News
UK Names Theresa May Prime Minister, Succeeding David Cameron
July 13, 2016
Though Britain's vote to leave the EU last month was a surprise—as evidenced by the volatile state of global markets days after the vote—Prime Minister David Cameron’s post-Brexit resignation was even more surprising.
Britain has selected Theresa May to replace Cameron, making her the nation's second female prime minister, and it'll be her responsibility to unite a nation divided and to help during this time of economic uncertainty.
May, who is anti-Brexit, succeeds Cameron after his six-year tenure, the Wall Street Journal reports. Among her first duties will be determining when Britain will formally exit from the EU’s Lisbon Treaty, for which it'll have two years to negotiate terms and withdraw. [WSJ]
