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1970s-style stagflation could hit global economy, warns deVere CEO

Households, businesses and investors should prepare for 1970’s-style global stagflation, warned Nigel Green, the CEO of deVere Group, one of the world’s largest independent financial advisory organisations. Green's reaction came after private sector output in the euro zone sank to a 10-month low in March, amid mounting evidence of the impact the Iran conflict is having on the global economy. [...]