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The IMF stated Tuesday that global growth will drop further next year as countries deal with the consequences of Russia’s invasion of Ukraine, soaring costs of living, and economic downturns.…
Economist Nouriel Roubini, who correctly forecasted 2008 financial crisis, predicts a “long and ugly” recession in the United States and around the world by the end of 2022 that might…
On Thursday, crude oil prices increased as Russia threatened to stop selling crude oil and gas to select customers. However, the market was also affected by worries that China’s extension…
On Wednesday, crude oil prices dropped more than $3 to their lowest level since Russia invaded Ukraine as a result of demand concerns fanned by potential recession threats and dismal Chinese trade…