In the New Geo-Economic Order, Price Shocks Are Here to Stay
Source: Jacobin · Bias: Far Left
Summary
Less than three years after the disruptions of the pandemic and the war in Ukraine subsided, the world economy confronts another sustained energy and supply chain shock. The war launched by the United States and Israel against Iran, and Iran’s retaliatory strikes against US military assets and oil production infrastructure across the Persian Gulf, have […]
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