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| Britain votes to leave EU, Cameron quits | |  By Guy Faulconbridge and Kate Holton LONDON (Reuters) - Britain has voted to leave the European Union, forcing the resignation of Prime David Cameron and dealing the biggest blow to the European project of greater unity since World War Two. Global financial markets plunged as results from Thursday's referendum showed a near 52-48 percent split for leaving. The pound fell more than 10 percent against the dollar to levels last seen in 1985, its biggest one-day fall in history, and European shares plummeted more than 8 percent, headed for their biggest ever one-day percentage fall. ...
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| Indonesia says coal on hold for Philippines after seven sailors abducted | |  By Kanupriya Kapoor and Manuel Mogato JAKARTA/MANILA (Reuters) - Indonesia's foreign minister said on Friday a halt on coal shipments to the Philippines will remain until Manila can secure its waters after seven Indonesian sailors were kidnapped, the latest in a string of abductions. Philippine authorities could not immediately confirm the hostage-taking but said a Filipino woman held since September was freed on Friday by Abu Sayyaf, an Islamist militant group that has amassed tens of millions of dollars from kidnappings for ransom. Indonesia is concerned that piracy in the Sulu Sea area, a major sea traffic corridor for the world's top thermal coal exporter, could reach levels previously seen in Somalia.
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| Bank of England says will take all necessary steps to ensure stability | |  By William Schomberg and Ana Nicolaci da Costa LONDON (Reuters) - The Bank of England said on Friday it would take all necessary steps to shield Britain's economy from the shock decision by voters to pull the country out of the European Union which caused immediate turmoil on financial markets. "The Bank of England is monitoring developments closely," it said in a statement after the referendum victory of the "Leave" campaign triggered a 10 percent fall in the value of sterling and a slump in government bond yields to a new record low. "It has undertaken extensive contingency planning and is working closely with Her Majesty's Treasury, other domestic authorities and overseas central banks." The BoE has previously said a decision to leave the EU -- which buys nearly half Britain's exports -- could deliver a material blow to the economy.
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| S.Korea issues arrest warrant for VW exec in emissions probe | |  By Hyunjoo Jin SEOUL (Reuters) - A South Korean court on Friday issued the first warrant for the arrest of a Volkswagen AG executive in connection with its cheating of vehicle emissions tests, in another blow to the German automaker's efforts to move on from the scandal. The warrant is the first to be levelled against a Volkswagen executive anywhere in the world after the firm in September admitted to using software to falsify pollution tests on some diesel cars, spurring legal action in the United States, Germany, South Korea and elsewhere. The Volkswagen Korea executive, identified by his last name Yun, faced five accusations including fabrication of documents and violation of the Air Quality Preservation Law, Seoul Central District Court spokesman Shin Jae-hwan said.
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| Cameron should stay to implement Brexit decision - Vote Leave chief | |  There is little appetite among the majority of Conservative lawmakers to depose Prime Minister David Cameron who should now prepare to negotiate Britain's exit from the European Union, Vote Leave chief Matthew Elliott told Reuters. "I can detect little appetite among Conservative MPs for the prime minister to go: the vast majority want him to be the one who stays in place and implements this decision," Elliott, who is not a lawmaker, said of Britain's vote to leave the EU.
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| British PM Cameron should stay on for now - senior Conservative lawmaker | |  David Cameron should stay on as prime minister to help reassure voters in Scotland and northern Ireland, and to try to calm markets after Britain voted to leave the European Union, a senior Conservative lawmaker said on Friday. Andrew Bridgen, who had campaigned to leave the European Union, told Reuters: "We need stability now. Yes, he should (stay on)." When asked how long Cameron should stay on, Bridgen said that was a decision for the prime minister.
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| Factbox: The consequences of the Brexit referendum | |  Britain is expected to submit an application to leave the European Union following Thursday's referendum, after which it would have two years to negotiate an exit. Below are possible consequences for Britain and the EU of a Brexit. ECONOMY Britain would no longer be subject to EU budget rules, which limit a government's budget deficit to 3 percent of gross domestic product and public debt to 60 percent of GDP.
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| Factbox - What Brexit could mean for the UK economy | |  The vote is expected to deliver at least a short-term hit to growth in Britain and might push it into recession. It could prompt the Bank of England to cut interest rates to zero and test the willingness of creditors to keep on funding Britain's current account deficit. Further ahead, the implications of the vote will depend on what kind of trading relationship Britain can strike with the EU, which accounts for nearly half the country's exports.
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| White House threatens to veto Republicans' Zika funding plan | |  By Roberta Rampton and Susan Cornwell WASHINGTON (Reuters) - The White House on Thursday threatened to veto the $1.1 billion approved by the U.S. House of Representatives to fight the Zika virus, blasting the measure for short-changing the administration's $1.9 billion funding request. The Republican-controlled House approved the funding deal early Thursday morning after reaching a deal with both House and Senate Republicans. White House spokesman Eric Schultz said the bill "falls far short" of the amount of money recommended by health officials to address the spread of the Zika virus.
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| U.S. Supreme Court upholds race-based college admissions | |  By Lawrence Hurley WASHINGTON (Reuters) - The U.S. Supreme Court on Thursday upheld the consideration of race in college admissions, rejecting a white woman's challenge to a University of Texas program designed to boost the enrollment of minority students. The court, in a 4-3 ruling written by Justice Anthony Kennedy, decided in favor of the university and turned aside the conservative challenge to a policy intended to foster racial and ethnic diversity on campus. The ruling ended an eight-year legal challenge to the affirmative action admissions system used by the University of Texas at Austin brought by Abigail Fisher, who was denied a place in 2008.
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| OAS chief blames Maduro government for Venezuela crisis | |  By Lesley Wroughton WASHINGTON (Reuters) - The head of the OAS regional bloc, Luis Almagro, on Thursday blamed President Nicolas Maduro's government for Venezuela's crisis, saying the South American oil-rich nation was now mired in poverty, corruption and violence. Addressing the permanent council of the 34-nation Organization of American States (OAS), Almagro argued that Maduro's government had violated basic democratic principles, which had altered the constitutional order of the country.
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