Article snippet: LONDON — In a global economy amply stocked with anxiety-provoking variables, Britain just added another. An election designed to bolster the government’s mandate instead yielded fundamental confusion over who is in charge as the nation prepares for fraught negotiations in its pending divorce from the European Union. Prime Minister Theresa May had called the election on the assumption that her Conservative Party would emerge stronger, solidifying her negotiating position. Instead, the electorate’s stunning rebuke of her leadership all but guarantees a period of unpredictable political jockeying, intensifying uncertainty about future commercial dealings across the English Channel. Investors took the latest turmoil in Britain as a prompt to unload the British pound. As European markets began trading on Friday, the currency slipped about 2 percent against the dollar. And yet the shocking electoral outcome also has the potential to diminish the looming economic costs of Britain’s exit from the European Union, commonly known as Brexit. It enhanced the possibility that a chastened government led by Mrs. May, or perhaps an administration led by someone else, would now strike a less confrontational approach with Europe while seeking a way to keep Britain within the bloc’s large single marketplace. As Britain prepared for its face-off with Europe, the prime minister had been adamant that her country would impose strict limits on immigration, a posture seemingly enhanced by... Link to the full article to read more