The UK has voted to quit the European Union, leaving Britain – and the world - reeling from aftershocks of currency devaluations and slumped equities. Global markets lost $2 trillion USD in value on Friday, and British voters now face economic consequences ranging from recession to spiked unemployment. While the main drama is unfolding between continental Europe and the UK, nobody can downplay the global ramifications.
Brexit voters claim to have been most antagonized by over a decade of immigration from other EU nations, particularly sensitive to East European unskilled migrants. But could Syria’s refugee crisis have tipped the British isles over the edge or, put differently, be the straw that tipped the camel’s back? Let’s leave the looney Leavers to their own devices and look at what this very European affair means for the Middle East. Apart from mock reactions - including Arab states threatening to file for their own divorces from the GCC and the Arab League - how does Brexit come off for the region whose ongoing refugee crisis some suspect prompted the UK’s exit?