Middle East upheaval comes at a bad time for the global economy
This latest instability is stagflationary and may add to the erosion of the US-led economic order
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The spectre of stagflation
War in Iran threatens to hit growth and confidence, deepen governments’ unpopularity and hurt public finances
A turbulent week for financial markets
Investors risk being too complacent about war in the Middle East
Eurozone faces ‘deepening economic woes’ from Middle East conflict, survey…
Closely watched Purchasing Managers’ index points to first contraction in 16 months in private sector activity
Stagflationary forces are building
A weakening US labour market and financial strains come as the Iran war and surging oil prices spark concerns about inflation…
Investors are shaken, but not yet stirred
Amid global turmoil, markets are focused on the hit to economic fundamentals
US inflation jumps to 3.8% as Middle East war stokes price rises
April figure marks highest level in three years as effects of conflict reverberate through US economy