Latest Recession News & Updates

New Delhi, May 14 (IANS) Leaders across the world have started raising the alarm over the energy shortage due to the Iran war and the wider economic disruption that is being caused in its wake, and Singapore’s Prime Minister Lawrence Wong has now warned that the West Asian crisis is not likely to end anytime soon, and the adverse economic fallout is expected to deepen.Wong has pointed out that the Strait of Hormuz has been closed for more than two months, and the impact is being felt not just in…