The Iran war is impacting the global economy
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The world economy’s first signs of a synchronized shock emerged in business surveys revealing how the Iran war’s fallout is crippling growth momentum and stoking prices.
Events in the Middle East have materially changed the near-term economic and financial outlook. Monetary policy expectations in futures markets have shifted markedly. Read more here.
Amid an energy crunch, many countries have taken steps to cope. Thailand has asked civil servants to conserve energy by pausing overseas travel and using stairs instead of elevators, while Bangladesh has closed universities.
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Middle East war impact: Russia's Putin warns Iran war could disrupt global economy & energy supply like Covid
India, March 27 -- The world economy is becoming even less certain with Vladimir Putin telling people that the current tension between Iran, Israel and the United States may lead to similar disruptions in the world economy like the one caused by the COVID-19 pandemic.
On this episode of The Long View, Neil Shearing, Group Chief Economist at Capital Economics and author, breaks down why he believes that the world is not deglobalizing, what he sees for the US and China in the global markets, and more insights from his new ...