{"id":118610,"date":"2023-11-08T09:10:52","date_gmt":"2023-11-08T07:10:52","guid":{"rendered":"https:\/\/tietopankki.crnet.fi\/fi\/news\/imf-middle-east-conflict-could-drive-up-inflation-in-europe\/"},"modified":"2023-11-08T09:10:52","modified_gmt":"2023-11-08T07:10:52","slug":"imf-middle-east-conflict-could-drive-up-inflation-in-europe","status":"publish","type":"post","link":"https:\/\/tietopankki.crnet.fi\/en\/news\/imf-middle-east-conflict-could-drive-up-inflation-in-europe\/","title":{"rendered":"IMF: Middle East conflict could drive up inflation in Europe"},"content":{"rendered":"<div class=\"mp_wrapper\">\n  <div class=\"mepr-unauthorized-message\">\n    <p>You are unauthorized to view this page.<\/p>\n  <\/div>\n  <div class=\"mepr-login-form-wrap\">\n            \n<div class=\"mp_wrapper mp_login_form\">\n                  <!-- mp-login-form-start -->     <form name=\"mepr_loginform\" id=\"mepr_loginform\" class=\"mepr-form\" action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\" method=\"post\" data-trp-original-action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\">\n            <div class=\"mp-form-row mepr_username\">\n        <div class=\"mp-form-label\">\n                              <label for=\"user_login\">Username<\/label>\n        <\/div>\n        <input type=\"text\" name=\"log\" id=\"user_login\" value=\"\" \/>\n      <\/div>\n      <div class=\"mp-form-row mepr_password\">\n        <div class=\"mp-form-label\">\n          <label for=\"user_pass\">Password<\/label>\n          <div class=\"mp-hide-pw\">\n            <input type=\"password\" name=\"pwd\" id=\"user_pass\" value=\"\" \/>\n            <button type=\"button\" class=\"button mp-hide-pw hide-if-no-js\" data-toggle=\"0\" aria-label=\"Show password\">\n              <span class=\"dashicons dashicons-visibility\" aria-hidden=\"true\"><\/span>\n            <\/button>\n          <\/div>\n        <\/div>\n      <\/div>\n            <div>\n        <label><input name=\"rememberme\" type=\"checkbox\" id=\"rememberme\" value=\"forever\" \/> Remember Me<\/label>\n      <\/div>\n      <div class=\"mp-spacer\">&nbsp;<\/div>\n      <div class=\"submit\">\n        <input type=\"submit\" name=\"wp-submit\" id=\"wp-submit\" class=\"button-primary mepr-share-button\" value=\"Log In\" \/>\n        <input type=\"hidden\" name=\"redirect_to\" value=\"\/en\/wp-json\/wp\/v2\/posts\/118610\" \/>\n        <input type=\"hidden\" name=\"mepr_process_login_form\" value=\"true\" \/>\n        <input type=\"hidden\" name=\"mepr_is_login_page\" value=\"false\" \/>\n      <\/div>\n    <input type=\"hidden\" name=\"trp-form-language\" value=\"en\"\/><\/form>\n    <div class=\"mp-spacer\">&nbsp;<\/div>\n    <div class=\"mepr-login-actions\">\n        <a\n          href=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/?action=forgot_password\"\n          title=\"Click here to reset your password\"\n        >\n          Forgot Password        <\/a>\n    <\/div>\n\n      \n    <!-- mp-login-form-end --> \n  <\/div>\n      <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<div class=\"smart_content_wrapper\">\nThe International Monetary Fund (IMF) has warned that the conflict in the Middle East between Hamas and Israel could drive up inflation as central banks continue the battle to bring it down. During a media conference in Brussels, Alfred Kammer, the Director of the European Department at the IMF, said in his opening remarks that inflation could surprise on the upside. \u201cThe Israel &#8211; Gaza conflict has already impacted energy prices, which could drive up inflation in Europe more generally,\u201d he said at the meeting to coincide with the publication of the IMF\u2019s new Regional Economic Outlook report for Europe.<\/p>\n<p>Euronews asked Mr Kammer to further expand on the potential economic impact, including on oil and gas prices in Europe. \u201cThe Initial impact on oil prices has now fully reversed. We saw an increase in natural gas prices by 10%. The conflict has had a limited impact so far on European economies on the price side and further impact will depend on the duration and intensity of the Middle East conflict. \u201cIf it continues as we see, the impact will remain limited on Europe. On the pricing side with energy prices, something has realised but not in a dramatic fashion,\u201d he added.<\/p>\n<p>At the time of writing on Tuesday 7 November, Brent crude was trading down 3.05% at $82 a barrel, while US crude oil was down 3.17% at $78 a barrel, far off the $100 levels seen in February and March 2022 after the Ukraine-Russia conflict began. As such, the pricing side continues to be carefully watched by investors due to the implications of potential rising oil prices on the fight against inflation.<\/p>\n<p><a rel=\"noopener\" href=\"https:\/\/www.euronews.com\/business\/2023\/11\/08\/imf-middle-east-conflict-could-drive-up-inflation-in-europe\">Read more&gt;&gt;<\/a><\/p>\n<p>Source: <a rel=\"noopener\" href=\"https:\/\/www.euronews.com\/business\/2023\/11\/08\/imf-middle-east-conflict-could-drive-up-inflation-in-europe\">Euronews Business<\/a> <\/div>\n<p>The post <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\/vaufien\/imf-middle-east-conflict-could-drive-up-inflation-in-europe\/\">IMF: Middle East conflict could drive up inflation in Europe<\/a> appeared first on <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\">Vastuullisuusuutiset.fi<\/a>.<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[4295,696,1778,1054,5529,606,607,608],"class_list":["post-118610","post","type-post","status-publish","format-standard","hentry","category-news","tag-conflict","tag-europe","tag-imf","tag-inflation","tag-middle-east","tag-vau_viikkokatsaus","tag-vauen","tag-vaufien"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/118610","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/comments?post=118610"}],"version-history":[{"count":0,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/118610\/revisions"}],"wp:attachment":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/media?parent=118610"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/categories?post=118610"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/tags?post=118610"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}