Middle East war could spark global recession, say Wall Street experts - short news
Fear adds to Russia-Ukraine conflict risk and increases ‘probability of European and of US recession’
A global recession could be triggered by the conflict in the Middle East as the humanitarian crisis compounds the challenges facing an already precarious world economy, two of Wall Street’s biggest names warned this weekend.
Larry Fink, chief executive of the world’s largest asset manager, BlackRock, said a combination of the Hamas atrocities of 7 October, Israel’s..
source: The Guardian - 05.11.2023