The global financial system and Trump
This year's meetings of the International Monetary Fund and the World Bank have convened in Bali. The leaders of several major international financial organizations said countries need to work together to settle the world's current trade disputes. The IMF has cut its forecast for global growth for this year and next to 3.7 percent. It said the lower forecast reflected the China-US trade war and how emerging markets are struggling with tighter liquidity and capital flows. Can the leaders of global free trade rein in Trump's protectionist impulses?
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