British bracing for world economy to punish UK for ‘Brexit’

A broker watches his screens at a brokerage firm in Sao Paulo, Brazil, Friday, June 24, 2016. Sao Paulo's stock exchange was falling at midday more than 3 percent due to result of the referendum aimed at revoking Britain's membership in the EU. Brazil's central bank said on Friday that the country has solid foundations to face the United Kingdom's decision to leave the European Union, with enough foreign reserves to handle possible cash outflows. (AP Photo/Andre Penner)LONDON (AP) — The British were warned for weeks that a vote to leave the European Union would result in economic pain. Now they'll find out whether it will.

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