Worried IMF cuts world growth forecast, warns over Brexit

The International Monetary Fund said Tuesday that the global economy faces wide-ranging threats from weak growth and rising protectionism, warning of possible "severe" damage should Britain quit the European Union. It said intensifying financial and political risks around the world, from volatile financial markets to the Syria conflict to global warming, had left the economy "increasingly fragile" and vulnerable to a turn toward recession. It said it was concerned over "fraying" unity in the Eur