Economist Khazanov says the world economy is on the brink of a global crisis 08:30

Currently, there are signs of a new global crisis in the global economy. Increasing energy prices in Europe and China in 2021 and increasing sanctions pressures against Russia in 2022 and 2023 were cited as the main reasons. opens words of an independent expert in the field of industry and energy Leonid Khazanov “Lenta.ru”.

“The fears of a lost decade in the global economy are justified. In 2021, when energy prices rose, economic problems began with the energy crisis in Europe and China. Then it turned into a sanctions crisis with Russia and now there is a banking crisis,” he said.

In the current situation, after the collapse of the major investment lender Silicon Valley Bank and Swiss Credit Suisse in the United States, a possible decline in the real incomes of the population and the massive bankruptcy of Western banks cannot be excluded. At the same time, the list of potential problems for the global economy is not limited to these risks – further development could be “anything,” he concluded.

March 28, World Bank Chief Economist Indermit Gill declarationThe “lost decade” in the world economy may come. This will adversely affect the solution to the fundamental problems facing leading countries: chronic poverty, income inequalities and climate change.



Source: Gazeta

Popular

More from author

DPRK heard an eternal union with Russia 07:08

North Korea and Russia will always be together as an ally. This was reported by Korea's central telegraph agency (Tsak) Congratulating Russia by the...

The doctor appreciated the results of the pandema for the mental health of the Russians 07:00

At the end of 2019, everyone met an incomprehensible and terrible Covid-19. The situation influenced the lives of every person in many areas, in...

He commented on the strikes in the Indian Region at the Pakistan Ministry of Foreign Affairs 06:47

The coups in the territory of India from the Pakistani army are defensive in nature. About this in the mood of the television channel...

Russians warned about the use of remote access applications 06:47

Scammers began to miss money and personal data through remote access. About it Tass The Office of the Control Organization Against the illegal use...