Brexit could be an “acid test” for how the world economy might fare under the new rules of trade, according to Bank of England governor Mark Carney.
China's financial system poses one of the bigger risks to global financial stability, Bank of England Governor Mark Carney said in an interview with the BBC to mark the 10th anniversary of the global financial crisis.
With investors already on edge over the China-US trade war, the lira's collapse sparked a sell-off in Europe and New York at the end of last week.
In some countries, including India, New Zealand, Norway, Germany and Chile, airfares are expected to rise by more than 7%.
Hyper-wired South Korea has emerged as a hotbed of trading in virtual units.
The global economy is expected to grow at a solid pace through next year, boosted by faster expansion in the United States and Europe, but after that risks will build, the International Monetary Fund said on Tuesday.
The decline in productivity growth is "one of the most important problems" facing the global economy today, QNB has said in an economic commentary.
G7 finance ministers on Saturday voiced concern about the sputtering global economy as they looked for a plan to stoke growth, while a currency policy clash overshadowed their meetings.