UK to knight Greenspan for role in helping “global economic stability”

BRITAIN is to award US Federal Reserve chairman Alan Greenspan an honorary knighthood, the UK Treasury has said.

UK to knight Greenspan for role in helping “global economic stability”

The honour, approved by the Queen, is for Dr Greenspan’s “contribution to global economic stability”.

The 76-year-old has been dubbed the second most powerful man in America and has steered the country’s economy through four presidencies.

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