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LONDON: With 4.3% unemployment, the British economy would seem to be holding up well against a barrage of headwinds. But by one reliable measure, the jobless rate may already be telegraphing a recession.
This is no cycle, industry veteran says
That’s the outlook foreseen by Bloomberg Economics, whose aggregate gauge of world interest rates is seen beginning a swift descent in the first quarter. In advanced economies, that shift will take only slightly longer to transpire before they too synchronize downwards.
"We're not here as a vulture fund," industry veteran says of his new charge
Commissioner Mandy George, who has adamantly opposed projects involving special assessments, asked if there were any alternatives to increase safety, such as crossing guards.