Brexit’s Winners, Losers and Political Surprises

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The Brexit aftershocks continue today with front runner Boris Johnson surprisingly dropping out of the race for Prime Minister and his close ally UK Justice Minister Michael Gove, in a dramatic about-­turn, stepping up instead.

7 days after the historic referendum Parliament churns with intrigue and global markets still have the jitters. Investors are waiting to see how the European Union will manage Britain’s withdrawal and member nations growing complaints that the EU is undemocratic. How will all of this uncertainty affect Europe’s handling of international security, migration, and humanitarian aid?

One thing seems clear: Germany stands to gain power within the bloc and perhaps substantial financial benefits as businesses abandon London.