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Last week, Japan and the United Kingdom (UK), two of the world’s largest economies, slipped into technical recession. Meanwhile, China is finding it difficult to return to its days of world-beating growth. At the same time, the global economy has faced multiple hits thanks to geopolitics. The Ukraine war shook up energy prices; US-China rivalry broke supply chains; now West Asia is once again unstable. For multiple countries, the fragile economic recovery after the pandemic is clearly being threatened by the failure to maintain global order, say the top edit. Read it here
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