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Chancellor George Osborne said Britain's vote to leave the European Union was likely to lead to further volatility on financial markets but said the world's fifth-biggest economy would cope with the challenge ahead. Osborne, who was speaking publicly for the first time since Britain voted to leave the bloc on Thursday, said the government had put in place robust contingency plans and there was more action that it and the Bank of England could take. "Our economy is about as strong as it could be to confront the challenge our country now faces," he told a news conference at Britain's finance ministry on Monday.
By Roberta Rampton and David Ljunggren WASHINGTON/OTTAWA (Reuters) - President Barack Obama will meet with leaders of Canada and Mexico on Wednesday for his final "Three Amigos" summit, a meeting that may signal how keen the North American partners are to tout trade at a time of rising protectionist sentiment. The Ottawa summit comes on the heels of Britain voting to leave the European Union after more than 40 years. It also falls ahead of a U.S. presidential election on Nov. 8 where presumptive Republican candidate Donald Trump has made stagnant wages and U.S. manufacturing job losses focal points of his insurgent campaign.