off to its own corner. That’s not what’s happening.”

Obama said the vote “speaks to the ongoing changes and challenges that are raised by globalization.”

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He described the results as a reaction to a rapidly growing European Union “that was probably moving faster and without as much consensus as it should have.”

“I think this will be a moment when all of Europe says, ‘Let’s take a breath and let’s figure out how do we maintain some of our national identities, how do we preserve the benefits of integration and how do we deal with some of the frustrations that our own voters are feeling,’” Obama told NPR.

The president added that he doesn’t anticipate “major cataclysmic changes” as a result of the vote.

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Arinze Esomnofu is a Content writer with Edliner.com He is not only talented but also passionate about writing and reporting as he has had some of his op-ed article featured in top Nigerian Online and Traditional media houses. He is also a freethinker on religious matters.

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