Global recession fears grow as factory activity shrinks

FILE PHOTO: Labourers work at export garment Maxport factory in Hanoi, Vietnam March 20, 2019. REUTERS/Kham -/File Photo

NEW YORK/LONDON/HONG KONG (Reuters) – Factory activity slowed in the United States, Europe and Asia last month as an escalating trade war between Washington and Beijing raised fears of a global economic downturn and heaped pressure on policymakers to step up support. Such growth indicators are likely to deteriorate further in coming months as higher […]

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