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Zoellick warns of “danger zone”

Business & Finance : Business Report

The World Bank president warned that the global economy is on the brink of danger due to massive debt, slow growth and weak investor confidence. ||| The World Bank president warned Saturday that the global economy is on the brink of...

World Bank warns of ‘danger zone’

Business & Finance : Business Report

The World Bank president warned Saturday that the global economy is on the brink of danger due to massive debt, slow growth and weak investor confidence. ||| The World Bank president warned Saturday that the global economy is on the...

OECD: global economy set for downturn

Business & Finance : Business Report

Global growth is set for a sharp slowdown next year, the OECD warned. ||| Global growth is set for a sharp slowdown next year and the eurozone debt crisis “remains the greatest threat to the world economy at present,” the OECD warne...

Europe warned of crisis over debt

Business & Finance : Business Report

Europe's top financial watchdog warned that the euro zone's sovereign debt crisis has become systemic and threatens global economic stability unless decisive action is taken urgently. ||| Europe's top financial watchdog warned on Tu...

BIS Warns of ‘Major Faultlines’ In Global Debt Bubble

Business & Finance : Zero Hedge

– BIS warns “unrealistic and dangerous to expect that monetary policy can cure all the global economy’s ills” – Bank of International Settlements warns that recent turmoil is not caused by isolated incidents – Debt levels are now so...

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