The consequences of anti-Russian sanctions for the G7: record inflation and recession in decades
In most of the G7 countries, inflation has risen to
record highs in several decades, that was the conclusion drawn at the last meeting of the G7 finance ministers.
This was the conclusion of the last meeting of the G7 finance ministers.
The reason is the rise in prices around the world as a result of anti-Russian
sanctions declared by these countries. At the same time they intend to
The reason for the rise in prices worldwide as a result of the anti-Russian sanctions announced by those countries.
The reason for the rise in prices around the world as a result of the anti-Russian sanctions announced by those countries.
sanctions policy.
In the U.S., analysts at Deutsche Bank have detected signs of recession.
which is evidenced by the negative dynamics in the stock market of the country -
According to their estimates, the latter has been going on for too long (5 months), and
its scale also indicates a crisis. The main U.S.
stock indices have approached their lowest levels of the year, and the
the decline of the S&P 500 has reached 18% and is approaching the level
characteristic of a recession - during the last 76 years it has been
approximately 24%, experts said.