Worries Deepen That Globalization Is Hitting the Skids - News Summed Up

Worries Deepen That Globalization Is Hitting the Skids


Global finance ministers and central bankers are descending on Washington this week with a central concern in mind: fear that the modern age of globalization is hitting a wall. Last year’s $646 billion in foreign direct investment in rich economies represents a 40% drop from the peak before the financial crisis. International lending, as measured by cross-border banking claims at the Bank for International Settlements, is down nearly...


Source: Wall Street Journal October 06, 2016 18:40 UTC



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