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Showing posts with label Trade finance. Show all posts
Showing posts with label Trade finance. Show all posts

Monday, May 21, 2012

Mexico's Ortiz says Greece exit could be worse than Lehman

(Reuters) - If Greece leaves the euro zone it could detonate a global financial crisis even worse than the 2008 credit crunch, dry up global trade financing and spur another U.S. recession, former Mexican central bank governor Guillermo Ortiz said on Friday.