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Davos 2023: Global recession in 2023 seen as likely in World Economic Forum survey

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DAVOS, Switzerland (Reuters) – Two-thirds of leading public and private economists surveyed by the World Economic Forum expect a global recession in 2023, the organizer of the Davos Forum said on Monday, as business and government leaders gathered. its annual meeting. About 18% considered a global recession “highly likely” — more than double that of … Read more

Brazilian stocks higher in volatile trade after capital storming

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SAO PAULO/LONDON (Reuters) – Brazilian stocks rose in choppy trade on Monday, the day after thousands of supporters of former President Jair Bolsonaro stormed government buildings in the capital, echoing the January 6, 2021 insurrection in Washington. . The Brazilian real weakened nearly 0.55% against the dollar in spot trading, while the country’s benchmark stock … Read more