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Charting the Global Economy: War pushes up prices, dents growth
The Iran war is fueling a global inflation wave, prompting the European Central Bank to raise interest rates for the first time in nearly three years. US inflation accelerated significantly, while the World Bank now forecasts the slowest global growth since 2020 due to soaring energy prices and disrupted commodity flows.
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independent.co.uk
Citing fallout from Iran war, World Bank cuts forecast for global economic growth
The economic fallout from the Iran war — higher energy prices and increased uncertainty — will drag down global growth this year, the World Bank said Thursday
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al-monitor.com
World Bank lowers global growth forecast on Iran war impacts
The World Bank on Thursday lowered its global growth forecast to its lowest level since the pandemic, warning of the expanding economic impacts of the war in the Middle East on…
