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Reuters: Loose global monetary conditions are stoking credit and asset price booms in some emerging markets that could lead to a new financial crisis, the Bank for International Settlements warned on Sunday. Such a boom-and-bust cycle might have severe global repercussions, not least due

- www.ft.lk - Category : Business - Relavancy : 0.16283174

(Reuters) – Senegal’s Lamine Diack was overwhelmingly re-elected president of the International Association of Athletics Federations (IAAF) on Wednesday, but vice president Sergei Bubka needed a controversial second vote to retain his position. Bubka, the retired world pole vault record holder from Ukraine, had finished an out-of-the running fifth in the original vote by the ...

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