Civil Unrest Biggest Threat to Emerging Markets

Discussion in 'Wall St. News' started by capmac, Feb 12, 2009.

  1. capmac


    Civil unrest biggest threat to emerging markets

    Civil unrest could be one of the biggest risks facing the emerging markets sector in the next 12 months, according to Franklin Templeton’s Mark Mobius.

    Mobius, who manages the £995.4m Templeton Emerging Markets investment trust, said deteriorating economic conditions could spark global unrest.

    "In this kind of global environment, you have to expect civil unrest, and we’re seeing that in many, many countries around the world.

    "There will be strikes and demonstrations, even in China. There will be unhappiness because jobs have been lost – we can’t get away from that."
  2. Daal


    Our resident 'spx down 2%+' journalist strikes again, like clockwork :D