EU is 'falling apart', American financier Soros warns

The European Union is “falling apart”, American financier George Soros warned as part of wide-ranging remarks at the World Economic Forum in Davos, Switzerland. The magnate and philanthropist also said China’s economy was experiencing a hard landing, the US Federal Reserve raised interest rates too late, and Republican presidential front runner Donald Trump was “doing the work” of the Islamic State (IS) group.

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