Enda Curran and Katia Dmitrieva

Government, Business, Logistics

World Economy Edges Closer to Recession as Trade Woes Spread

Truck Qilai Shen/Bloomberg News

The escalating trade war between the U.S. 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.

August 7, 2019