The Global Economic Impact of Euro-Dollar Parity; How Sky-High Inflation is Affecting Restaurant Operators; Germany Faces A “Gas Cliff” if Russia Holds Back Supplies. 7/13/22
RBC’s Elsa Lignos discusses the broader impact of the euro trading at or below parity with the dollar on developing and emerging market economies. Plus, Tommy Hall, who manages several high-end restaurants throughout the country, talks about how high prices are affecting business and whether that’s getting passed on to customers. And, Eric Heymann of Deutsche Bank Research lays out several scenarios for if and when Russian resumes flows of natural gas to Europe, including the potential for rationing this winter.
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