Seeds of next global financial crisis being sown, top officials warn


(Worthy News) – Rising US interest rates, tanking emerging market currencies and a bitter US-China trade spat could push the world towards its next financial crisis but there is still time to avert disaster, global finance chiefs have said.

The world economy is still growing but faces an “unprecedented” combination of threats, the International Monetary Fund cautioned at an annual meeting with the World Bank in Bali this week.

Among them is growing protectionism championed by the Trump administration and the intensifying trade-and-currency battle between Washington and Beijing, which have imposed tit-for-tat tariffs on billions of dollars worth of goods. [ Source: AFP (Read More…) ]

We're being CENSORED ... HELP get the WORD OUT! SHARE!!!

Latest Worthy News

France, Saudi Arabia to Host Two-State Solution Conference in Late July
Trump Announces NATO Deal to Arm Ukraine, Slams Russia Over Escalating Attacks
Sudan Demolishes Pentecostal Church Building
Peace Plan: Ukraine Split Up Feared
Europe Mourns At 30th Anniversary Of Srebrenica Massacre
Catholic Priest Disappears In Colombia
USDA: 45m Acres Of American Land Owned By Foreign Entities
Israel, Hamas Edge Closer to Ceasefire Deal as Qatar-Led Gaza Reconstruction Takes Shape
Israel and EU Agree to Expand Humanitarian Aid to Gaza
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News