Global financial crisis: Experts predict CRASH could be imminent – and THIS is to blame

UNPREDICTABLE political climates in countries including Britain, the United States and Germany pose the biggest threat to the global economy, according to a panel of experts, as they warned the danger signs of an imminent downturn – and possibly a crash – are already on display. Daily Express :: Finance Feed

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Bahrain in GLOBAL PLAYER bid as Crown Prince vows to RESTRUCTURE economy by doing THIS

THE Crown Prince of Bahrain has vowed to transform his nation “from an oil economy to a smart oil economy” after admitting current levels of government revenue raked in from barrels are unsustainable. Bahrain currently pumps out around 200,000 barrels per day, with Crown Prince Salman bin Hamad Al Khalifa claiming oil counts toward a massive 75 percent of money coming into the Arabian Gulf nation. Daily Express :: Finance Feed

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European financial system ‘NOT in a good shape’ even 10 YEARS after global CRASH

THE European financial system is still “not in a really good shape yet” a decade after the global financial crash, according to the CEO of Austrian banking group Erste. Andreas Treichl told CNBC that European banks are still recovering after the Wall Street collapse in 2008 and the eurozone debt crisis of 2011. Daily Express :: Finance Feed

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China economy SLOWS to WEAKEST since GLOBAL CRASH on US-China trade war fears

CHINA’S economy has felt the brunt from an escalating trade war with the US as latest figures show growth is at its slowest for almost a decade. The Asian stock market has been rattled on consumer fears of a slowdown in economic growth, with stocks plunging to an almost four-year low this week. Daily Express :: Finance Feed

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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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Pound LIVE: GBP Sterling holding ground as global stocks PLUNGED into MELTDOWN

THE pound is holding ground against the US dollar and euro today after the US stock market was plunged into chaos with some of the biggest drops seen since February. The market fell into chaos over fresh fears of a China trade war and rising interest rates. Daily Express :: Finance Feed

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