Britain votes in favor of Europe:Ukip leader Nigel Farage concedes DEFEAT within minutes of polls closing in historic EU referendum

Britain Remains InTthe EU

Nigel Farage conceded defeat within seconds of the polls closing in the crucial EU referendum tonight - admitting that he believed the Remain side had 'edged' the battle.

The Ukip leader made the extraordinary statement as voting came to an end at 10pm following a day in which storms and torrential rain disrupted much of the south. However, it is not thought to have deterred people from turning out to register their view at the ballot box.

Education Secretary Nicky Morgan and pro-EU Labour MP Chuka Umunna also said they were 'confident' that their side had won.

The Pound soared on the news, spiking to a year high against the dollar.

A YouGov poll for Sky News published tonight put Remain on 52 per cent and Leave on 48 per cent.

Meanwhile, more than 80 Brexit-supporting MPs have sent a letter to David Cameron urging him to stay on in Downing Street whichever way the referendum goes.

Read more: Ukip leader Nigel Farage concedes DEFEAT within minutes of polls closing in historic EU referendum after a day hit by torrential rain | Daily Mail Onlin

Belgium - The Battle of Waterloo June 18 - 1815 - Defeat or Victory?

Battle of Waterloo - June 18 1815  Wellington

Each year on June 18 the great Battle of Waterloo is recalled in what is now Belgium. On that day in 1815, Napoleon’s French army was defeated by a multinational force commanded by the Duke of Wellington. Since then, the phrase “to meet your Waterloo” has come to mean “to be defeated by someone who is too strong for you or by a problem that is too difficult for you.”

When it comes to our spiritual lives, some people feel that ultimate failure is inevitable and it’s only a matter of time until each of us will “meet our Waterloo.” But John refuted that pessimistic view when he wrote to followers of Jesus: “Everyone born of God overcomes the world. This is the victory that has overcome the world, even our faith” (1 John 5:4).

John weaves this theme of spiritual victory throughout his first letter as he urges us not to love the things this world offers, which will soon fade away (2:15–17). Instead, we are to love and please God, “And this is what he promised us—eternal life”

While we may have ups and downs in life, and even some battles that feel like defeats, the ultimate victory is ours in Christ as we trust in His power..

Read more: Defeat or Victory? | Our Daily Bread

Austrian election: Unity call after close defeat for far right

Austria's new president has vowed to listen to the people's "fear and anger" after his far-right opponent narrowly missed out on a landmark victory.

Independent Alexander Van der Bellen beat the Freedom Party's Norbert Hofer by just 31,000 votes among the 4.64 million cast in Sunday's election.

The victor accepted there was a "rift" but said: "We are two sides of the same coin. Together we make up Austria."

Mainstream European politicians expressed relief at the result.

Read more: Austria election: Unity call after close defeat for far right - BBC News

Greece: With Greek ‘No’ Vote, Tsipras Wins a Victory That Could Carry a Steep Price - by Liz Alderman

Prime Minister Alexis Tsipras may have won a victory at home on Sunday as the Greek people dealt a resounding “no” to European austerity policies.

But Greece risks paying a high price for that decision. While the vote sharply consolidated Mr. Tsipras’s popularity, that could fade quickly if he leads the country deeper into bankruptcy and financial chaos, creating a new round of instability with consequences for Greece and the broader European project.

If anything, Mr. Tsipras is likely to find it harder, rather than easier, to strike a new financing deal quickly with European creditors, heightening the risk that Greece will careen out of the eurozone unless Europe decides to give Mr. Tsipras and his defiant nation another chance.

“What we need now is more wisdom from both sides,” said Loukas Tsoukalis, the president of the Hellenic Foundation for European and Foreign Policy, an Athens-based think tank. “Greece can’t go on because we’re on the edge of cliff,” he said. “After all this, the question is whether our partners would be so unwise as to push Greece over the edge, because that would be damaging for everyone.”

Some European officials acknowledged Sunday that greater flexibility might now be needed from their camp. Just as the referendum vote divided Greece, so, too, did it reveal fault lines between those European countries that appear willing to bend to keep Greece in the eurozone, and others, including Germany and the Netherlands, whose policy makers have all but suggested that the eurozone would be better off without Greece.

Read more: With Greek ‘No’ Vote, Tsipras Wins a Victory That Could Carry a Steep Price - The New York Times