The Organization for Economic Cooperation and Development said the war is a test of the resilience of the global economy, with higher energy prices and uncertainty weighing on economic growth the longer it goes on.
“They are literally standing behind the [TSA] officers while they’re checking documents and screening passengers,” said an official of the screeners’ union.
The war in the Middle East has shaken global energy markets over the past few weeks. Given the volatility of fossil fuels, could this be the push countries need to invest more in renewable energy?
The Treasury Department is holding several government bond auctions this week. Those auctions often provide a clue as to what investors expect the economy to do in the future.
In a report from the health policy nonprofit KFF, more than half of respondents also said they are cutting back on household expenses in order to afford their higher insurance premiums under the Affordable Care Act.
