“Multiculturalism is a charade”--Angela Merkel

Across Europe, populist leaders of various right-wing parties are pointing a finger of blame at Islam for threatening domestic cultures and security even as critics decry such statements as a serious threat to freedom of religion and minority rights. That this phenomenon is having an effect on the general population of EU member countries can be ascertained by simply taking a look at the above poll.

Today Conservative leader Theresa May becomes the second woman politician in British history tasked with leading Britain into talks to leave the EU after her only rival in the race to succeed Prime Minister David Cameron pulled out unexpectedly. Margaret Thatcher had led her country for three terms, from 1979 to 1990. The Conservative Party leadership race of Andrea Leadsom faced criticism for suggesting Theresa was more qualified to be prime minister because she had children. Maybe she is the candidate of the Queen as David Cameron stepped down after six years over Brexit.

Brexit has been the largest European strategic transformation since the end of the Cold War. Those who cannot read the primary geopolitical data between the digits of a long economic calculation are bound not to even understand the economic and monetary effects of Brexit. However, it is useful to analyze what Brexit means, also from the strictly economic viewpoint.

Authors: Nenad Dumanovic and Daniel Jankovic (*)

Over the past several years, analysts and commentators have noticed a rising tide of domestic support for the Croatian homegrown Nazi movement of the Second World War, the Ustashe, which actively exterminated Serbs, Jews, and Roma in the territory it controlled from 1941-45. Far from condemning this alarming development, the Croatian government, the European Union, and non-state actors within it have tacitly and actively supported the rising tide of sympathy towards the Ustashe.

With specific reference to Brexit - an issue that we have analyzed extensively - we need to define both its effects on Europe's new geopolitical configuration and those relating to the structure of European and world finance.

In 1952, a group of army officers mounted a successful revolution in Egypt. King Farouk was sent into exile and his son Fuad put under house arrest. His was the first Arab monarchy to fall, others would follow later. Soon a General Muhammad Neguib appeared as the face and ostensible leader of the revolution. It was only a couple of years later that the true architect and mastermind, Gamel Abdel Nasser, came to the fore.

Since its accession to the EU in 1973, Britain was a defiant member state-reluctant to agree on most of the EU norms, yet picking and choosing what it deemed suitable for its own interest.

“There never was a democracy yet that did not commit suicide” --John Adams

History is never deterministic; it is in fact full of unexpected surprises, but if the above ominous warning by John Adams has any kind of validity today, we may be witnessing, subsequent to Brexit and the far right extraordinary gains in the latest EU parliamentary elections, the beginning of the end of the EU as we know it, and as its founding fathers envisioned it.

Brexit is the greatest strategic shock occurred in Europe after the "fall of the Berlin Wall" in 1989. Furthermore the 1989 myth had been nurtured by the EU small cultural elites, who regarded it as the beginning of the European century, different from the American Century analyzed by the Italian economist, Geminello Alvi, before and after the globalization.

Following the referendum on UK membership of the European Union (EU), upholding Brexit, world politics is expected to herald a period of immense instability and turmoil. There is likelihood of economic crisis in Europe and UK, even globally.

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