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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Experts: Trump's policies threaten the global economy with a financial crisis

    Rocky
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    • Post n°1

    Experts: Trump's policies threaten the global economy with a financial crisis Empty Experts: Trump's policies threaten the global economy with a financial crisis

    Post by Rocky Thu Aug 16, 2018 7:11 pm


    Experts: Trump's policies threaten the global economy with a financial crisis

    13:46 - 16/08/2018
    0


    Experts: Trump's policies threaten the global economy with a financial crisis %D8%AA%D8%B1%D8%A7%D9%85%D8%A8-%D9%88%D8%A7%D9%85%D8%B1%D9%8A%D9%83%D8%A7-696x435
    Information / Baghdad ..
    Economy and finance experts have warned of a financial crisis that could sweep the world's markets because of the US president's financial, economic and trade policies, which extended to Washington's allies in NATO.
    David Morrison, an expert on financial markets for London-based brokerage firm GKFX, said the United States, since its entry into the Trump administration, had begun to impose hasty customs taxes on countries with a trade deficit.
    Morrison pointed out that US customs taxes have not only been seen by the partner countries as Canada, China and Mexico, but also because of political differences such as Russia, Iran and finally Turkey.
    "The imposition of sanctions on a NATO member state by another NATO member is surprising," he said, referring to US trade decisions against Turkey.
    On his part, Jamil Ahmed, Head of FX Strategy and Market Research at FXTM (London), pointed out that Turkey could use alternative ways to find sources of finance, such as recourse to China, Russia and the Gulf states.
    Ahmed said he expected Turkey to follow China's approach to filing a WTO complaint after Washington imposed additional taxes on Chinese products entering US markets.
    "The continuation of the trade war is the biggest threat to global finance since the financial crisis of 2008, and we should not underestimate the impact of trade wars on the global economy," he said.
    Gregory Daco, economist at London-based Capital Economics, said the recent economic and trade tensions between Washington and Beijing have had a big impact on the long-term plans of global companies.
    "If this tension persists, companies will have to change their investment plans by redistributing themselves geographically and sectorally," he said. Ending / 25

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