Global economy will remain fragile next year, Moody’s says ...News

The world economy has witnessed the lowest global growth this year since the 2009 recession, according to international rating agency Moody’s. It expects the economy to stay fragile as risks to credit conditions rise. Although Moody's does not forecast recession in 2020, it has warned that such risks are building amid a worldwide backdrop of trade policy uncertainty. “Recession risks will remain elevated in Europe and the US, while in China domestic rebalancing will continue to create challenges in maintaining the country's rapid growth,” it said.The agency noted the risks will be centered around the US-China trade conflict, Brexit-rel

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