8.2 C
New York
Saturday, November 16, 2024

Global trade at risk: Lloyd’s forecasts over $14 trillion economic fallout from conflicts

Global trade at risk: Lloyd’s forecasts over $14 trillion economic fallout from conflicts

By:By 

Lloyd’s of London warns that a potential geopolitical conflict could devastate the global economy, triggering $14.5 trillion (£11.89 trillion) in losses over the next five years and upending global trade.

Lloyd’s new scenario is part of its systemic risk series, designed to provide governments, insurers, and risk managers with crucial insights into the most pressing global threats.

More here >

This post was originally published on this site

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

156,491FansLike
396,312FollowersFollow
2,320SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x