Britain files for divorce from EU
Two years of Brexit negotiations begin today. Britain's prime minister has triggered her country's withdrawal from the European Union under Article 50 of the EU Constitution. Jonathan Vigliotti reports.
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Two years of Brexit negotiations begin today. Britain's prime minister has triggered her country's withdrawal from the European Union under Article 50 of the EU Constitution. Jonathan Vigliotti reports.
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Stock markets are still stabilizing after last week's Brexit vote. The Dow has rebounded around 550 points since Monday's losses. BlackRock Chairman and CEO Larry Fink says Britain's vote to leave the EU means there will be fewer people willing to make long-term investments and more who will hoard cash. Fink joins "CBS This Morning" to discuss the impact on the global economy, efforts to restore calm and why Trump's comments on global trade are "inappropriate."
President Obama said the United State's relationship with the UK wouldn't change while responding to a question about Britain's pullout from the UK. Obama said his main message to those going through the Brexit negotiations was, "Both sides have a stake in getting this right."
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The Dow gained 248 points Tuesday as anxiety over Britain's divorce from Europe eased -- at least on this side of the world. The leaders of the 28 EU nations met Tuesday in Brussels, and as Mark Phillips reports, it did not go well.
Stocks markets are starting to rebound, while UK and European leaders meet to discuss Britain's vote to exit the EU. The Washington Post's Kevin Sullivan joins CBSN with more.
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