Flavia Cherry says no need to panic over “Brexit”

Flavia Cherry says no need to panic over “Brexit”

Flavia Cherry has told the Times that there is no need for undue concern over “Brexit.”

“Brexit” is the name that has been given to a British exit from the European Union (EU).

Voters in Britain will decide whether to leave or remain in the group in a referendum on Thursday.

But Flavia Cherry, who is the Executive Vice President of the Saint Lucia Industrial and Small Business Association (SLISBA), believes there is no need to panic.

Her comments came amid fears that Britain’s departure from the EU could send shock waves across the global economy.

Cherry told the Times that she did not believe a “Brexit” is likely, at least not in the near future.

“I don’t think there should be any cause for alarm because there is a lot at stake for many European states,” she asserted.

Cherry felt that before “Brexit”, a lot would be done at all levels to ensure that the EU remains intact.

“Remember that this is not a consideration that happened overnight,” she explained.

Cherry recalled that the transition took many years.

She observed that there are a lot of resources tied into the current construction of the EU.

The SLISBA Executive Vice President was of the opinion that Britain will stay, but after certain conditions are met.

“I really don’t think that they are in any big rush to leave the EU,” Cherry declared.

She told the Times that she did not think that Thursday’s “Brexit” referendum would result in Britain leaving the EU, at least not now.

“It certainly cannot happen overnight even if there is a yes vote,” Cherry explained.

She told the Times that she is on the consultative committee for the EU and Cariforum.

Cherry said for all the meetings she has attended in Brussels and the Caribbean, the issue of “Brexit”   has barely even made much of a discussion.

 

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8 Comments

  1. Lucian
    June 21, 2016 at 3:13 am Reply

    all of a sudden you back on the scene

  2. Curious
    June 21, 2016 at 5:48 am Reply

    Messieux. To me that lady use to be talking about child abuse and rape. She just went silent. I suppose she get too big for that. Have to travel too much. Rape serve it’s purpose.
    Government change.
    Whopps si mama. Now she back in town talking. This time is on international events.
    Eh bien bon.

  3. KENT
    June 21, 2016 at 11:45 am Reply

    Billionaire investor George Soros said on Monday that the pound sterling may tumble as much as 20 percent if Britons vote for an exit from the European Union on June 23. He emphasized that the depreciation of the pound would be bigger than the Black Wednesday of 16 Sept., 1992, when he profited by nearly $1 billion on a short against the pound.

    Soros wrote in a note to The Guardian that Brexit​ will mean “the value of the pound would decline precipitously. [It] would also have an immediate and dramatic impact on financial markets, investment, prices and jobs.”

    Soros also warned that the U.K. could fall into recession if Brexit happens. The Bank of England has limited resources to pull the country out of another recession, as it has already lowered interest rates to shore up the economy against the global financial crisis.

    Flava u back all of sudden ,,stick to what u know !

  4. Anonymous
    June 21, 2016 at 4:37 pm Reply

    She looks like miss Piggy.

  5. Anon1
    June 24, 2016 at 9:10 am Reply

    No need to PANIC hey Flavia!

  6. Anonymous
    June 24, 2016 at 1:56 pm Reply

    Guess she was dead wrong

  7. aLucian
    June 24, 2016 at 5:35 pm Reply

    It would be interesting to get her thoughts now. Times, as opinion pieces seem to be your thing, maybe you should follow up with Ms Cherry post-Brexit

  8. Tony Orilla
    June 25, 2016 at 7:59 am Reply

    Wow, this lady really got things wrong. I wouldn’t be asking her for advice about the future.

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