Damage Spreads

Описание: Win My Beach House or £250,000 in Cash https://raffall.com/406639/enter-raff...

If you would like to support the Channel:
https://www.buymeacoffee.com/JoeBlogs
  / joeblogsyt  
YouTube Membership -    / @joeblogs  
YouTube Super Thanks (click below)

The economic damage from the war in Iran is now starting to appear in the official data.

For months we've discussed the risks of higher oil prices, rising gas costs, increasing inflation and slowing growth. Those warnings are now becoming reality.

The UK economy has contracted, inflation in the United States and Europe has climbed to its highest levels in around three years, and central banks that were expected to cut interest rates are now raising them instead.

In this video I look at the latest GDP figures, inflation data, interest rate decisions and growth forecasts from around the world to examine how the war in Iran is impacting the global economy and why economists are becoming increasingly concerned about the risk of slower growth, higher inflation and even recession in some countries.

I also discuss the latest developments in the conflict itself, including reports of potential peace negotiations, comments from Donald Trump and why the economic consequences of the war may continue long after any ceasefire is agreed.

If you enjoy the video, please like, subscribe, and share your thoughts in the comments below.

#oilprice
#iran
#recession
#inflation
#energycrisis
#brentcrude
#oilshock
#economiccrisis
#iranwar
#nato
#dieselprices
#diesel
#oilprices
#energycrisis
#forcemajeure
#gasprices
#globaleconomy
#oilmarkets
#lng
#straitofhormuz
#russiaoil
#middleeast
#russia
#middleeastwar
#oilshock
#inflation
#iran
#usa
#trump
#geopolitics
#stockmarket
#brentcrude