BUSINESS

Three headwinds for the global economy

Business, Piyasak Manason, Published on 23/10/2021

» In the past few months or so, several headwinds have emerged in the world economic arena. We have seen a sharp increase in commodity prices, including natural gas, crude oil, and coal, which has reached US$240 a tonne from about $70 last year. The result has been an electricity generation deficit in the biggest emerging economies such as China and India.