Keep pulling the thread on Christine Lagarde.
The IMF, World Bank, and OECD are all revising their global GDP projections downward due to the ongoing war.
The European Central Bank has revised its inflation forecast for the Euro area to 2.6%.
The European Central Bank has revised its growth forecast for the Euro area to 0.9%.
The current economic situation in the Euro area is assessed to be between the European Central Bank's 'baseline' and 'adverse' scenarios.
A worst-case economic scenario would involve the closure of the Strait of Hormuz to shipping and transportation.
The Strait of Hormuz is a chokepoint for 20% of global gas and oil transit.
The European Central Bank's inflation forecasts for the Euro area range from a baseline of 2.6% to over 4% in a severe scenario.
There is currently no adequate global governance framework to manage the risks associated with artificial intelligence.
Hungary's new Prime Minister, Peter Magyar, has indicated a desire for Hungary to join the euro area.
Christine Lagarde intends to complete her full term as President of the European Central Bank.
Prior to the recent war, inflation in the Euro area had been oscillating around the 2% target for almost a year.
Christine Lagarde believes Asia is the primary victim of the current geopolitical conflict in terms of economic losses, not Europe.