Global media tycoon Rupert Murdoch has warned that a win by Democratic hopeful Barack Obama in next week’s US election could worsen the world financial crisis, a report said Saturday. In an interview with The Weekend Australian, owned by Murdoch’s News Corporation, the newsman said if the Democrats implemented protectionist policies it would be “a real setback for globalisation”.
Murdoch said he did not know whether an Obama administration would deliver on all the Democrats’ stated policies, saying “presidents don’t often behave exactly as the campaign might have suggested.”
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