1 MIL-OSI CHINA: PROJECTS LAUNCHED TO BOOST CHINA, MONGOLIA PUBLICATION PARTNERSHIP WWW.FOREIGNAFFAIRS.CO.NZ PUBLISHED:2018/12/11      2 TWO BLOCKS OF MONGOLIA-JAPAN TEACHING HOSPITAL PUT INTO OPERATION WWW.MONTSAME.MN PUBLISHED:2018/12/11      3 MONGOLIA TO CO-HOST WORLD ARMY FESTIVAL WWW.NEWS.MN PUBLISHED:2018/12/11      4 CHANGES DUE TO REPOSITIONING THE UN DEVELOPMENT SYSTEM DISCUSSED WWW.MONTSAME.MN PUBLISHED:2018/12/11      5 JAPAN MAY BE TAKING SIDES WITH US IN TRADE WAR AGAINST CHINA, HALTS PURCHASES OF HUAWEI & ZTE TECH WWW.RT.COM PUBLISHED:2018/12/11      6 G.ZANDANSHATAR MEETS COUNTRY REPRESENTATIVES OF WORLD BANK AND ASIAN DEVELOPMENT BANK WWW.MONTSAME.MN PUBLISHED:2018/12/11      7 LARGE SILVER DEPOSIT DISCOVERED IN CENTRAL CHINA WWW.RT.COM PUBLISHED:2018/12/11      8 CHINA BANS MOST IPHONE SALES AFTER GRANTING QUALCOMM AN INJUNCTION AGAINST APPLE WWW.CNN.COM PUBLISHED:2018/12/11      9 MNCCI AWARDED ISO 9001:2015 CERTIFICATION WWW.MONTSAME.MN PUBLISHED:2018/12/10      10 CARLOS GHOSN: FORMER NISSAN CHAIR CHARGED WITH FINANCIAL MISCONDUCT WWW.BBC.COM PUBLISHED:2018/12/10      МАКРОН ЦАЛИНГИЙН ДООД ХЭМЖЭЭГ 100 ЕВРОГООР ӨСГӨНӨ ГЭВ WWW.NEWS.MN НИЙТЭЛСЭН:2018/12/11     "HUAWEI"-ИЙН САНХҮҮ ХАРИУЦСАН ЗАХИРЛЫГ БАТЛАН ДААЛТААР СУЛЛАХГҮЙ БАЙЖ МАГАДГҮЙ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/12/11     1072 ШИРХЭГ ХУВЬЦААГ ХУДАЛДАХ, ХУДАЛДАН АВАХ БОЛОМЖГҮЙ WWW.UNUUDUR.MN НИЙТЭЛСЭН:2018/12/11     МОНГОЛ УЛС ДЭЛХИЙН “АРМИЙН НААДАМ”-ЫН НЭГ ЗОХИОН БАЙГУУЛАГЧ НЬ БОЛНО WWW.EAGLE.MN НИЙТЭЛСЭН:2018/12/11     АЛТНЫ 2.5 ХУВИЙН РОЯЛТИГ 5 ЖИЛЭЭР СУНГАХ ЭСЭХИЙГ УИХ ХЭЛЭЛЦЭНЭ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/12/11     НИЙСЛЭЛИЙН ЗАСАГ ДАРГЫГ Ж.БАТБАЯСГАЛАН ТҮР ОРЛОХООР БОЛЛОО WWW.ZGM.MN НИЙТЭЛСЭН:2018/12/11     ОЛОН УЛСЫН НЭГЖИЙН ШИНЭ SI СИСТЕМИЙГ АЛБАН ЁСООР БАТАЛЛАА WWW.NEWS.MN НИЙТЭЛСЭН:2018/12/11     МОНГОЛ УЛС, НҮБ-ЫН ХАМТЫН АЖИЛЛАГАА, ЦААШДЫН ТӨЛӨВЛӨГӨӨНИЙ ТАЛААР САНАЛ СОЛИЛЦОВ WWW.MONTSAME.MN НИЙТЭЛСЭН:2018/12/11     2017 ОНЫ НӨАТ-ЫН УРАМШУУЛЛАА АВААГҮЙ ИРГЭД МЭДЭЭЛЛЭЭ БАТАЛГААЖУУЛАХ ШААРДЛАГАТАЙ WWW.EAGLE.MN НИЙТЭЛСЭН:2018/12/10     АЗИ, НОМХОН ДАЛАЙН ЕС ДЭХ УДААГИЙН ТРИЕННАЛЬД УРАН БҮТЭЭЛЧ Т.ЭНХБОЛД ОРОЛЦОЖ БАЙНА WWW.GOGO.MN НИЙТЭЛСЭН:2018/12/10    

Rothschild worried about new world economic order rt.com

Jacob Rothschild has voiced concern about the global financial system that was established after WWII. The billionaire banker points to the US-China trade war and eurozone crisis as the key problems putting economic order at risk.
“In 9/11 and in the 2008 financial crisis, the powers of the world worked together with a common approach. Co-operation today is proving much more difficult. This puts at risk the post-war economic and security order,” Rothschild warned in his investment trust's half-year results commentary.

In economics, the post-war order is usually refers to a monetary management system which led to a rise of the US dollar as a dominant currency.

“In the circumstances our policy is to maintain our limited exposure to quoted equities and to enter into new commitments with great caution,” Rothschild added.

Rothschild’s RIT Capital investment has a historically low 47 percent exposure to the stock market. The banking dynasty is concerned that the 10-year stock market rally could be ending.

“The cycle is in its 10th positive year, the longest on record. We are now seeing some areas of weaker growth emerge; indeed the IMF has recently predicted some slowdown,” the investment banker said.

Rothschild pointed at “potentially destructive” debt levels in Europe and trade wars as major problems for the global economy.

He added, “problems are likely to continue in emerging markets, compounded by rising interest rates and the US Fed's monetary policy which has drained global dollar liquidity.”

According to Rothschild, the lack of a co-ordinated, international response to global challenges was unlikely in an era of populist and protectionist leaders such as US president Donald Trump.



Published Date:2018-08-09