By Shigeru Sato and Yuji Okada
June 25 (Bloomberg) -- The global economy would collapse if oil hit $200 a barrel, said the top energy analyst at Germany's largest bank.
``Two-hundred dollar oil would break the back of the global economy,'' Deutsche Bank AG's Chief Energy Economist Adam Sieminski said in an interview today in Tokyo. ``Next step after $200 would be global recession and bad news for everybody.'' Read more: World Economy Would Collapse
EU Parliament approves USA trade deal, though upset with the USA
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2026 © COGwriter COGwriter Despite being upset with the USA, the Parliament
of the European Union approved the Trump Administration trade deal:
European ...
2 days ago
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