Four years after the financial crisis began the IMF said confidence in the world banking system was yet to be fully restored, with many advanced nations still "living dangerously".
The debt burden carried by both the US and Japan make the countries “vulnerable” to any rise in interest rates unless they take “decisive action… over the medium term”. MORE…
The fragile state of the British economy has been underlined again by a sharp increase in the number of UK firms in financial difficulties and profits warnings from two more companies listed on the London stock market.
