Tag: global stock markets

  • Only ECB has power to ‘scare’ global stock markets, warns IMF

    The International Monetary Fund has warned that the immense firepower of the¬†European Central Bank (ECB) would be needed to “scare” the financial markets and prevent an intensification of the turmoil threatening to send the¬†global economy back into recession. With investors poised to give their verdict on the weekend talks in Washington of finance ministers and…