Page 19 - Christopher Smart News Today : Breaking News, Live Updates & Top Stories | Vimarsana

AS the war in Ukraine enters its second month, Wall Street is considering an array of possible outcomes, from de-escalation to protracted conflict.

Russia’s 40-year effort to create a Western-style market economy is one more casualty of Putin’s invasion of Ukraine.

Weaker economic growth and perhaps even recession may be the price paid for conquering inflation, with emerging economies particularly vulnerable.

Even before the Russian invasion of Ukraine, financial markets were their most fragile since March 2020, at the start of the pandemic.

Economists are increasingly warning of a possible bout of stagflation, particularly in Europe, a situation of high inflation and low growth that afflicted major economies during the 1970s, as the ongoing Russia-Ukraine war shakes the global economy.