Global Economy’s Last Margin Shrinks as Energy Shock Deepens

1 min read
Source: The New York Times
Global Economy’s Last Margin Shrinks as Energy Shock Deepens
Photo: The New York Times
TL;DR Summary

The world economy, after absorbing a historic energy disruption sparked by Middle East conflict, has avoided a crash but faces shrinking wiggle room as persistent high energy prices and inflation widen risks, with Africa hit hard by rising food costs and more fragile harvests.

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