World Bank Chief hopes for 'stronger' EU after Brexit

The president of the World Bank has said India has shown resilience in the situation created by Britain's decision to leave the EU, but it will be affected "if there are more events creating more uncertainty".

World Bank Chief hopes for 'stronger' EU after Brexit

The president of the World Bank has said India has shown resilience in the situation created by Britain's decision to leave the EU, but it will be affected "if there are more events creating more uncertainty".

Jim Yong Kim said the Brexit vote has caused a shortage of capital for developing nations like India and money is flowing into safe havens like gold and US treasury bills.

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