Economists from Luminor Bank indicate that despite geopolitical instability, the global economy shows resilience, although the recent oil and gas price crisis may significantly impact some countries like Lithuania.
In their latest analysis, economists from Luminor Bank emphasize that the global economy remains surprisingly resilient amid the backdrop of unstable geopolitical circumstances and rapid fluctuations in various market stimuli. They suggest that while the recent crisis in oil and gas prices might appear concerning, its effects on macroeconomic processes could be limited if ongoing conflicts do not prolong. This is a critical situation as several nations have already begun experiencing price hikes in their economies independent of global conflicts.
