Brokers’ say global googly a macroeconomic disaster

Global trade is in turmoil after the googly thrown at it by the Coronavirus, which has turned the outlook sharply from the expectation of decent growth to a likely batting collapse.

For the uninitiated the googly is a spinning ball that looks, when bowled, like it will head in one direction, but turns sharply in the other direction when it pitches. But cricketing analogies aside, there is a serious feeling that this year the global economy could be written off, as growth collapses like an...

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