WASHINGTON — The European Union’s top economic adviser is warning the world that stagflation, a slowing of economic growth combined with rising inflation, may be on the horizon due to the ongoing hostilities between the United States and Iran.
“We had done some scenario analysis on the economic implications of war in Iran,” Valdis Dombrovskis, the European Commission’s Commissioner for Economy and Productivity and former Prime Minister of Latvia, told Breitbart News in an exclusive interview on Tuesday morning blocks away from the White House.
Dombrovskis had presented in late March to a Eurogroup press conference in Brussels warning about…
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