Alva Review-Courier -

As global economic picture dims, solutions seem out of reach

 

August 23, 2019



WASHINGTON (AP) — As global leaders gather on two continents to take account of a darkening economic outlook, this is the picture they face:

Factories are slumping, many businesses are paralyzed, global growth is sputtering and the world's two mightiest economies are in the grip of a dangerous trade war.

Barely a year after most of the world's major countries were enjoying an unusual moment of shared prosperity, the global economy may be at risk of returning to the rut it tumbled into after the financial crisis of 2007-2009.

Worse, solutions seem far from obvious. Central banks can't just...



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