If you’re interested in a punt, you’d best avoid the UK. The rich-country club thinks this nation will be competing with Russia for the wooden spoon.
That’s right, Russia, which is busy invading Ukraine and is subject to unprecedented international sanctions as a result. Its economy is being sustained through flogging discount hydrocarbons to whomever it can find to buy them. Regrettably, there remains a lively market for fossil fuels. Russia’s war means the world is coping with a massive energy price shock”.
It is the polluting economic fuel powering the high inflation witnessed across the developed world. Interest rates have been hiked in an attempt to control it, putting the brakes on economies that were just coming out of the Covid-19 pandemic. But Britain has gone into a hard reverse.
Bu hikaye The Independent dergisinin November 23, 2022 sayısından alınmıştır.
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Bu hikaye The Independent dergisinin November 23, 2022 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Giriş Yap
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