US Economy at Risk of Crash Landing, Allianz Warns

US Economy Headed Toward Crash Landing, Insurance Giant Allianz WarnsAllianz, one of the world’s largest insurers, has warned that the U.S. economy is headed toward a crash landing. “We expect the economic momentum to deteriorate during the second half of the year on the back of rapidly tightening credit conditions, exacerbated by the banking crisis,” said the insurance giant’s analysts. Crash Landing Ahead, Warned […]

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