Either path leaves the global economy worse off than before the war, with slower growth and hotter inflation.

The OECD has cut its global growth outlook, warning of lasting damage caused by the Middle East conflict.

Many countries would risk falling into recession if the war continues into 2027. Read more at straitstimes.com. Read more at straitstimes.com.

The global economic outlook hinges on how long the war in the Middle East lasts, with recession in some countries and sharply higher inflation a real...

Either path leaves the global economy worse off than before the war, with slower growth and hotter inflation.