Global stock markets plunged recently after weak U.S. jobs data intensified fears of a recession in the world’s largest economy. This downturn saw the Dow drop more than 1,000 points, with significant declines in Asian and European markets as well. The data has spurred speculation about multiple interest rate cuts by the Federal Reserve. Prof. Paweł Wojciechowski, former Polish Finance Minister, joins TVP World to analyze these developments and their political implications.
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