Jamie Dimon, Chief Executive Officer (CEO) of JP Morgan Chase believes the ongoing Palestine conflict can have “far-reaching impacts” on international trade, energy, and food costs.  According to JP Morgan’s Chief, the world seems to be facing one of the “most dangerous time[s]” in decades since the escalation in Palestine, costing the lives of many innocents, including women and children, with Israel expected to launch a ground offense in Gaza. Jamie Dimon believes the Gaza-Israel crisis will have “far-reaching impacts” on the international community.  Over 40 US lawmakers urge Biden to push Israel to establish humanitarian corridor Jordan’s king warns against displacing 2.3 million Palestinians It is pertinent to note that JP Morgan Chase is among the largest banks in the US. Dimon has warned the interest rates may also increase further in the US, as consumer savings seem to be dwindling. According to Dimon, “The war in Ukraine compounded by last week’s attacks on Israel may have far-reaching impacts on energy and food markets, global trade and geopolitical relationships”. The financier further said that while there is “hope” for the best, the firm is preparing for a “range of outcomes so we can consistently deliver” irrespective of “the environment”.  … Continue reading World may face ‘most dangerous time’ in decades: JP Morgan Chief