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DESMOND LACHMAN
How war in the Persian Gulf could spill into the US economyAttacks on Iran are disrupting oil supplies and raising prices. This is impacting consumers, especially those with lower incomes. Businesse...- America’s debt time bomb: Markets could crash before 2026 midterm elections, says ex-IMF official!Desmond Lachman, a former IMF official, warns of a potential US financial crisis before the 2026 midterms, fueled by declining trust in the...
- Trump says Canada, Mexico tariffs to take effect on Tuesday; stocks tumblePresident Trump announced that 25% tariffs on goods from Mexico and Canada will take effect, causing market instability and sharp declines ...
- Within days, Russia's war on Ukraine squeezes the global economyThe price of oil, natural gas and other staples spiked Monday. At the same time, the groaning weight on supply chains, still laboring from ...
- Economists eye surging money supply as inflation fears mountMoney supply - which measures outstanding currency and liquid assets - rose 12% year-over-year in April, according to The Center for Financ...
- Fed poised to crawl onto ‘knife edge’ to rein in record largesseFed officials have said they want to see “substantial further progress” toward their goals of maximum employment and average 2 per cent inf...
- Greenspan's 'superstar' image at riskThe next bubble to deflate may be Alan Greenspan’s reputation. Hailed as perhaps the greatest central banker who ever lived when he left th...
- Free trade champion Zoellick may stick to basicsRobert Zoellick’s biggest task at the World Bank, next to restoring staff morale, may be to restrain the expansion of the largest developme...
- Foreign cash floods emerging marketsEmerging markets from the Baltic states to Latin America, awash in overseas capital, are paying a price for their popularity.
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