Europe Struggles to See What’s Next for Russia

Deutsche Bank now forecasts a deeper recession for Europe next year. “We are revising the euro area GDP forecast for 2023 from to :” DB analysts in a note today.


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Battered by skyrocketing gas prices, companies in Europe that make steel, fertilizer and other feedstocks of economic activity are shifting operations to the U.S., attracted by more stable energy prices and muscular government support. 

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