World economy edges closer to a recession as trade dread deepens

THE ODDS of an oncoming global recession are rising amid a continuing trade dispute between the U.S. and China. / BLOOMBERG NEWS
THE ODDS of an oncoming global recession are rising amid a continuing trade dispute between the U.S. and China. / BLOOMBERG NEWS
WASHINGTON – The escalating trade war between the United States and China is nudging the world economy toward its first recession in a decade with investors demanding politicians and central bankers act fast to change course. The latest setback hit German industrial production, which in June registered its biggest annual decline in almost a decade,…

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