economic crisis

Senior UN economists warned on Wednesday that intersecting crises are likely to add further damage to the global economy, with growth set to slow from three per cent in 2022 to 1.9 per cent this year.

Ripple effects from the war in Ukraine have generated a severe cost-of-living crisis which no country or community can escape, UN Secretary-General António Guterres said on Wednesday at a press conference to launch the latest report on the conflict’s impacts on food security, energy, and financing.

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