Quotes from the news wire:
These supply chains have been built over 30 years, so you just can't move them into another country, check back in at Davos in 10 years and see how different the global economic system is. It doesn't mean there's not a desire to change, but actually doing it is far more complicated.
Found on CNN 2 years ago
Fragmentation is the sense that we may be having economies protect themselves a little more domestically, and that could slow things down, and then it may make things more expensive in return.
Found on CNN 2 years ago
Given the punitive measures The West has taken against Russia, there's a serious conversation in some economies, including China, about reducing reliance on the dollar.
Found on CNN 2 years ago
Businesses are asking themselves,' Do I want to continue with something where I don't know if a contract I sign today can be executed weeks or months in the future,' the overall distress in Russian financial system makes it too uncertain. Businesses hate uncertainty. This is uncertainty on steroids.
Found on CNN 2 years ago
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