Economists are examining how the conflict could escalate as they plan for the next big global shock
Warning bells went off in financial markets the instant the extent of the deadly Hamas attack on Israel became apparent – and it is easy to see why.
One of the rules of thumb of geopolitics is that recessions are sparked by a sharp jump in oil prices, and the cost of crude is sensitive to events in the Middle East.
More Stories
Italy seeks to protect restaurants and hotels from fake and paid-for reviews
Bodies recovered from illegal goldmine in South Africa where many feared dead
US sues Elon Musk for allegedly failing to disclose early Twitter stock purchase