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Crises Are the New Standard: Why Europe Falls Back in Global Competition

The Iran war shows the vulnerability of the world economy. Globalisation threatens to get out of control. But above all, Europe is poorly equipped for the challenges ahead.

4 Articles

The Iran war shows the vulnerability of the world economy. Globalisation threatens to get out of control. But above all, Europe is poorly equipped for the challenges ahead.

·Zürich, Switzerland
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Lean Left

Energy crisis: Stock markets experienced a recovery week after weeks of losses. That optimism does not align with the reality of the…

·Netherlands (Kingdom of the)
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In the face of Iran's war, shortages of fuel and gas are threatening – or they have already occurred. An overview of how so far the world is taking action against it.

Rising oil prices are no longer the only factor in how the Iran war puts pressure on the world economy. Supply shortages in energy, fertilizers, medicines and important industrial raw materials drive inflation. They could trigger even deeper economic consequences – even if the conflict ends soon. A farmer fertilizes his fields in Thailand: developed countries feel the effects of the war in wallets. But for other, poorer countries it's about life…

·Zürich, Switzerland
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watson.ch/ broke the news in Zürich, Switzerland on Friday, April 3, 2026.
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