global growth

Latest news and articles about global growth from NEX English

Rising Inflation and Slowing Global Growth Due to Middle East War

Kristalina Georgieva, Managing Director of the IMF, stated that the ongoing war in the Middle East will lead to increased inflation and a slowdown in global growth. She emphasized that while there is currently no food crisis, the situation could change if fertilizer supplies are affected.

Escalating Middle East Conflict Threatens Global Growth and Inflation

The OECD warns that the escalating conflict in the Middle East has derailed the expected growth trajectory of the global economy, threatening a sharp rise in inflation rates. The disruption of energy shipments through the Strait of Hormuz could exacerbate these issues.