tyb
SNIPER!
Global economic growth risks skewed to the downside: IMFC
(moar fear porn from the originators of it)
WASHINGTON (Reuters) - Global financial officials on Saturday said risks to worldwide economic growth were “tilted to the downside” due to factors such as trade tensions, policy uncertainty and the sudden tightening of financial conditions.
The heightened risks are presenting themselves against a backdrop of limited policy space, historically high debt levels and heightened financial vulnerabilities, officials said in the joint communique of the International Monetary Fund’s steering committee. The statement was released at the spring meetings of the IMF and World Bank in Washington.
Earlier, China took a swipe at U.S. President Donald Trump’s “America First” policies that have sparked a trade dispute between the world’s two largest economies, including tit-for-tat tariffs on hundreds of billions of dollars of goods.
“The protectionism of some countries has harmed mutual trust among countries, limited the scope for multilateral cooperation, and impeded the willingness to achieve it,” Chen Yulu, a vice governor at the People’s Bank of China (PBOC), said in a statement to the International Monetary and Financial Committee, or IMFC.
“Unilateralism and protectionism can only exacerbate domestic imbalances and impair necessary structural adjustments, which can negatively affect the countries concerned as well as global growth,” he said.
https://www.reuters.com/article/us-imf-worldbank/global-economic-growth-risks-skewed-to-the-downside-imfc-idUSKCN1RP0KE?il=0
they also pandering to a european audience moar now. They need to stick to what they were when first started. Still good for that.
re wikileaks files
This one fairly interdasting.
>ubs-bu-measures.txt
Reads as a reasoning for the layoff's that habbened at UBS after the start of FY 2009
Shows the dichotomy of the banker's shortly before the mkt's were juiced upwards.
>The cycle of prosperity that we have witnessed and enjoyed over the last two decades has ended.
>Perhaps, you are distrustful of these decisions, and believe your voice has not been heard. But, make no mistake, we are in a dangerous situation right now. Our asset outflows have shown signs of stabilization, but we still lost nearly a CHF 1 billion last month. Our revenues also continue to decline as we begin to feel the effects of cancelled fee-based mandates and the shift to the short-end of the duration curve.
and the coup de grace:
>I have the optimism and the confidence that we will overcome our challenges, and that in the end, we will reap the benefits of our hard work. After all, and despite the negative environment we continue to witness, the tide is definitely turning as we enjoy consistent success stories not only on client retention, but on new asset inflows as well.
Muh Green shoots though!
good for you! alway's have frens in here. Hug you son.
longest and DUMBEST slide in here. Get over yourself you loser
wish moar anons, mostly newfags, would understand this. Habbens when it habbens.
Leading cause of anxiety in here..being let down by own expectation's. and also easiest way to lose family since they think "you crazy" because the date you said X would habben and it didn't. Personally being called crazy a badge of honor but for different reasons.