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Reply to "Trump 47 Economy"
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[quote=Anonymous]War in the Middle East is having an uneven impact on global economies but “all roads” lead to higher prices and slower economic growth, an influential economic body has warned. The International Monetary Fund (IMF), which advises on policy and gives financial aid to member countries, said it was stepping up support, especially to the most vulnerable economies. The war’s impact is “both global and highly uneven”, with some countries likely to face a renewed cost-of-living squeeze, IMF economists wrote in a blog post on Monday. The US has eased oil sanctions on Russia and Iran in an attempt to contain soaring energy prices but there are still fears that the economic damage from the war could be so great that it could cause a global recession. [/quote]
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