Soros Warns of Global Market Crisis

Soros Warns of Global Market Crisis

George Soros warned investors on Tuesday to be cautious because global markets are facing a crisis. “China is struggling to find a new growth model and its currency devaluation is transferring problems to the rest of the world, Soros said in Colombo. A return to positive interest rates is a challenge for the developing world, he said, adding that the current environment has similarities to 2008.” The first week of 2016 has witnessed trouble with global currency, stock and commodity markets.

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