- Title: Newspapers from Britain and across the world react to Trump election win
- Date: 10th November 2016
- Summary: VARIOUS OF FRONT PAGE OF "THE GUARDIAN", READING (English) "WILL HE DESTROY AMERICA?" PAN FROM "THE SUN" TO "THE TIMES" FRONT PAGE OF "THE TIMES" READING (English): "THE NEW WORLD. DONALD TRUMP SENDS SHOCKWAVES AROUND THE GLOBE"
- Embargoed: 25th November 2016 14:36
- Keywords: Trump election USA newspapers Europe market Eurozone politics
- Location: LONDON, ENGLAND, UNITED KINGDOM
- City: LONDON, ENGLAND, UNITED KINGDOM
- Country: United Kingdom
- Topics: Government/Politics,Elections/Voting
- Reuters ID: LVA00257V48QV
- Aspect Ratio: 16:9
- Story Text: British newspapers on Thursday (November 10) reacted to Donald Trump's shock and historic victory in the U.S. presidential elections.
Populist tabloid The Sun printed a scene from an episode of "The Simpsons" aired in 2000, which bizarrely predicted the Business magnate's presidency, with the headline "D'oh".
"The Daily Mail" described the Apprentice star's win as a "Trumpquake", with "The Daily Express" claiming Trump's win would "boost" Britain's exit from the European Union.
Broadsheet "The Guardian" asked readers: "Will he destroy America?", while left leaning tabloid "The Daily Mirror" printed a picture of the Statue of Liberty with her head in her hands accompanied with the headline "What have they done?"
European stocks rose following extraordinary gains in Asia, as exuberance shot through markets and reversed initial dives in reaction to Trump's U.S. presidential victory.
CMC Market Analyst, Michael Hewson, told Reuters that the markets would respond based on Trump's level of pragmatism.
"I think the big question is will Donald Trump be a pragmatist, will he act like a businessman or will he succumb to his worst instincts. Now at the moment what we've got is the two main houses - the Congress and the Senate - they both hold majorities for the Republicans, so I think there's also a perception the more moderate Republicans will reign in the worst of Mr. Trump's instincts. Now that may seem naive but ultimately that's what markets are focussing on at the moment," said Hewson on Thursday.
His colleague Jasper Lawler warned that if Trump's victory sparked similar right wing populist movements across Europe, the impact on the Eurozone would be severe.
"If this populism from Brexit to Donald Trump getting victory extends into the AFD in Germany, Marine Le Pen in France. Those kind of people coming to power, that pretty much would be the end of the European Union, of the Eurozone. So that is a big risk," said Lawler.
Trump's election victory in the early hours of Wednesday (November 9) morning, is one of the greatest shocks in political history, as he defeated heavily favoured Democratic rival Hillary Clinton. - Copyright Holder: REUTERS
- Copyright Notice: (c) Copyright Thomson Reuters 2016. Open For Restrictions - http://about.reuters.com/fulllegal.asp
- Usage Terms/Restrictions: Video restrictions: parts of this video may require additional clearances. Please see ‘Business Notes’ for more information.
