Tag: inflation
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Prolonged Iran war could push economies into recession, OECD warns
The war in the Middle East has dented economic growth prospects worldwide, with a more severe shock likely if no effective ceasefire is agreed before 2027, the OECD warned Wednesday.
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OECD cuts 2026 global growth forecasts over Mideast war fallout
If energy disruption persists well into next year, some economies could fall into outright recession, with Asian countries reliant on Middle East energy supplies expected to be hit hardest.
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