OECD sees weaker growth, higher inflation if Mideast war drags on
AI Summary
The OECD's warning about weaker global economic growth and higher inflation underscores the critical impact of the Middle East conflict on worldwide markets. If the war persists, countries might face recession, and inflation could skyrocket due to disrupted supply chains and soaring energy prices. This scenario highlights the interconnectedness of global economies and the potential ripple effects of regional conflicts on everything from trade to daily living costs.
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