Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
October 04, 2016
UK: Pound Drops to 31-year Low against Dollar on Brexit Fears
The British Pound is at its lowest level against the dollar for 31 years.
The drop is the result of growing fears of a so-called "Hard Brexit" and that Britain will be forced out of the European single market during negotiations to leave the EU.
Al Jazeera’s UK correspondent, Barnaby Phillips reports from central London.