Tag archives: situation

Europe situation seen imperiling ongoing fragile global economic recovery Continuing geopolitical tensions like those involving Russia and Ukraine have further tightened global energy supplies and are expected to push commodity prices higher, which will make the ongoing fragile global economic recovery more challenging, analysts said on Friday. Any escalation in hostilities will likely pose a significant risk to commodity exports and supplies and further inflate already elevated prices across energy classes and metals, said JPMorgan in a report. Russia"s impact on the global energy balance is far-reaching and oil is among the commodities most likely to see an impact should