Tag: prices
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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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India’s central bank may hike rates to defend its currency
A falling currency and rising risk of higher inflation could prompt India’s central bank to hike interest rates.
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Australia’s first-quarter economic growth misses estimates on severe weather, weak demand
The country’s GDP expanded 2.5% in the first three months this year, compared to a year earlier, missing economists’ expectations for a 2.6% growth.
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