Is the world embracing a brief recession?

HONG KONG — The world has been preoccupied with the slowdown in China, but the bigger issue is the global economy, says Jim Walker, founder of the independent
economic research house, Asianomics.
Walker believes the world is entering recession right now, but the consolation is that this recession will be brief, and is unlikely to cause a financial crisis.
The culprits, he says, are the European