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Capitol Ink | The Best of 2016
View the tumultuous year of 2016 through the satirical lens of RJ Matson

Originally published on March 24, 2016

capitol-ink-03-24-16 Originally published on March 24, 2016

5 Things the Brexit Vote Means for the Rest of the World
Plunging markets, political instability among immediate forecasts

The upcoming resignation of British Prime Minister David Cameron, seen during a visit to the Capitol in 2013, is just one consequence of the Brexit vote. (Tom Williams/CQ Roll Call file photo)

The shock waves of the decision by British voters to leave the European Union began almost immediately after the polling booths closed Thursday night. The British pound plummeted against the dollar, the Dow tanked , and experts predicted years of uncertainty in the United Kingdom and Europe. Here are five immediate takeaways.  

1. Economic instability :  Economic forecasts predicted a prolonged recession in Europe and the United Kingdom after a Brexit vote. Sebastian Mallaby, a senior fellow at the Council on Foreign Relations, explained why in an op-ed published last week in The Washington Post: British regulations, derived from EU rules, will have to be rewritten wholesale. Nobody will know for some time what will happen with Britain's commercial relationships with its trading partners or its membership in the EU single market. Global businesses based in London will begin considering whether they should move, triggering a potential real estate bust — and anyone who lived through the 2008 recession knows what that would mean for consumer spending.  

White House Cautious on 'Fragile' Syrian Cease-Fire

Syrian refugees walk after a failed attempt to reach the Greek island of Lesbos on Thursday. (Photo by BULENT KILIC/AFP/Getty Images)

The White House is playing a long game in Syria amid a fragile cease-fire, but critics say its patient approach is emboldening Russia.  

Obama administration officials are both pleased with and cautious about a six-day-old cessation of violence agreement in the civil war-torn country.  

Corker Wants Kerry to Testify About Putin, Syria

(Bill Clark/CQ Roll Call)

The Senate Foreign Relations Committee wants to hear directly from Secretary of State John Kerry about the situation in Syria, as Russia has begun to conduct airstrikes.  

Foreign Relations Chairman Bob Corker is inviting Kerry to testify next week, though the State Department has not confirmed he will appear before the committee he chaired as a senator from Massachusetts. "The Senate Foreign Relations Committee has requested Secretary of State John Kerry testify next week to explain the administration's Syria strategy to Congress and the American people," the Tennessee Republican said in a statement. "Until we are prepared to take steps to address the root cause of this crisis — the Assad regime — we will continue to see dangerous consequences in the region that will impact our allies and our security interests."