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Friday, March 1, 2024

"The Economist": a global recession is inevitable

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The visible decline in investments in housing construction is a reason for pessimism. Market data indicate that raising interest rates by the Fed has not brought the desired result and a recession is coming in the US – writes the British “The Economist”. According to Zanna Minton Beddoes, editor-in-chief, the scale of the geopolitical, energy and economic shock caused by the war in Ukraine is so great that in 2023 “a global recession is inevitable”.

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