. >> john defterios, thank you very much. christiane?> reporter: halla, as we've been talking, watching the pound tumble and who know what is will happen when the whe all the markets open -- going back to ryan heath, correspondent for politico, we were talking about what might change in the -- well, it is the morning but once the final result comes in. apart from the real volatility there we've seen in the pound, et cetera. what is going to change in parliament? what is going to change with britain's relationship with europe immediately? >> not an awful lot. there's around 100,000 pages of eu laws. they stay on the books until britain negotiates an exit deal. even when it does have an exit deal, maybe 80%, 90% of those rules will still be there in the same form they are there now. that's simply the price you pay for accessing the single market. >> they're prepared not to access the single market if it means having to accept free movement of people. then what happens? >> you have more flexibility but pay a higher price of selling in that

. >> john defterios is listening to global reaction.or how this is affecting the rest of the world and how britaining being affected by the rest of the world because it seems as though what we heard from china earlier saying they're not going to consider more investments in the uk until they know what's going on, i'm sure it's the same in relation to your region as well. >> it is, max. in fact, the markets have stabilized because of the stimulus messages coming from south korea, some of the words we're hearing from japan and china. we saw over the weekend the saudi arabian central bank saying it was diversifying out of both pound and euro assets going forward to balance its portfolio. i think the story can be told of uncertainty through two figures alone, and that is the fall of the british pound, which has stabilized in early trading but we have the same situation yesterday. and the price of gold which has surged over the last six months. but really a wake-up call for emerging market investors today as you look at the downgrade from aa