The CEO of FedEx has issued a grim warning, saying that he believes a worldwide recession is looming after the company saw a sharp decline in shipping volume in recent months.In an interview with on Thursday, FedEx CEO Raj Subramaniam said 'I think so' when asked whether the economy is 'going into a worldwide recession.''But you know, these numbers, they don't portend very well,' added Subramaniam, who said that the company's dismal latest profit projections were due to 'the macro situation that we're facing'.
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