On Oct. 7, 2023, the Palestinian Islamist group Hamas led a surprise attack, by land, sea, and air, against Israel from the Gaza Strip. Over 1,200 Israelis were killed and
DUBLIN, February 22, 2024 KBRA releases a research report on the impact of geopolitical tensions on European corporations and energy markets. Rising geopolitical tensions pose indirect risks for corporate profitability and inflation in Europe via their potential impact on energy prices, transportation costs, and feedthrough into broader macroeconomic conditions. To date, the impact of the events in Ukraine and the Middle East and the ongoing risk of escalation have had a relatively mild influen
The 27-member bloc predicts marginal growth of less than one percent this year, raising concerns about potential economic challenges aggravated by risk factors like inflation, escalating geopolitical tensions in the Middle East, rising wages, strikes and cuts to energy subsidy programs.