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Economic sentiment in Europe plummeted in March, according to the latest flash data released on Monday. Source: cnbc.com
Canada’s sudden focus on the Arctic’s security and natural resources has come at the right moment for Premier R.J. Simpson and the Northwest Territories. Source: bloomberg.com
Adopting a state spending cap could help combat a mounting fiscal crisis. Source: illinoispolicy.org
Egyptian President Abdel-Fattah El-Sisi appealed to his US counterpart Donald Trump to find a way to end to an Iran war that’s sent global energy prices soaring and threatens developing nations’ economies. Source: bloomberg.com
Economists and investors are increasingly pricing in a slowdown, or even a global recession, if the fighting drags on. Source: nytimes.com
Israel’s economy is expected to grow between 3.3% and 3.8% in 2026 depending on how long fighting continues in Iran and southern Lebanon, the Finance Ministry said on Monday. Source: reuters.com
The US economy is under strain, and the oil price shock could tip it over into recession. Source: cnn.com
The impact of the rupee’s depreciation on India’s economy will likely be mixed, with the country’s import bill expected to be higher while export competitiveness may improve, a junior finance minister said. Source: bloomberg.com
While the country’s economy and currency are struggling, Japan’s property fundamentals remain strong. Source: scmp.com
Policymakers in the Asia-Pacific region are facing their toughest test since the COVID-19 pandemic, with few easy options, as they race to cushion their economies from an energy shock that is hitting harder and sooner than elsewhere. Source: reuters.com
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