Global Economy Endures War Shock—So Far

WASHINGTON DC, June 17 (IPS) - More than three months into the war in the Middle East, the global economy appears to be holding up. Commodity prices, inflation and expectations for it, and financial conditions have all been impacted—but not yet in ways that signal a global slowdown. And we have seen strong economic momentum in the world’s biggest economies, the United States and China.

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