Brexit explained: UK-EU exit vote, deal and referendum hinges on EU migration to Britain

The video discusses the impact of European laws on the UK, particularly regarding migration and welfare benefits. It highlights British Prime Minister David Cameron's efforts to renegotiate terms with the EU, allowing the UK to maintain its currency and limit benefits for EU migrants. The uncertainty surrounding the UK's future in the EU has affected markets, leading to the Brexit referendum on June 23, 2016.

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