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That uncertainty is a big part of the problem for Europe's economy.
See here:
Fears of energy supply disruptions have pushed benchmark gas prices up by about 85% since the invasion of Ukraine, according to the Intercontinental Exchange.
On Wednesday, prices rose 5% to as the deadline for the pipeline's reopening inched closer.
Like the United States and other developed economies, Europe is dealing with soaring inflation. And political upheaval. And climate change. And a discernible shift in the direction of the economic rebound.
A European recession isn't a given. But "a sharp downturn in growth is 100% sure," my colleague Julia Horowitz writes.
That uncertainty is a big part of the problem for Europe's economy.
See here:
Fears of energy supply disruptions have pushed benchmark gas prices up by about 85% since the invasion of Ukraine, according to the Intercontinental Exchange.
On Wednesday, prices rose 5% to as the deadline for the pipeline's reopening inched closer.
Like the United States and other developed economies, Europe is dealing with soaring inflation. And political upheaval. And climate change. And a discernible shift in the direction of the economic rebound.
A European recession isn't a given. But "a sharp downturn in growth is 100% sure," my colleague Julia Horowitz writes.
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