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Paul Bloxham: HSBC chief economist on World Bank warning of a global economic slowdown

The World Bank is warning of a global economic slowdown.

They say many countries are likely to face a recession.

A forecast of global growth slowing to 2.9 percent has also been predicted by the World Bank, a drop of 1.2 percentage points from January.

HSBC chief economist Paul Bloxham joined Heather du Plessis-Allan.

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