Just before the coronavirus appeared in Wuhan, China, and began its devastating trek across that nation and now the globe, the world economy had been humming along. There were hiccups here and there, but there were no fundamental fallouts to raise serious alarm. The trade battle between China and the United Sates, with their punitive tariff regimes, continued apace. The two countries were able to sign the first phase of an agreement. All this has receded into the…

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