Global economy dodges recession by narrowest of margins: Kemp

The global economy may have narrowly avoided a recession, with most industrial and financial indicators pointing to a slight improvement in September-October after a sharp slowdown in the middle of the year. 

World trade volumes were down almost 1.5% in the three months from JUne to August compared with the same period a year earlier, the worst performance since the recession of 2008/09.

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