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Protracted war could drag on global growth, push up inflation: OECD
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 possibility if it drags on into next year, the Organisation for Economic Co-operation and Development warned on Wednesday.
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theguardian.com
OECD predicts spate of recessions globally if Iran conflict drags into 2027
Policy forum lays out ‘prolonged disruption’ scenario in which world’s GDP falls to 2.1% this year from 3.4% in 2025
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economictimes.indiatimes.com
OECD warns prolonged Middle East war could sharply slow global growth
The global economy faces uncertainty due to the Middle East conflict. The OECD warns of recession and rising inflation if the war continues into next year. A prolonged conflict…
