World Bank sharply cuts global growth outlook on trade turbulence
“This would mark the slowest rate of global growth since 2008, aside from outright global recessions,” the World Bank said of its forecast.
Economic news
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Italy, Greece and Spain emerge as winners in bond market anxiety
Eurozone’s former crisis spots have shaken off concerns over rising debt levels as investors bet on fiscal co-operation
FCA gives green light to Pisces share trading scheme
Buying and selling of stakes in private companies could begin later this year under delayed plan
Central banks can brush aside rising long bond yields
Their credibility is strong, the spillovers are small and financial conditions are improving