1970s lessons have made global economies less vulnerable to oil shocks

Business

1970S Lessons Have Made Global Economies Less Vulnerable To Oil Shocks

By AP News

WASHINGTON (AP) — The world economy is experiencing a disorienting flashback to the 1970s. Oil prices are once again surging in the wake of war in the Middle East, driving up the cost of gasoline, diesel and jet fuel and threatening a return to stagf ...Read more