IMF’s Lagarde warns trade wars will damage global growth - The Telegraph
|In an interview with the UK’s Telegraph on Monday, the International Monetary Fund (IMF) Chief Christine Lagarde warned that global growth is under threat from mounting trade tensions and climbing debt levels, as cited by Reuters.
Additional Headlines:
Urges the US and China to remove tariffs affecting goods worth hundreds of billions of dollars to "give more certainty and confidence to their economies and to help, not hinder, global growth".
Warns that rising debt levels in developed economies also posed a major threat to the economy.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.