War and inflation unbalance the world economy

The world economy outside of the United States is in the doldrums, sidetracked by soaring inflation, an energy crisis and now threats of nuclear war from Russia.

Business surveys released on Friday indicate economic activity in Europe fell sharply in September, raising the risk of a recession in one of the world’s industrial powerhouses as governments grapple with soaring prices and market disruptions. Moscow’s attack on Ukraine.


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