Louis Goss is a MarketWatch reporter based in London.
Standard Chartered CEO Bill Winters has said the “horrific wars” being fought in Ukraine and Israel/Palestine are unlikely to have a major impact on the global economy as they currently are having little impact on interest rates, commodity prices, or people’s ability to travel.
The veteran banker said “right now these wars are contained,” as he compared the Ukraine and Israel/Palestine conflicts to ongoing wars in locations across the globe, including the Wagner group’s incursions in the Sahel region of north Africa. “The global economy is resilient to things that don’t affect a few basics: interest rates, commodity prices, and people’s ability to travel,” Winters said.
The conference is an annual event backed by Saudi Arabia’s sovereign wealth fund that has come to be known as “Davos in the Desert” due its similarities to the World Economic Forum’s yearly summits in Switzerland.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Rabbi of Ukraine visits Oro Valley, links wars in Ukraine and IsraelCraig Smith enjoys the way reporting can be a passport to interesting experiences.
Read more »
Dueling rallies for Israel and Palestine held in SkokieDueling rallies for Israel and Palestine held in Skokie
Read more »
Two marches, two different views: Separate Dallas rallies supported Israel, Palestine on SundayA pro-Palestine rally was held Sunday at Dallas City Hall Plaza. A rally in support of Israel took place at the same time in a North Dallas park.
Read more »
Shot fired during dueling Israel-Palestine protests in IllinoisA man shot off his gun at dueling Israel-Palestine protests in Illinois Sunday.
Read more »
Q&A: To end Israel-Palestine conflict, 'anti-genocide consensus' urgently neededGiven Israel’s overwhelming military and diplomatic advantages, one has to swim against the tide to hope for humane outcome for Gaza. But Türkiye’s relative independence could allow it to play a leadership role in the effort, says Richard Falk.
Read more »