Detailed text transcripts for TV channel - CNN - 20170101:23:55:00
June, voted to leave the european union. the decision stunned the global markets. the british plunged to a 30-year low and the dow dropped more than 600 points. >> the vote as you might expect is having an immediate impact on markets throughout the world. >> a lot of fear and uncertainty. >> stocks stabilized a few days later but brexit won't be cheap. businesses are reporting they're cutting investment in the uk. the country is facing a $31 billion budget shortfall. questions about just how britain will leave the world's biggest trading block is still largely unanswered. >> number one, the de...
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