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BRUSSELS (AP) — Indignant European Union lawmakers pressed Britain to end the uncertainty that has gripped European and global markets, saying Tuesday that if it intends to leave, it should start the process immediately.
By Michael Holden and Elizabeth Piper LONDON/BRUSSELS (Reuters) - Britain faced angry calls from other European leaders to act quickly to resolve the political and economic chaos unleashed by its vote to leave the European Union which the IMF said could put pressure on global growth. Financial markets recovered slightly on Tuesday after the result wiped a record $3 trillion off global shares and sterling fell to its lowest level in 31 years, but trading was volatile and policymakers vowed to take all necessary measures to protect their economies. British finance minister George Osborne, whose attempt to calm markets fell on deaf ears on Monday, said he would have to cut spending and raise taxes to secure fiscal stability after a third credit ratings agency downgraded the country's debt.
KNOXVILLE, Tenn. (AP) — Pat Summitt, the winningest coach in Division I college basketball history who uplifted the women's game from obscurity to national prominence during her 38-year career at Tennessee, died Tuesday morning. She was 64.