Bank of Italy Governor Warns of Increased Global Economic Uncertainty

BoI chief says tariffs and war increase global economic uncertainty

(ANSA) - ROME, MAR 4 - Tariffs and war have increased global economic uncertainty, Bank of Italy Governor Fabio Panetta said Wednesday. "Over the past three decades, globalization has helped reduce poverty by expanding economic opportunities and generating jobs in much of the world. However, this progress has proven fragile," said Panetta at the Rome conference "Laying the Foundations for Employment in Africa: Key Infrastructure and Business Environments." "The pandemic, rising trade disputes...

By ANSA