Abe Believes World Economy is Comparable to Lehman Crisis

Japanese Prime Minister Shinzo Abe failed in his bid to have Group of Seven leaders warn of the risk of a global economic crisis in a communique issued as their summit wraps up Friday in central Japan. The final statement declares that G-7 countries "have strengthened the resilience of our economies in order to avoid falling into another crisis." Abe had earlier said a risk of the world economy falling into a crisis on the scale of the 2008 Lehman shock is present if appropriate policy measures aren't taken. Bank of New York Mellon Chief Currency Strategist Simon Derrick discusses with Bloomberg's Anna Edwards on "Countdown."

Deutsche Bank to Halve MiFID Fixed Income Research Price
21:58 - Bloomberg’s Stefania Spezzati discusses changes to pricing for Deutsche Bank services and varying research fees across the sector. She speaks with Manus Cranny and Matt Miller on “Bloomberg Markets: European Open.” (Source: Bloomberg)
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