$200 oil – and two other scenarios – could tip the world into a recession, says this global bank
BNP Paribas warns $200 oil and two other scenarios could trigger global recession.
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bnp paribas says oil hitting $200 a barrel is one of three scenarios that could push the global economy into recession. the french bank laid this out in its latest quarterly outlook. the other two scenarios weren't specified in the summary, but the core warning is clear: extreme oil price spikes are a real risk in their models.
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