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International News

IMF sees medium-term risks to global economy; more easing not the answer

“Taking a longer-term view, …the easing of global financial conditions so late in the economic cycle and the continued buildup of financial vulnerabilities — including the rise in asset valuations to stretched levels in some markets and countries, the rise in debt, and large capital flows to emerging markets — could threaten growth in the medium term,”

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Epidemics and equities: What the coronavirous means for markets

For global corporations, Wuhan is an important hub. Of about 2,000 cities in China with factories and other facilities in Bloomberg’s supply chain database, the city ranks 13th, with about 500 facilities. The province of Hubei has 1,016, making it seventh of 32 such jurisdictions. US-based companies have 44 facilities there, and European ones about 40, the data show. Many plants are in the auto and transportation industries, and big names include PepsiCo Inc. and Siemens AG.

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