At start of second term, Brexit crisis challenges IMF's Lagarde anew

International Monetary Fund chief Christine Lagarde says that Britain's vote to quit the European Union has injected significant uncertainty into the global economy but is nevertheless unlikely to cause a world recession. Two weeks after the British referendum on cutting its EU ties, Lagarde, speaking in her Washington offices at the launch of her second five year term as IMF managing director, called the event a "major downside risk" for the world. "The key word about this Brexit affair is unce