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by WARREN MOSLER

Rolling over:

A growing list of companies from FedEx to BMW are warning about the world economy

 

  • Executives at FedEx, BMW, UBS and others are describing bleak macro-economic conditions around the world this week, which they say are weighing on business.
  • The head of UBS says it was “one of the worst first-quarter environments in recent history,” while FedEx cited slowing international conditions and weaker global trade growth trends.
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