Economics
Winter Is Coming, Finance Chiefs Warn as Trade Tensions Deepen
- Indonesian president invokes Game of Thrones in dark warning
- Threats loom over world economy still enjoying solid growth
Trucks wait in line to unload their containers onto a container ship docked at the the Xiamen Songyu Container Terminal at night in Xiamen, China.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
Global finance chiefs warned that tensions over trade and rising interest rates threaten to turn the world economy into a battleground just as global growth peaks.
A year since they toasted the most synchronized expansion in years, policy makers at the IMF’s annual meeting fretted this week that the upswing may come apart as governments turn inward and the Federal Reserve creates ripples by tightening monetary policy.