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IMF warns Africa on financial shocks

Business & Finance : Business Report

The International Monetary Fund warned sub-Saharan Africa's rapidly growing economies on Thursday that they need to do more to protect themselves against financial shocks. ||| Lagos - The International Monetary Fund warned sub-Sahar...

'The risks of a sharp adjustment are crystallising'

Business & Finance : Business Insider: Clusterstock

Brexit has the potential to inflict severe damage on the UK's commercial property market, the Bank of England warned. The central bank's Financial Policy Committee said that "the current outlook for financial stability in the United...

Here is ex-City regulator Lord Turner's vision of a perfect Brexit

Business & Finance : Business Insider: Clusterstock

The man who ran Britain's City watchdog during the 2008 financial crisis believes a "Hard Brexit would be very bad for us" and believes the UK should aim for a "soft Brexit with some degree of control over free movement of people." ...

China's ballooning debt is a major threat to global financial stability, IMF warns

Business & Finance : Business Insider: Clusterstock

International Monetary Fund warns that China's ever-growing debt problem poses global financial stability challenges. "Credit growth has outpaced GDP growth, leading to a large credit overhang." Fund identifies three areas of "tensi...

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...

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