Lucinda Creighton: Perfect storm of global crises must be met with a robust and united US-EU front

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Lucinda Creighton: Perfect storm of global crises must be met with a robust and united US-EU front Inflation, energy costs, trade wars and geopolitical problems are likely to remain issues globally in 2023, so Europe and its allies need to shape up

While 2022 was a year of geopolitical and economic crises, it seems probable that 2023 will be even more tumultuous.

The global economy has been hit by a perfect storm in the form of war in Europe, mounting energy prices, the sharpest increase in inflation since the 1970s, impending recession in the developed world and a sharp downturn in the Chinese economy – the largest in the world. Those hoping for a less turbulent forecast ...

 

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