SINGAPORE (Sept 25): Oxford Economics says there is little chance of a global recession next year given evidence on the ground of a major and sustained worldwide slowdown is still thin.

However, Oxford Economics has warned of a so-called “Bermuda Triangle” of interconnected risks that are at their highest since the Global Financial Crisis.

In the Sept 24 report Global Macro Theme: Global economy’s Bermuda triangle risk is growing, the research house says the three risks are inflation, tighter monetary policies amid recession risks and trade wars as well as tightening global liquidity.

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