“Polycrisis”: this was the description Jean-Claude Juncker gave the nexus of challenges facing the EU in 2016, when he was European Commission president. Last week the International Monetary Fund underscored how multiple clouds — including the European energy crisis, rapid interest rate rises and China’s slowdown — have been gathering […]
yesterday economic news
Policy mistakes could trigger worse recession than 2007 crisis: UNCTAD |
“There is still time to step back from the edge of recession,” said UNCTAD chief Rebeca Grynspan. ‘Political will’ “This is a matter of policy choices and political will,” she added, noting that the current course of action is hurting the most vulnerable. UNCTAD is warning that the policy-induced global […]