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Pacific rim economies in doldrums, sapped by inflation, war

Summary by Ground News
Weaker growth in the U.S. and China is a big factor behind the regional malaise. Russia's economy is expected to contract due to the implications of its war in Ukraine. Most economies in the region are just beginning to fully emerge from border closures and other pandemic-related precautions.
Pacific rim economies in doldrums, sapped by inflation, war
10 days ago·Moscow, Russian Federation

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abc News

Pacific rim economies in doldrums, sapped by inflation, war

Economies in the Asia-Pacific are forecast to hit the doldrums this year as decades-high inflation and the war in Ukraine add to uncertainty and the aftereffects of the pandemic

10 days ago·United States
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Associated Press News

Pacific rim economies in doldrums, sapped by inflation, war

Economies in the Asia-Pacific are forecast to hit the doldrums this year as decades-high inflation and the war in Ukraine add to uncertainty and the aftereffects of the pandemic. A

10 days ago·United States
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KVIA

Pacific rim economies in doldrums, sapped by inflation, war

By ELAINE KURTENBACH AP Business WriterBANGKOK (AP) — Economies in the Asia-Pacific are forecast to hit the doldrums this year as decades-high inflation and the war in Ukraine add to uncertainty and the aftereffects of the pandemic. A report on Pacific Rim economies by the Asia Pacific Economic Cooperation forum says growth in the region will likely fall by more than half this year to 2.5%. It says trade has weakened this year after rebounding f…

10 days ago
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KRDO

Pacific rim economies in doldrums, sapped by inflation, war

By ELAINE KURTENBACH AP Business WriterBANGKOK (AP) — Economies in the Asia-Pacific are forecast to hit the doldrums this year as decades-high inflation and the war in Ukraine add to uncertainty and the aftereffects of the pandemic. A report on Pacific Rim economies by the Asia Pacific Economic Cooperation forum says growth in the region will likely fall by more than half this year to 2.5%. It says trade has weakened this year after rebounding f…

10 days ago
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KIFI

Pacific rim economies in doldrums, sapped by inflation, war - Local News 8

By ELAINE KURTENBACH AP Business WriterBANGKOK (AP) — Economies in the Asia-Pacific are forecast to hit the doldrums this year as decades-high inflation and the war in Ukraine add to uncertainty and the aftereffects of the pandemic. A report on Pacific Rim economies by the Asia Pacific Economic Cooperation forum says growth in the region will likely fall by more than half this year to 2.5%. It says trade has weakened this year after rebounding f…

10 days ago
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MY Northwest

Pacific rim economies in doldrums, sapped by inflation, war

BANGKOK (AP) — Economies in the Asia-Pacific are forecast to hit the doldrums this year as decades-high inflation and the war in Ukraine compound geopolitical uncertainties and the aftereffects of the pandemic. A report on Pacific Rim economies by the Asia Pacific Economic Cooperation forum said Friday that growth in the region will likely fall by more than half this year to 2.5% from 5.9% last year, when many countries were recovering from the …

11 days ago·Tacoma, United States
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