IMF"s Lagarde warns against trade, currency wars, urges fix to global rules

Reuters / Lucas Jackson Trade tensions could slow global economic growth to its weakest pace since the financial crisis a decade ag.....»»

What a wild week it’s been for investors. The threat of global trade wars and currency war.....»»

President Donald Trump has already given the global economy trade wars. Now there are signs he may be gearing up for a currency war, too......»»

Christine Lagarde, Managing Director of the International Monetary Fund (IMF), said what almost every economist already knows. At the Group of 20 meeting of Finance Ministers and Central Bank........»»

A dovishly inter.....»»

The World Trade Organization has issued a warning to global leaders: Trade wars will inflict major damage on the economy......»»

Christine Lagarde, the head of the International Monetary Fund, has waded into the simmering trade spat between the U.S. and China to say governments should stay clear of protectionism or put the global economy at risk......»»

International Monetary Fund Managing Director Christine Lagarde's recent forecast was particularly dim. She pointed out the sharp threat to global economic growth posed by trade wars......»»

Over the last couple of weeks – I’ve written about the transition from global trade wars into currency wars. So far this year, we’ve seen the Argentina Peso and Turkish Lira get desecrated. But it’s not just Emerging Markets with ‘softâ€.....»»

For once it's not about trade wars... but the alternative is hardly better. European stocks tumbled most in a month, following Asian shares lower following contagion fears that Turkey’s economic problems will spill .....»»

German carmaker BMW warned its pretax profit would fall this year, against earlier expectations for a flat outcome, and cut its profit margin guidance for cars, blaming intense price competition following new emissions rules. Sonia Legg reports.....»»

IMF Managing Director Christine Lagarde warns in a speech that the IMF sees growth plateauing in some places and updated forecasts next week will reflect a “less bright” outlook. Trade wars are just part of the problem. .....»»

International Monetary Fund Managing Director Christine Lagarde called on G20 leaders to urgently de-escalate trade tensions and reverse tariff hikes, warning that they risked slowing global growth......»»

Citi analysts said we could see a "massive transformation" of cryptocurrency into the mainstream......»»

Citi said bitcoin is at a "tipping point" and could become central to global fi.....»»

The City of London is starting 2021 free of the European Union’s rules. But despite a trade deal being reached, its status as a global financial hub is under threat, resting on a separate process controlled by politicians and technocrats in Bru.....»»

The dollar held gains on Thursday as investors rushed to the safety of the world's most liquid currency given the massive disruption to global trade due to the coronavirus pandemic......»»

The dollar held gains on Thursday as investors rushed to the security of the world's most liquid currency as the coronavirus pandemic caused massive disruptions to global trade......»»

Japanese trading house Marubeni Corp on Wednesday cut its full-year net profit forecast by 17% due to a one-off loss on its energy assets and lower profits from U.S. agri-business in the wake of a prolonged U.S.-Sino trade war......»»

The European Union and Britain clashed over a post-Brexit trade deal on Monday. Prime Minister Boris Johnson insists he need not sign up to the bloc's rules and Brussels warns of tariffs and quotas unless he does. Francesca Lynagh reports......»»