Economy / FinanceAsiaNorth America

Sean Foo: As Washington Triggers Japan Currency Panic, Finance Giant Warns 90% Chance of US Recession

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The global economic landscape is becoming increasingly turbulent, with a confluence of factors suggesting a rocky road ahead. As the trade war between the US and China continues to escalate, Japan finds itself edging closer to a potential currency confrontation with the US. Meanwhile, prominent financial institutions are sounding the alarm about a looming US recession, with one global bank going so far as to declare the end of US exceptionalism. For months, the US has been locked in a tense trade standoff with China, imposing tariffs on billions of dollars worth of goods. This has sent ripples throughout the…

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