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Global Economy Bleak As Streams Of Data From Europe & Asia Suggest Growth Faltered

Data from Europe and Asia suggest that growth in the third quarter was slowed by global supply-chain bottlenecks, sharply accelerating inflation and the impact of the highly contagious Delta variant. This has dimmed the outlook for the global economy. As a result of congested ports and bottlenecks in the global supply chain for raw materials and components, manufacturers around the world have…