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Tag Archives: slowdown

Stock markets slowed by signs of slowdown, Brexit chaos By Reuters

© Reuters. The London Stock Exchange Group offices are located in London City (London), United Kingdom By Sujata Rao London (Reuters) – World stocks reported growing worries over global growth and worries over Wednesday after two days on Wednesday The British pound gained half a percent as optimism that lawmakers should rule out a no-deal Brexit rose half a percent. …

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US-China deal will not halt global economic slowdown

There was also a lack of progress in tackling various "core problems" between the US and China, said Pushan Dutt, a professor of economics and political science at INSEAD at the Business School. As a result, global uncertainty caused by tensions between the US and China may drag on longer. "In the short term, the Chinese will agree to buy …

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Why China's economic slowdown could trigger a major recession

China's GDP has slowed to the worst pace in 28 years, and analysts worry it could trigger a global recession. | Source: Shutterstock From CCN.com: According to new figures from the International Monetary Fund (IMF), the European Central Bank (ECB) and the Chinese government, Europe and China, are struggling 2018 after a weak year of growth. ECB President Mario Draghi …

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US equity futures fall in shortened session as Chinese data intensifies fears of global slowdown

US. Stock futures fell in a shortened session on Monday as the weakest Chinese growth data in three decades weighed on investors and the International Monetary Fund lowered its outlook for global expansion, citing trade issues. Regular trading for US markets will be closed on Monday honor of Martin Luther King Jr. Day. Markets will resume the week on Tuesday. …

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Oil rises to 2019 highs on strong China demand despite economic slowdown By Reuters

© Reuters. Shengli oil field in Dongying, Shandong By Henning Gloystein SINGAPORE (Reuters) – Oil prices have returned to their highest for 2019 in China, the world's second -largest oil consumer, climbed to a record in 2018, despite being a slowing economy last year. International Petroleum Exporting Countries (OPEC), analysts said. International Brent crude oil futures () were priced at …

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China lowers taxes to counteract the slowdown

China plans to cut taxes, increase spending, and finance enough private and small businesses to counter the country's worst slowdown since the global financial crisis and the impact of a bloody trade war with the US. The People & # 39; s The Bank of China is confident that it can maintain the value of the currency, the yuan or …

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