Weekly Digest: The Spreading Fears of Global Financial Crisis

Graph crisis
Summary

  • Global markets are anxious about another global recession and major financial disruptions. Those potential dangers have driven investors to hoard dollars.
  • Warnings have come from all over the world, from the United States, Eurozone, Britain, and China, to heavily indebted countries in Latin America and Africa – raising questions of when and where the next global financial crisis will begin.
  • Indonesia is ready to re-extend its loan restructuring program to support banks and corporates.

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