IMF’s Lagarde: Rise of populism, calls of protectionism headwinds to global eco. growth

The International Monetary Fund (IMF) Managing Director Christine Lagarde is reported by Reuters, as saying that she sees ‘many financial services’ moving to continental Europe in months ahead as a result of Brexit.

Additional Headlines:

‘Rise of populism, short-sighted siren call of protectionism’ are headwinds to threatening global economic growth.

Proposes EZ "rainy day fund" to offer members a ‘temporary cushion’ from potential economic shocks.