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30Jul2021 Midday Update: Wall Street Suffers Down Day With COVID News Leading The Fall, DOW Down 125 Points At 12:30 ET, Nasdaq Down 0 7%, WTI Crude Rises 73 80, US Dollar Eases Back Above 92
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Big, Bigger East India Company
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EXPLAINER: Risks underlie tumbling Chinese company shares
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Rabo: Capitalism? Communism? Fascism? Markets Are A Step Closer To A New Ism
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Global growth to stay strong but virus the top risk, say economists
Global economic growth prospects are holding strong for this year and next, despite a significant majority of economists in Reuters polls warning new variants of the coronavirus pose the biggest risk to that outlook.
A global survey of nearly 500 economists taken this month also concluded recent rising inflation in key economies around the world would be transitory.
The global economy was now forecast to expand a sizzling 6.0% this year, which would be its fastest in nearly half a century, followed by a still-robust 4.5% in 2022. Both were marginal increases from the April poll.