World Bank president Robert Zoellick said the world had entered a new economic danger zone and Europe, Japan and the US all needed to make hard decisions to avoid dragging down the global economy. “Unless Europe, Japan, and the US can also face up to responsibilities they will drag down not only themselves, but the global economy,” Zoellick said. Zoellick said European countries were resisting difficult truths about their common responsibilities, Japan had held off on needed economic and social reforms, and political differences in the United States were overshadowing efforts to cut record budget deficits, according to media reports.
GMT 15:13 2018 Saturday ,20 January
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No more bonuses for Carillion bosses after UK collapseGMT 17:20 2018 Wednesday ,17 January
EU to remove Panama, South Korea from tax haven blacklistGMT 17:16 2018 Wednesday ,17 January
Citigroup reports steep Q4 losses tied to US tax reformGMT 17:11 2018 Wednesday ,17 January
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EU to remove Panama, Korea, UAE, 5 others from tax haven blacklistMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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