Now the G20 voices concerns about Brexit

Britain’s possible exit from the EU could pose a risk to the world economy, according to a leaked draft communique from the G20 finance ministers summit. The draft suggested that markets’ threats such as Britain’s possible exit from the EU added to economic anxiety.  The draft’s noted “the shock of a potential UK exit from the European Union” in the seventh line of its text.  It added: “While recognising these challenges, we nevertheless judge that the magnitude of recent market volatility has not reflected the underlying fundamentals of the global economy.” It added that ministers pledged not to engage in beggar-thy-neighbour currency devaluations which could unleash a wave of dangerous deflation through the global economy.