2016 is becoming known as the year of the unexpected in politics. First, we had Brexit win in the decision of whether to stay in or leave in Europe, a decision a lot of us Brits weren’t expecting with polls and surveys before stating that the majority were going to be voting to stay in.
This morning it was announced that Donald Trump has won the US election and is going to become president of the USA, again something most of weren’t expecting (or at least were hoping it wouldn’t happen), but once again the unexpected has happened and once again we are looking to see what effect this decision will have not only on the country but the rest of the world. The Republican presidential nominee surpassed the 270 electoral vote threshold needed to win the White House. In doing so he completed the biggest upset in modern political history, beating Democratic challenger and former Secretary of State Hillary Clinton.
This morning the BBC have announced that ‘UK stocks have followed falls in Asian & European markets after Donald Trump won the US election’. The FTSE 100 index was down about 0.5% to 6,812 in the first hour and other major European stock markets are also lower. However neither markets nor currencies have swung as wildly as they did after June’s EU referendum.
Prime Minister Theresea May has congratulated Donald Trump and has said that ‘”We are, and will remain, strong and close partners on trade, security, and defence, I look forward to working with President-elect Donald Trump, building on these ties to ensure the security and prosperity of our nations in the future ahead.”
What are your thoughts on the US Election results? Let us know on our social media sites or comment below.