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Friday, July 13, 2018

Singapore economic growth has slowed to 1% for Q2 2018.

https://sg.finance.yahoo.com/news/singapore-q2-gdp-growth-slows-003925540.html

Singapore economic growth has slowed to 1% for Q2 2018 which means that the world economies are slowing down too as SG is an international trading hub.

Conversely, the on-going US-China trade war will aggravate the worldwide slowdown further.  Thus, a worldwide recession is a real possibility in 2019.

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