Law360, New York (September 30, 2016, 12:38 PM EDT) -- The decision by the United Kingdom to leave the European Union — Brexit, as it has become known — after four decades of membership was both momentous and unprecedented. Though it is still unclear what the long-term consequences of Brexit will be or how it will impact Britain's relationship with Africa, the immediate impact of the vote was largely adverse. Sterling fell and the financial markets came under significant pressure in a number of sectors, including construction and banking. The service industry, which accounts for more than two-thirds of the U.K. economy, has seen a drop in activity (both it and the manufacturing sector have since rebounded, due in part to a boost in the U.K.'s exports precipitated by the plummeting valuation of sterling). And interest rates have now been cut to a historic low of 0.25 percent — the lowest level in the Bank of England's 322-year history — as it expands its program of quantitative easing in an attempt to stave of recession....