Hong Kong Economic Toll, U.S. Slowdown, EU Recession: Eco Day

(Bloomberg) -- Welcome to Wednesday, Asia. Here’s the latest news and analysis from Bloomberg Economics to help get your day started:

• The U.S. economy is losing speed, something that has economists wondering how slow it can go and still avoid recession
• Meantime, the global economy flashed clearer warning signs on Tuesday as a wave of data showed manufacturing stuck in a slump, exports falling and sentiment sliding
• The IMF expects a more significant global slowdown than it did three months ago, says First Deputy Managing Director David Lipton
• Months of protests in Hong Kong are taking an increasing toll on the city’s economy, with retail sales forecast to decline for a seventh month in August
• Our recession probability models show the risks are climbing for the EU’s three largest economies -- Germany, France and the U.K.
• Qatar’s economy looks far from top form as it wraps up a flurry of building projects for the 2022 soccer World Cup

To contact the reporter on this story: Chris Bourke in Sydney at cbourke4@bloomberg.net

To contact the editors responsible for this story: Nasreen Seria at nseria@bloomberg.net, Tracy Withers

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