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<p>In a recent report, the IMF predicted Spain’s GDP could contract by 8% in 2020; the Bank of Spain estimates this year’s decline could reach 12.4% if the lockdown lasts 12 weeks (for now, the
<p>JP Morgan on the US deficit and how its supporting the economy. Main points from their note:</p><ul><li>The FY23 deficit is tracking about US$1.5 trillion, but only thanks t
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