Concerns abound as recovery of world economy runs out of steam
Another virus wave and expiry of government support for furloughed workers are among risk factors
The world economy’s rebound from the depths of the coronavirus crisis is fading, setting up an uncertain finish to the year.
The concerns are multiple. The coming northern winter may trigger another wave of the virus as the wait for a vaccine continues. Government support for furloughed workers and bank moratoriums on loan repayments are set to expire. Strains between the US and China could get worse in the run-up to November’s presidential election, and undermine business confidence...