The manufacturing of motor automobiles fell by 16.7{384657de762d2b88b1408f154c6be17e68def4f427972d0f01685bb85b78a590} in Quarter , its second consecutive quarterly fall, as a world semiconductor scarcity affecting the production of latest vehicles disrupted supply chains. Output in the manufacture of motor automobiles sub-industry is now 24.6{384657de762d2b88b1408f154c6be17e68def4f427972d0f01685bb85b78a590} beneath its pre-pandemic degree . Valuations of safe assets have spiked sharply, with the time period premium on long-dated U.S. government bonds falling to near record lows at negative 116 foundation points — that’s how a lot traders are prepared to pay for the protected harbor of U.S. government debt. Finally, because the coronavirus advances, it will be optimum to purpose for international cooperation on economic coverage matters, including…