From Yahoo Finance: 2025-06-29 05:02:00

The Bank for International Settlements warns of global financial system vulnerabilities due to trade tensions and geopolitical strife, leading to a new era of uncertainty. Outgoing BIS head Agustín Carstens highlights public trust challenges amid economic order fraying. The annual report points out rising protectionism, trade fragmentation, and declining economic growth as major concerns. Additionally, the world economy faces increased vulnerability to shocks and rising public debt levels, which could hamper governments’ crisis response. The report also notes a sharp drop in the dollar, down 10% in H1, raising concerns about U.S. asset rotation and hedging by non-U.S. investors.



Read more at Yahoo Finance: World economy faces ‘pivotal moment’, central bank body BIS says