Moody's says global economy will remain fragile in 2020

19 Nov 2019 09:24 AM


Moody's indicated that the global economy will remain fragile in 2020 as credit risk escalates. Her most prominent statements came as follows:
Increased political and geopolitical risks exacerbate slow growth
• These risks reduce the ability of economies to respond to shocks
• Commercial uncertainty will continue to disrupt value-added chains and affect investment
• Overall global growth will remain weak amid a slowdown in the US and China
• Recession risks remain high in Europe and the US

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