Economic Recovery Is Under Way but Fighting Flare-Ups Is Key
The global economy suffered a severe contraction in the three months through June, and it is becoming clear that the strength of its recovery will depend on authorities’ success in dousing continued pandemic flare-ups.
Countries’ freshest economic-growth figures, to be released in coming weeks, are likely to show the global economy entered a recession in the first half of this year and shrank in the second quarter at the fastest peacetime rate since modern records began after the Great Depression. Read more…………..
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Eurasia Group Practice Head for China and Northeast Asia Michael Hirson joins Yahoo Finance’s Zack Guzman to discuss how China vowed to retaliate after President Trump said he signed a Hong Kong sanctions bill.