WASHINGTON: International Monetary Fund chief Christine Lagarde said Thursday that the possibility that Britain would vote to pull out from the European Union poses risks for the already weak world economy.
“The risk of Brexit is a worry because it’s uncertainty,” Lagarde told a New York audience.
“The outcome of any new regime is totally unknown… It’s a worry,” she said,
British will vote on June 23 in a referendum on support for splitting with the European Union, due to what many British believe are unfair burdens and limited benefits that come with membership.
But the vote has raised worries that it could create …read more
Source: The Manila Times