Image: TASSPress review: Ukraine crisis nears peak as Israel-Turkey tensions rise over Syria - Press Review - TASS
• Experts interviewed by Vedomosti on August 20th report that Europe's economic gap with the United States is widening due to lower labor productivity and structural challenges. • The decline is attributed to a combination of demographic issues, exchange-rate effects, and a heavy dependence on foreign trade. • Key geopolitical and economic shocks, including Brexit, the COVID-19 pandemic, fuel crises, and conflicts in the Middle East, have severely weakened the EU's growth and resilience.
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