
War fears: World on the brink of another recession
The world is in an economic crisis due to the wars in Ukraine and Iran. Tensions are rising due to the aggression of the United States, Israel, and Russia, and fears of a recession are growing. The failure of oil prices to fall and the inability of markets to recover even after the peace agreement in the Iran war are a cause for concern. Russian President Putin's order to escalate the war in Ukraine and the suggestion that foreigners in Kiev leave are worsening the situation. In the context of globalization, any war affects the world.




