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Lagarde: US-China split may weaken growth and fuel inflation

phkrause

By phkrause
in World Affairs

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phkrause

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The fragmentation of the world economy into rival blocs led by the United States and China threatens to destabilize global commerce, increase inflation and weaken growth, Christine Lagarde, the president of the European Central Bank, warned Monday.

https://apnews.com/article/global-economy-inflation-europe-china-lagarde-ecb-b591357054b8d233f8dd4efb61463d0e

phkrause

When the righteous are in authority, the people rejoice; But when a wicked man rules, the people groan. Proverbs 29;2

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