The firm sees “close to no chance” of a recession over the next 12 months, but a 38% probability in the following year.
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Goldman sees risks rising for a ‘mild’ recession, but not for at least another year
World
European stocks rise as UK GDP jumps and Iran peace talks remain in focus
A woman walks past mockups of Iranian missiles along Valiasr Square in Tehran on April 6, 2026. Atta Kenare | Afp | Getty Images LONDON — European stocks followed Asian markets higher on Thursday, as investors assess strong U.K. GDP data and Eurozone inflation data for March. Markets also continue to keep a close eye […]
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Europe could run out of jet fuel in 6 weeks, IEA chief tells AP
Stock picture of a British Airways plane taking off from London Heathrow Airport. Stefan Rousseau – Pa Images | Pa Images | Getty Images The International Energy Agency’s head warned Thursday that Europe maybe has six weeks left of jet fuel as the airline industry continues to grapple with headwinds due to the Middle East […]
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Iran war sparks ‘fundamental energy transition’ in Seoul toward renewables: Energy minister
This general view shows oil tanks and facilities at Yeosu National Industrial Complex, the largest petrochemical industrial complex in South Korea, in Yeosu on April 7, 2026. (Photo by Shin Yong-ju / AFP via Getty Images) Shin Yong-ju | Afp | Getty Images The Iran war is “serving as a significant turning point” for South […]
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