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Nikkei plunges as Asian markets brace for further tariff fallout; Trump
says ‘sometimes you have to take medicine’ – business live
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Japan’s stock index plummets almost 9% on Trump tariff concerns after
almost $5tn was wiped off the value of global stock markets last week
Hong Kong sto...
1 hour ago
Seeded by Brian Stora
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My colleague makes a good case that Europe is on the verge of a double dip. What about America? Its odds of recession have risen in the last month but I’d still put them below 50%. Yes, stock and bond markets have discounted the worst, but the hard data has actually gotten better. First, there was the positive employment report last Friday, largely drowned out by Standard & Poor’s downgrade of America’s credit rating.