Are we heading for a global recession?

The world’s two biggest economies are fighting a trade war, European growth is slowing and global manufacturing data looks grim. Financial markets are flashing warning signs. It’s been a decade since the last global recession and in 2019 so far, the data has started to turn down. Are we on the verge of an economic meltdown? And what can countries do to avoid recession or reduce its impact when it comes?

(A container ship being loaded in a harbour in Asia. Credit: Getty images)