Global Recession Fears Grow

Credit: Wochit Business
Published on June 5, 2019 - Duration: 00:45s

Global Recession Fears Grow

According to Reuters, Factory activity slowed in the United States, Europe and Asia last month as an escalating trade war between Washington and Beijing raised fears of a global economic downturn and heaped pressure on policymakers to step up support.

Such growth indicators are likely to deteriorate further in coming months as higher trade tariffs take their toll on commerce and dent business and consumer sentiment, leading to job losses and delaying investment decisions.

Advertisement

Global Recession Fears Grow

NOV.

9, 2017 FILE PHOTO Available for |Editorial uses|.

|Learn more| , Not released Contact your |local office| for all commercial or promotional uses.

Full editorial rights UK, US, Ireland, Canada (not Quebec).

Restricted editorial rights for daily newspapers elsewhere, please call.

MAY 31, 2012 FILE PHOTO FEB.

24, 2017 PHOTO

You are here

Recent related videos from verified sources

Euro Stocks Up On Trade Hopes 00:35
Credit: Wochit Business - Published on June 7, 2019 

Global recession fears grow as factory activity shrinks 01:51
Credit: Reuters Studio - Published on June 3, 2019 

Stock Futures Decline With Trade Tensions Sparking Recession Fears 00:36
Credit: Wochit - Published on June 3, 2019 

Factory Activity Has People Worried About A Recession 00:51
Credit: Wochit - Published on June 3, 2019 

You might like