IMF: The Russian war against Ukraine was a turning point for the global economy. The Russian aggression has had severe consequences for the global economy, and has become a turning point for the world’s future, said the deputy head of the IMF, Gita Gopinath. The war has incr... #GitaGopinath #GlobalEconomy #Globalinflation #imf #UkraineEconomy #WarinUkraine
The OECD has improved its economic forecast for 2024. The Organization for Economic Co-operation and Development (OECD) has improved its 2024 global economic growth forecast to 2.9% from the 2.7% it anticipated in November. The GDP growth forecast for 20... #GDPforecast #GlobalEconomy #Globalinflation #OECD #OECDforecast
The UN does not see positive prospects for the global economy, but they recognize the stability of the Ukrainian economy. In the UN Report on the World Economic Situation and Prospects for 2024, analysts predict that the growth rate of the world economy will slow from 2.7% last year to 2.4% in 2024. Economists predict th... #GlobalEconomy #Globalinflation #UkraineEconomy #UN #WorldEconomyForecast
The OECD has improved its two-year forecast for the world’s economy. The Organization for Economic Cooperation and Development predicts the global economy will grow by 2.6% this year. In November 2022, the organization’s 2023 forecast was for 2.2% growth. Now, th... #Globalinflation #OECD #WorldEconomyForecast
Biden calls the Russian Federation’s war against Ukraine one of the main factors of world inflation. US President Joe Biden said during his annual address to Congress that the COVID-19 pandemic and the war unleashed by Russia against Ukraine are the main causes of global inflation. According to him, ... #Globalinflation #JoeBiden #WarinUkraine
The EuroChambres predicts difficult times for the global economy. The international business community expects a challenging year in 2023, according to the association’s website. In the European Parliament’s global economic survey based on the responses from t... #EuroChambres #GlobalEconomy #Globalinflation
People around the world are losing economic optimism. At the end of 2022, only 40% of the planet’s inhabitants believed that their families would live better in the next five years. This is a 10% decline compared to 2021, according to a survey by t... #EconomicOptimism #Globalinflation #worldeconomy
The World Bank declares a high risk of global recession. The World Bank’s report on the global economic outlook notes that even without a new large-scale crisis, global growth is expected to slow significantly in 2023 amid the strengthening of several... #GlobalEconomy #Globalinflation #worldbank
The S&P has worsened the forecast for the global economy due to the war in Ukraine. The international rating agency S&P Global Ratings lowered its economic growth estimates for 2023. Analysts explained their forecast by noting pressure from the Russian Federation’s war agai... #GlobalEconomy #Globalinflation #StandartandPoor
The IMF characterized the prospects of the world’s economy as “gloomy”. The International Monetary Fund has downgraded its forecasts regarding the prospects for the development of the global economy and called them gloomier. The IMF has identified the main reasons for thi... #Globalinflation #IMFforecast #WorldEconomyForecast
Global inflation will increase due to Russia’s aggression against Ukraine. The full-scale war launched by Russia against Ukraine has significantly impacted the world economy. The world’s economic growth rate has slowed, and inflationary processes have accelerated. According ... #Globalinflation #worldeconomy
