UK Parliament to Meet for First Session Following Brexit Vote; Brexit Political Fallout Continues
KATE RILEY, CNN WORLD SPORT ANCHOR: I'm Kate Riley with your CNN World Sport headlines. It's been an exciting day of the last 16 matches of the Euro Championship in France. Let's start with the host. You have to survive a scare early on in their match with Ireland in Leon. The French (Inaudible) are trailing the Irish after Robbie Brady scored from the spot in the second minute. But the France hit back Atletico Madrid man Antoine Grizmann will get a brace to take the lead and go pass Iceland into the quarter finals. France will now face England or Iceland in the next round at Stade de France. World Cup holders Germany had arguably their best performance of the tournament so far. They may say Slovakia in Leo Jerome Boateng scored his first international goal to Joachim Low's side ahead. Mario Gomez double their lead before Julian Draxler put the icing on the cake, 3- nil is held within. Slovakia go home. And the Germans still haven't conceded a goal. And the Belgians in their golden generation say Hungarian to leave in their last in the day. Belgium held a 1-nil lead until 15 minutes from time, and then they added three more to goals to beat Hungary 4-nil. The biggest winner of the tournament so far. They will face Wales next in the quarterfinals. And the round of 16 wraps up on Monday with Italy taking on defending champion Spain followed by England up against Iceland. And that's a look at all your sport headlines. I'm Kate Riley.</s>UNIDENTIFIED MALE: We're in absolute disaster. I just can't believe this is happening than the people have been so badly misled. It's an insult for the country.</s>FOSTER: Welcome back to CNN's continuing coverage of the U.K.'s vote to leave the European Union. As you heard the Brexit turned in to a re-regret it to some Britons. In the last hour, you see finance minister George Osborne gave a televised address in which he try to calm any fear about the British economy. This as the U.K.'s Parliament is set to meet for the first time since the Brexit vote on Thursday. The resignation of the Prime Minister David Cameron on Friday. Now Labour leader Jeremy Corbyn facing a bloody revolt within his own party. Multiple members of his shadow cabinet resigned, calling for new opposition leadership. Scotland First Minister meanwhile says the country will do whatever it takes to stay in the E.U. Nicola Sturgeon who urge says that she wants to make sure the country's democratic will is respected after a majority of Scots voted remain in Thursday's referendum.</s>NICOLA STURGEON, SCOTLAND'S FIRST MINISTER: Now my challenge are also my responsibility as First Minister is to seek to negotiate to protect Scotland's interest. What's going to happen with the U.K. is that there will be deeply damaging, and painful consequences of the process of trying to extricate the U.K. from the E.U. I want to try to protect Scotland from that.</s>FOSTER: Nicola Sturgeon has raised the prospect now of blocking the Brexit legally. CNN's David McKenzie joins us now from Edinburgh with more on her strategy. How is this work then, how does Nicola Sturgeon block the Brexit?</s>DAVID MCKENZIE, CNN INTERNATIONAL CORRESPONDENT: Well, it's very much are called debate. But certainly what she's saying, Max, is that there could be a vote here in the Scottish government in Edinburgh to block any moves to formally exit the E.U. by doing a legislative consent motion. Now that's a set up here in Scotland that would allow Scotland to effectively veto any moves by Westminster to do any major policy that would Scotland. And that's the latest of several strategies that Nicola Sturgeon has put forward to try and keep Scotland within the E.U and other areas are obviously talking directly to E.U. diplomats. We expect that in the coming days and finally of course, potentially for Scotland to hold another referendum on independence. Max?</s>FOSTER: I mean, the idea of another referendum in Scotland, and even in the U.K. is quite something but it is going to happen, isn't it? If you look at the strategy on how she has played things from here and her language. It does feel as though she is moving that way and it is, you know, fundamentally what her party is about. Do you think there is the appetite though in Scotland amongst voters?</s>MCKENZIE: Well, you know, if you believe Boris Johnson in today's paper, leading member of the leave campaign, he wrote in his column, "I don't detect any real appetite to have another referendum here in Scotland." Well, I have to say in the last few days, speaking to Scots in Edinburgh, and, you know, hearing from online polls, not scientific but certainly significant to look at through the weekend here in Scotland. A lot of public sentiment pushing towards another referendum and several people I have spoken to who said last time around they voted to stay in the U.K. say they've changed their mind because of the significant change in the political landscape. Now, the challenge for Nicola Sturgeon and the SMP is they need to get the timing right and they need to make sure if they have another referendum that they absolutely get in to the independents otherwise it could be a very challenging moment for them. Max?</s>FOSTER: OK. Thank you very much, David for joining us from Edinburgh. And I'm joined by Quentin Peel, associate fellow London's Chatham House, an international affairs think-tank. What do you think about of a Scottish referendum on whether it is likely and where it will go?</s>QUENTIN PEEL, LONDON'S CHATHAM HOUSE ASSOCIATE FELLOW: I think it's likely. I'm not sure quite how quickly it would come, but I have no doubt that Nicola Sturgeon is looking for a way to hold it. And I think in the current climate it would be really quite likely to vote for its independence. So, I think all that's out there, I think what's slightly lesser in this apparent strategy of trying to block the Brexit process in the Scottish assembly. There the legal opinion is divided. There is one legal opinion that says, yes, they must give their ascent and they could block it. And the other opinion says no, that the U.K. government in Westminster has actually paramount power at least in the emergency circumstances and this is an emergency.</s>FOSTER: In the last hour, we heard from key member of the leave campaign. John Redwood saying they're not -- there's possibility strategy of not invoking Article 50 which is what the whole premise of the referendum was pretty based on which was and do Nicola Sturgeon as well, wouldn't it?</s>PEEL: Well, it might. But I think Nicola Sturgeon's service and strategy is actually clear she wants to get to independents but she won't call a referendum unless it's going to vote independence.</s>FOSTER: Yes, yes.</s>PEEL: Now what on earth John Redwood is on about saying we won't do the strategy. I mean, I think all I can conceive of is that he wishes to precipitate, if you like, a suspension of British membership by actually starting to break the E.U. rules without doing it in a legal way.</s>FOSTER: So, we come out of it that way.</s>PEEL: Yes, we come out of it by suspending free movement and labor and refusing to recognize the decisions of the European Court of Justice.</s>FOSTER: How would you describe the fallout from that?</s>PEEL: I think it would be much more poisonous. I think that actually would deliberately alienate our partners and then their inclination to actually, if you like, give us a good deal I think would be much less. I think the key person they are going to have to negotiate, as ever, is Angela Merkel. She is being very calm and very sensible in saying we don't need to rush but we can't wait forever and then we have a sensible negotiation. We'll see but John Redwood doesn't seem to want that.</s>FOSTER: No. But, you know, it's really about what Boris thinks right now, isn't it? He's leading, even if he doesn't become Prime Minister, is certainly people are looking to him for leadership right now and his strategy seems to be just to wait on Article 50. Keep it in the air and invoke it as in when and using that as a bargaining tool with, you know, Berlin, Paris, and Brussels. But those capitals don't actually have a duty to speak to Boris Johnson, the head of him invoking Article 50.</s>PEEL: No, they don't. I mean, he has no -- well, they don't have a duty to speak to him at all unless he is Prime Minister. But, I think that, look, everybody wants to limit the damage in this. And there are two large potential damages. One is the political contagion effect and the other is economic. Political contagion is a reality. It could -- there could be other referendums in other countries. Economic contagion we are waiting for the markets.</s>FOSTER: OK. We're looking at the markets. And actually London is not actually bad, as Richard Quest was pointing out, actually the German markets are down more than the British markets, just the Brits coming on that.</s>PEEL: Well, I think that either they know something we don't know or actually there is a real...</s>FOSTER: It's moving again as well we're told by Richard anyway. It's all over the place. So, what's going on.</s>PEEL: Yes. I don't think there's enormous uncertainty and that's what markets thrive on and don't like.</s>FOSTER: OK. Thank you very much. We'll try to explain this over the coming days and weeks. The Brexit decision is done but the rest of the deal has a very long way to go. We'll bring you the latest. We actually have from France and Germany next. Plus, we'll bring you the day's other news including a victory for the Iraqi army in the fight against ISIS. But its biggest challenge is still lying ahead.