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Tuesday 15 March 2016 12:43 pmAllianzrsquo Mohamed El-Erian warns global economy will continue to face improbables like Trump, oil price fluctuation and UKrsquo Brexit voteBy: William TurvillShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a
polene handtaschen preferredsource on GoogleAllianz chief economic adviser Mohamed El-Erian has warned the world economy will face moreimprobables like the Trump phenomenon , oil price fluctuat
stanley cup canada ion and China s struggles in the coming years.El-Erian, who ischair of President Barack Obamarsquo Global Development Council, also spoke about Britainrsquo EU referendum vote being a result of theglobalrise of non-traditional pol
stanley cup itical parties.On the impact a Brexit could have on the global economy, El-Eriansaid the discussion was made very clear when Boris Johnson backed the campaign to leave the EU. The day after Johnson announced he was backing a Brexit, the pound went into free fall, dipping to a seven-year low against the dollar.Read more:El-Erian: I would have left Pimco differently if I d known about media circus Speaking at a press briefing to promote his new book, The Only Game in Town, El-Erian suggestedthe global economy will reacha T-junction moment within three years when the current system will end.El-Erian said this couldresult in failure, leading to recession, greater inequality and greater political dysfunction. But he Jaie Magazine Country Life gets a boost from the BBC
Monday 16 August 2010 8:02 pm|Updated:Thursday 30 May 2019 10:42 pmAfghanistan looks for partner after discovering 1.8bn barrel oil fieldBy: KCS-contentShareFacebookShare on FacebookXShare
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stanley kubek preferredsource on GoogleAFGHANISTAN is looking for a commercial partner after it discovered an oilfield with an estimated 1.8bn barrels in the north of the war-torn country.The discovery of the basin between northern Balkh and Shiberghan provinces was made after a survey conducted by Afghan and international geologists, according to Jawad Omar, a spokesman for the ministry of mines.He said: I do not know its price in the market. But the initial survey says there are 1.8bn barrels of oil and I think there will be more.Various estimates of Afghanistanrsquo hidden wealth have been made in recent years, but the challenge of exploiting the resources in a count
stanley deutschland ry at war and with little mining infrastructure is daunting for most investors.Omar gave no more details on how the estimates were made but said the country will offer the reserves for development along with other minerals in the coming months.Afghanistan hopes that untapped mineral deposits valued at $3 trillion pound;1.9 trillion could help reduce the need to rely on Western cash for bankrolling its impoverished economy and for its soldiers to maintain security when foreign troops draw down numbers. But ravaged by three decades of