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皇冠官网开户(www.hg108.vip):IMF warns of severe recession across Europe in the event of a Russian gas embargo

皇冠官网开户(www.hg108.vip):IMF warns of severe recession across Europe in the event of a Russian gas embargo

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FILE PHOTO: The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, US. REUTERS/Yuri Gripas

BENGALURU: International Monetary Fund, on Tuesday warned that a Russian gas embargo would lead to severe recessions in eastern Europe and Italy if countries around the world hoarded their own scarce supplies, the Financial Times reported.

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The IMF predicted that unless liquid natural gas was shared and prices were artificially held down, any Russian action to stop supplying Europe would trigger economic contractions of more than 5% over the next year in the Czech Republic, Hungary, Slovakia and Italy, the newspaper added.

Reuters reported on Monday that Russia's Gazprom had told customers in Europe it could not guarantee gas supplies because of "extraordinary" circumstances, adding to fears that Moscow may not restart the Nord Stream 1 pipeline on Thursday. - Reuters


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  • 博彩平台网址大全(www.99cx.vip) @回复Ta

    2022-09-03 00:17:03 

    The aggressive chorus from central banks lifted short-term yields globally, while further inverting the Treasury curve as investors priced in an eventual economic downturn.盲猜好看

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