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December 6, 2019
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World economy

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Global economy will recover in the second half of 2020, says UBS Global Wealth Management

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Global growth will recover in the second half of 2020 as the trade war between Washington and Beijing eases and central banks’ monetary policies come into effect says UBS Global Wealth Management. Source link: Click here for more
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‘Hard to imagine’ that Hong Kong tourism, retail sales will improve in November, economist says

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Retail sales fell 24.3% from a year ago, according to government data. The city’s government said that slump is the worst on record. Source link: Click here for more
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Surge in food prices may not cause a recession, but it could spark a humanitarian crisis: Nomura

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“A sustained surge in food prices is unlikely to cause a global economic recession, but it could cause a humanitarian crisis on a global scale,” according to Nomura. Source link: Click here for more
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Many firms have no contingency plans should US-China trade war worsen, DHL survey says

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“We’re now dealing with such a new frontier that most supply chain professionals have not encountered this before and its so new that I think a lot of people are struggling to even understand what they can do to deal with it,” DHL says. Source link: Click here for more

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