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European Central Bank Warns Trump Could Trigger a Financial Crisis

The European Central Bank has issued one of its starkest public warnings in years, cautioning that US President Donald Trump risks triggering a financial crisis through the combination of the Iran war, erratic trade policy, and a withdrawal from multilateral global leadership. The warning came in the ECB's twice-yearly financial stability review, published Wednesday, with outgoing vice president Luis de Guindos writing in his final review before stepping down at the end of May that the Middle East conflict is putting the resilience of the financial system "to the test".

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