G7: Brexit is up there with terrorism as a key global threat

G7 leaders have warned of the risk to the global economy if Britain leaves the EU in a referendum next month, bracketing a so-called Brexit with terrorism and the refugee crisis as a threat of “non-economic origin.”

“A UK 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 yesterday at a summit in Ise-Shima, central Japan.

“Escalated geopolitical conflicts, terrorism and refugee flows are complicating factors in the global economic environment.”