The double shock, AI and armed conflict, has redistributive effects between countries but is devastating for Europe
Fossil fuels, electricity, maritime transport, metals... The age of abundance is over! This results in an increase in interest rates and prices that mainly affects the Old Continent, explains economist Patrick Artus in his column in "Le Monde".
We haven't written up this one. Le Monde Economie has the full story — the link below goes straight to it.