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U.S. crude prices jumped more than 10 percent on Friday after a report once again suggested OPEC might resort to a production cut to reduce the world glut, and resilient stock markets added to the ris...
The recent plunge in global equity markets has led to fears of another economic downturn - one that might be a lot worse than what we saw in 2009. So, why is it happening? Here's a rundown of the various factors -- from the China problem to the crash in oil prices to the Federal Reserve's interest rate hike - that led to a perfect storm.