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Global economy chiefs fret over a Trump return as US election draws closer

  • Global economy leaders express concern about high uncertainty surrounding the upcoming U.S. presidential election and its potential impact on policies.
  • Concerns arise that Trump's win could lead to a larger deficit and higher long-term rates, negatively affecting emerging markets.
  • Economists note that tariff imposition could provoke global retaliation, complicating disinflation efforts for central banks.
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Bias Distribution

  • 63% of the sources lean Right
63% Right
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The Straits Times broke the news in Singapore on Monday, October 28, 2024.
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