Fitch Recession Warning for US and Eurozone – WORLD
“High geopolitical risks”
“Geopolitical risks remain high,” Fitch Ratings said in a statement. So far, there is no clear path to reconciliation for Russia and Ukraine, or for Sino-US relations. “The risks associated with this issue have increased with the appreciation of the dollar. In 2023, the focus will be on small emerging market countries that have higher financing needs compared to foreign reserves.”
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