Finance News

FINANCIAL CRISIS WARNING: Global economy ‘AT RISK from dangerous undercurrents’

THE world’s economy is at risk of being crippled by “dangerous undercurrents” in the global financial system, a new report by the International Monetary Fund has warned. The IMF detailed how further escalation in the burgeoning trade war could see investors spooked and “significantly harm global growth” with a sudden sell-off in financial markets. Daily Express :: Finance Feed

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Pound LIVE: GBP Sterling steady against euro as Italy budget clash with EU rumbles on

THE pound is holding steady against the euro today as Italy continues to remain at loggerheads with European Union chiefs over its controversial budget plan. Italian government officials have been forced to fend off criticism from Brussels and market pressure after unveiling a deficit target of 2.4 percent of gross domestic product next year. Daily Express :: Finance Feed

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