Le Figaro: 2019 is a risky year for the global economy

by **claud39** Fri Jan 04, 2019 7:42 pm

http://www.ikhnews.com/index.php?page=article&id=180609

Le Figaro: 2019 is a risky year for the global economy

05-01-2019 12:32 AM

Le Figaro: 2019 is a risky year for the global economy No_img

Baghdad:

The French newspaper Le Figaro said financial experts were concerned about the negative indicators, which they believe will contribute to destabilizing the global economy and disrupting financial markets.

"Recovery of the economy after the 2008 stock market crash appears to be threatened by several factors," said Bruno Cavalli, chief economist at Udo Financial Group, adding that financial markets "will likely experience repeated vibrations this year."

Observers believe that the continuation of the US-China trade war, the tension between US President Donald Trump and US Federal Reserve Chairman Jerome Powell, and the possible exit of Britain from the European Union, have made gray clouds cloud and concern among shareholders.

And it landed stocks in the US stock market significantly after tweet President Trump in which he said: " The only problem facing our economy ( the US economy) is the US Federal Reserve, they feel a market, and do not understand the necessary trade or the strength of the dollar wars or even democratic closure on the border" "The Fed is like a strong golfer, but he can not score because he does not have the precision - so he can not play."

According to CNN , investors are concerned that the controversial president may dismiss Jerome Powell, chairman of the US Federal Reserve.

The newspaper said Friday that the recovery of the global economy is linked mainly to the decisions of two men, US President Donald Trump and his Chinese counterpart, Shi Jinping.

On December 1, the president of the world's two largest economic powers signed a truce on the sidelines of the G20 summit in the Argentine capital of Buenos Aires on trade issues including reducing car fees and taking action against the theft of intellectual property rights and the compulsory transfer of technology.

At present Trump says the negotiations are going well. But the failure of talks between Washington and Beijing will have negative economic consequences in China, the United States, Europe and many emerging countries.