A black Friday for tourism, for the financial market: World in free-fall after Brexit

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Travel and tourism and the freedom of travel is in great danger. The financial markets are in free-fall.

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Travel and tourism and the freedom of travel is in great danger. The financial markets are in free-fall.

London Heathrow airport issued this statement: โ€œHeathrow continues to focus on serving passengers and proudly being the UKโ€™s front door.

โ€œAnyone traveling through the airport will find it operating normally with no changes to security and immigration.โ€

Japan’s Nikkei index slumped by seven percent, a loss of over 1,100 points. That is its worst one-day fall since March 2011, when Fukushima was hit by a devastating earthquake that triggered a tsunami and a nuclear disaster.

The British Pound already lost 13 percent, and black Friday in the United Kingdom has not even started.

The European Union will wake up today with the United Kingdom of Great Britain and Northern Ireland leaving the union.

Sin Fein, Northern Ireland’s Deputy First Minister, calls for a poll on united Ireland after Brexit. Will Ireland be next?

The dream of a united Europe with open borders and one united economy is falling apart today.

British voters said yes to Brexit, which means leaving the EU.

WHAT TO TAKE AWAY FROM THIS ARTICLE:

  • That is its worst one-day fall since March 2011, when Fukushima was hit by a devastating earthquake that triggered a tsunami and a nuclear disaster.
  • The European Union will wake up today with the United Kingdom of Great Britain and Northern Ireland leaving the union.
  • The dream of a united Europe with open borders and one united economy is falling apart today.

About the author

Avatar of Juergen T Steinmetz

Juergen T Steinmetz

Juergen Thomas Steinmetz has continuously worked in the travel and tourism industry since he was a teenager in Germany (1977).
He founded eTurboNews in 1999 as the first online newsletter for the global travel tourism industry.

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