Brexit vote raises global recession fears

By Ylan Q. Mui
Updated June 27 2016 - 6:08am, first published June 25 2016 - 10:56am
Wall Street usually knows the risks, but often underestimates them. Photo: Richard Drew
Wall Street usually knows the risks, but often underestimates them. Photo: Richard Drew
"This is a high-magnitude event for financial markets.": Global shares fell dramatically on Friday.
"This is a high-magnitude event for financial markets.": Global shares fell dramatically on Friday.
"The economy of UK will not collapse.": Some analysts are more confident about the future.  Photo: Paul Harris
"The economy of UK will not collapse.": Some analysts are more confident about the future. Photo: Paul Harris
China's slowdown has already left markets jittery. Experts fear the BRexit could be the last straw.
China's slowdown has already left markets jittery. Experts fear the BRexit could be the last straw.

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