Europe’s economy faces a one-two punch from extreme weather and war
Soaring temperatures are forcing drastic measures in Europe, where heatwaves are straining an economy under pressure from higher energy prices due to the Iran war.
Op-eds & Essays with Luisa Palacios & Francisco Monaldi • Barron's • October 23, 2023
By almost any measure, the world should be suffering a far more severe energy crisis.
The ongoing disruption of oil exports through the Strait of Hormuz has caused a substantial decline in China's crude oil imports.
The economic and humanitarian consequences of the June 24 twin earthquakes in Venezuela continue to emerge.
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Op-eds & Essays with Luisa Palacios & Francisco Monaldi • Barron's • October 23, 2023