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Global Economy on Edge | San Jose News
Description
The global economy is in turmoil as inflation stubbornly climbs and interest rates soar, squeezing both businesses and consumers. Markets bristle with uncertainty amid rising geopolitical tensions, while households feel the pinch from soaring food and energy costs. Though some economies hold firm, recession risks are mounting — especially as Europe’s energy crisis and lingering supply chain woes add pressure. With governments and central banks at a crossroads, the next few months will determine whether this storm passes or deepens.
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