News Snapshot:
[post] was originally published on [this site] - China’s Evergrande is spooking markets and the global economy faces a range of threats that could derail recovery. - Soaring energy prices are disrupting production; in the background the US and China still aren’t getting along. - With growth slowing and prices hitting multiyear highs, economists are talking about the dreaded “stagflation.” - [See more stories on Insider’s business page] . The name Evergrande is becoming as famous in 2021 as the name Lehman Brothers was in 2008. The colossal Chinese real-estate developer is wobbling, threatening markets far outside China’s borders. But...
