“We are in one of the most fragile junctures for the world economy.”Mr. Gill’s assessment echoes those of other analysts.
Tensions between the United States and China over technology transfers and security only complicate efforts to work together on other problems like climate change, debt relief or violent regional conflicts.
If the conflict stays contained, though, the ripple effects on the world economy are likely to remain limited, most analysts agree.
At the moment, the United States is the world’s largest oil producer, and alternative and renewable energy sources make up a bit more of the world’s energy mix.
“It’s a highly volatile, uncertain, scary situation,” said Jason Bordoff, director of the Center on Global Energy Policy at Columbia University.
Persons:
” Mr, Gill, Mr, Jamie Dimon, JPMorgan Chase, Jerome H, Powell, ”, Jason Bordoff, Bordoff
Organizations:
JPMorgan, Hamas, Federal Reserve, Center, Global Energy, Columbia University
Locations:
Gaza, United States, China, Israel, Egypt, Syria, U.S, Europe, Iran, Persian