"If these things are not resolved, it probably means more global terrorism, which means more insecurity, which means more society is going to be fearful, less hope," BlackRock CEO Larry Fink said on Tuesday, speaking at anTourism to the Middle East and insurance premiums on supply chain goods will be negatively impacted, Kristalina Georgieva, the head of the International Monetary Fund, said on...
Major trade arteries in the region, including the Suez Canal and the Strait of Hormuz, are also now at greater risk of being attacked if the war expands. Choking off those points would create "major disruption" to supply chains for energy and goods, Pat Thaker, director of the Middle East and Africa region at the Economist Intelligence Unit,
36% of companies surveyed in July by Oxford Economics cited cross-border tensions as the top risk to the global economy over the next two years — surpassing financial crises, inflation and trade tensions.Earnings commentary that may reflect a rise in shaky business or consumer confidence. Snap said in its earnings yesterday that it had seen some advertisers pause campaigns "immediately following the onset of the war," Axios' Sara Fischer
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