Gulf War: Global Economic Risks Rising, S&p Predicts Recession

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The global economic risks from the war in the Middle East are rapidly increasing. S&P Global Ratings writes it in its Global Economic Outlook. According to the report "the risks for the US prospects are decidedly down" while in Europe, "if the oil shock was more severe and lasted beyond the baseline scenario, inflation could exceed 5% in May/June, sending the economy into technical recession in the middle of the year." In the Continent it is Ita…

Adevarul

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The rise in energy prices, the disruption of supply chains and insecurity are increasing: the consequences of the war in Iran are being remedied worldwide. What does this mean for the global economy and for Germany?