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[경제읽기] International oil prices have stopped climbing… Concerns about the global economic downturn?

International oil prices, which had been on a high rise day after day, fell sharply.

As the possibility of an economic downturn increases, concerns that demand for energy will decrease in the future appear to have spread to the market.

Let’s take a look at the possibility of a recession and the economic situation in the second half of the year with economist Park Yeon-mi.

hello.

Despite various countermeasures, international oil prices, which had been soaring as if 100 drugs were invalid, fell by 8-10% in just one day. There are voices saying that concerns over a recession have played a bigger role than inflation. Could you please explain?

Futures prices for most major commodities, including metals and grain, as well as crude oil fell. The price of raw materials traded in dollars has risen, demand has contracted, and prices have fallen, so it’s unacceptable. What about the price impact?

The global financial market is also in chaos. While the KOSPI was also affected and started down, there are warnings that major countries around the world could enter a recession within 12 months. How do you view the growing economic recession concerns? How do you forecast the economic impact in the second half of the year?

In the first quarter of this year, urban worker household income increased compared to a year earlier, but real income decreased. It is interpreted that this is because prices have risen more rapidly than incomes. How much has the burden on households increased?

The first high-level party council meeting since the inauguration of the Yun Seok-yeol administration was held today to discuss measures to stabilize people’s livelihood in the severe high inflation situation. President Yoon also said that he would preside over a weekly emergency economy meeting for people’s livelihood.

Convenience store owners are demanding the introduction of a ‘surcharge system’ that raises the price of goods at night. You want to be able to sell items at a maximum of 5% from 12 PM to 6 AM from next year. Why did this request arise?

What are the chances of a convenience store late-night surcharge becoming a reality? After the minimum wage was set at 9,620 won per hour for next year, both labor and management protested and the aftermath was expected. What kind of discussion do you think is needed to alleviate the side effects?

#international oil price #commodity #recession #high price #high-level party agreement #minimum wage

Yonhap News TV Article Inquiries and Reports: KakaoTalk/Line jebo23

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