Tradelines News

Get the latest news and updates on cross-border customs and international trade.

Debt, Protectionism Could Drag Down Improving Global Economy

Posted June 26, 2017

Under Economic Issues, International Trade Issues

(Associated Press)

The global economy has picked up and prospects for the next few months are the best in a long time.

But the recovery is maturing and faces risks from populist rejection of free trade and from high debt that could burden consumers and companies as interest rates rise.

Those were key takeaways from a review of the global economy released Sunday by the Bank for International Settlements, an international organization for central banks based in Basel, Switzerland. Click here to read more.

Related: 87th Annual Report, 2016/17 (BIS)