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How a No-Deal Brexit May Become a Problem for the World Economy

  • Spillovers could be bigger than many currently expect
  • ECB is running out of ammunition to help if Brexit gets messy
Bloomberg business news
Goldman Sachs International CEO Richard Gnodde says central banks to act in case of no-deal Brexit.(Source: Bloomberg)

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If Britain crashes out of the European Union without a transition pact, the knock-on effects would undermine an already fragile global economy.