US economy heading for ‘train wreck,’ billionaire warns

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EU’s top economy urged to consider fracking

Germany should look into increasing its use of the technology to boost domestic gas production, energy giant E.On says Germany should consider expanding domestic natural gas output, including through the use fracking, the chief executive of E.On said on Friday.

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Central banks risk plunging developed world into recession – OECD

Central bankers’ continued fight to bring rampant inflation under control could plunge developed countries into recession next year, the Organization for Economic Co-operation and Development (OECD) has warned.

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