Live News Updates: OECD Cuts Global Forecasts And Predicts Fullyear Recession In Europe
If a severe winter exacerbates energy shortages in the region, a recession that could slow global growth awaits next year, the OECD has warned. In its semi-annual economic outlook published last Monday, the Paris-based agency projected global output growth of 3 percent in 2022 – half of what it saw in 2021 – and cut … Read more