SYDNEY: World Bank chief Robert Zoellick on Saturday warned of a new and more dangerous time in the global economy, with little breathing space in most developed countries as a debt crisis hits Europe. Zoellick said that the Eurozone’s sovereign debt issues were more troubling than the “medium and long-term” problems which saw the United States downgraded by Standard and Poor’s last week, sending global markets into panic.
Published in The Express Tribune, August 14th, 2011.
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