Global Leaders Warn of Brexit Threat to Growth, Trade and Jobs

(Bloomberg) Group of Seven leaders warned of the risk to the global economy if Britain leaves the European Union in a referendum next month, bracketing a so-called Brexit with terrorism and the refugee crisis as a threat of “non-economic origin.”

“A U.K. exit from the EU would reverse the trend towards greater global trade and investment, and the jobs they create, and is a further serious risk to growth,” the leaders said in a communique released Friday at a summit in Ise-Shima, central Japan. “Escalated geopolitical conflicts, terrorism and refugee flows, are complicating factors in the global economic environment.”

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