25 Days
Source:
الاقتصادية
OECD: Global economy hinges on Iran conflict
The Organisation for Economic Co-operation and Development (OECD) stated that the fate of the global economy is linked to the course of the conflict in the Middle East, particularly centered around Iran’s war and the opening of the Strait of Hormuz. These issues have hindered economic growth and could lead to recession and high inflation. The report forecasts continued inflationary pressures and weak demand for a period, with increased inflation estimates for 2027 and only slight adjustments to previously weak growth forecasts.
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