“The United States economy is suddenly staring down an array of new and potentially damaging crises, with tensions flaring in the Middle East, port workers striking on the East and Gulf Coasts and several states grappling with fallout from a devastating hurricane,” the New York Times reports. “The events hit just as American policymakers were gaining confidence that they had successfully tamed inflation without pushing the economy into a recession and as polls and consumer surveys suggest that Americans’ sour economic mood had begun to improve.
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Taegan Goddard, Political Wire
Thu, 10/03/2024 - 9:43am
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Frank Ahrens is a principal at BGR Group, a Washington-based political consulting firm, and head of BGR Analytics, creator of the Best States for Asian Investment Index.
10/3/2024 - 9:05 am | View Link - IMF Says Escalation of Middle East Conflict Poses Significant Economic Risks
WASHINGTON (Reuters) - The International Monetary Fund said on Thursday an escalation of the conflict in the Middle East could have significant economic ramifications for the region and the global ...
10/3/2024 - 6:35 am | View Link - U.S. Faces Economic Turbulence Just as Recession Fears Eased
War in the Middle East, a strike by port workers and a devastating hurricane have injected uncertainty into the U.S. economy.
10/3/2024 - 5:21 am | View Link - Singapore economy faces uncertain near-term outlook, inflation to slow in second half of 2023: MAS
Growth prospects have been dampened by an ongoing slowdown in the global electronics industry and recent bank collapses abroad, said the central bank in its latest half-yearly macroeconomic review.
10/2/2024 - 3:26 pm | View Link - The Choice America Now Faces in Iran
Israel may well choose to attack economic targets, and in particular the oil industry that keeps Iran’s economy afloat. Attacks on the nuclear program—buried and dispersed at different sites—would ...
10/2/2024 - 11:45 am | View Link - More
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