Bank Governor's City Warning

Daily PostOctober 19, 2011

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Summary


BANK of England Gover nor Sir Mervyn King last night said time was running out to find a solution to Europe's financial crisis.

Speaking in Liverpool, Sir Mervyn said a massive buildup of trade surpluses in China and trade deficits in the US, UKand elsewhere resulted in global trade imbalances.

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Bank Governor's City Warning

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