Finance News

Trade war WARNING: Global economy would take ‘SIGNIFICANT hit’ if tensions escalate

THE global economy “would take a significant hit” if the escalating trade war between the United States and China boils over, International Monetary Fund Managing Director Christine Lagarde said today. While noting the financial sector is still growing, Ms Lagarde warned that the economy may still not be strong enough to handle rising trade tensions. Daily Express :: Finance Feed

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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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