News Snapshot:
Economic implications of escalating US-China tensions: Hedge fund billionaire Ray Dalio explains United States-China relations have taken a turn for the worse with Nancy Pelosi, Speaker of the US House of Representatives, visiting Taiwan earlier this month. With the clash of the two superpowers, the economic implications of this friction could be much worse than the Russia-Ukraine war, according to billionaire investor Ray Dalio. In a blog post this week, Ray Dalio explained how the global economy would suffer if relations between the two countries take a similar trajectory to the US-Russia relations. Beijing is outraged by the move made...
