The incoming US administration’s potential move to raise tariffs on trading partners plus conflicts around the globe could increase risk in financial markets next year, that’s according to Sergio Ermotti, chief executive of UBS Group. Ermotti told Bloomberg’s Horizons Middle East and Africa host Joumanna Bercetche that despite these uncertainties, consumers and economies will remain resilient.
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News post in December 9, 2024, 12:05 pm.
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