The ‘long storm of inflation’

“We are facing risk and fragility that is unprecedented in the last 80 years,” Tharman Shanmugaratnam, who’s also the country’s senior minister, said at the IMAS-Bloomberg investment conference

SINGAPORE: The world is being challenged by a “perfect long storm” of geopolitical risks, food shortages, climate change and prolonged inflation, according to the chairman of Singapore’s central bank.

“We are facing risk and fragility that is unprecedented in the last 80 years,” Tharman Shanmugaratnam, who’s also the country’s senior minister, said at the IMAS-Bloomberg investment conference here yesterday.