Growing Economic Risks of the Iran War
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Consumer prices rose an annual 2% in February — down from 2.1% in January, the German statistics office said on Friday. Economists in a Bloomberg survey had expected the rate to remain steady.
Heads of international development institutions held a closed-door session with German Chancellor Angela Merkel on Thursday to discuss the uneven global economic recovery, access to vaccines, and strategies to drive a recovery from the Covid-19 crisis. Read more.
KUWAIT: If the current energy price shock is sustained, the global economy is bound to face a stagflationary hit. Government bond yields are up sharply since the onset of the military conflict in the Middle East on February 28,