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IMF downgrades global outlook on Brexit vote

While financial markets have stabilised post-referendum, the impact on the global "real economy" has yet to show


BREXIT has "thrown a spanner in the works" of an already fragile global economic recovery with consequences that are hard to predict, International Monetary Fund (IMF) chief economist Maury Obstfeld warned Tuesday in launching the IMF's latest World Economic Outlook (WEO) report.