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Global recession

UK to plunge into deepest slump on record with worst fall in GDP among G7 | Business

Britain’s economy will be officially declared in recession this week for the first time since the 2008 financial crisis, as the coronavirus outbreak plunges the country into the deepest slump

Not even Wall Street titans know the true cost of the coronavirus crisis | Business

An $8.3bn provision for bad loans is steep, even for JP Morgan Chase, the biggest bank in the US. Is it even roughly the correct number, though? Jamie Dimon, unrivalled

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