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Moody's top economist Mark Zandi says: America has a week to secure peace deal
America has just days to secure a peace agreement with Iran or risk sliding into recession, according to Moody’s chief economist Mark Zandi. According to a report by Business Insider, speaking to Bloomberg, Zandi said that the increase in oil prices triggered by stalled negotiations has pushed the US economy to a critical threshold. Recently, Iran announced that it would halt negotiations and block the Strait of Hormuz until the important demands are met, sending Brent and US crude oil...