Friday, May 25, 2018

Russian President Putin Warns Of A Financial Crisis That The World ‘Has Not Yet Seen’



Daily Mail: Putin says the US could cause a global economic crisis because of Trump's trade wars and new era of 'protectionism'

* The Russian president was speaking at an economic summit in St Petersburg
* Also attending was Emmanuel Macron and Japan's Prime Minister Shinzo Abe
* Putin said new era of protectionism was emerging, threatening global prosperity
* The French leader said he had a duty to keep working with the U.S. president

Russian President Vladimir Putin warned that the world could be heading for an unprecedented economic as a result of Donald Trump's trade policies.

Without directly naming the US President, who has slapped on tariffs and pulled out of trade deals, Putin lamented that a new era of protectionism was emerging and 'breaking' the free trade system responsible for global prosperity.

'Today we need not trade wars or even trade truces, but trade peace,' Putin told an economic summit in Saint Petersburg, also attended by Japan's Prime Minister Shinzo Abe and French President Emmanuel Macron.

Read more ....

Update: Putin warns of financial crisis the world ‘has not yet seen’ (RT)

WNU Editor: When it comes to international crisis .... trade wars and protectionism .... coupled with the debt crisis .... are my number one worries. Wars are number two.

1 comment:

Anonymous said...

Mr Putin could bail out the world with his fortune hidden in offshore places