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War in Ukraine set to lower global economic growth and further exacerbate inflation, OECD warns

Summary by Ground News
Growth in the European Union will be hardest hit, with a decline of 1.5 per cent in GDP. The United States is expected to fare better, with an impact of around 0.8 per cent. Canada is an energy net exporting country and a wheat exporter, so for Canada, the effect is similar or more muted.
5 months ago·Washington, United States

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Reuters

Ukraine crisis could cut 1% off global growth this year

The Ukraine crisis could knock more than a percentage point off global growth this year and add two and a half percentage points to inflation, the OECD estimated on Thursday, calling for targeted government spending hikes in response.

5 months ago·United Kingdom
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The Guardian

OECD says Ukraine war means governments must help households with rising bills

Leading thinktank raises global inflation forecast to 7.5% as cost of food staples, minerals and energy soars

5 months ago·London, United Kingdom
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Global News

Global economy will suffer from Russia’s war on Ukraine, OECD warns - National

Russia’s war in Ukraine will disrupt commerce and clog up supply chains, slashing economic growth and pushing prices sharply higher around the globe warns OECD.

5 months ago·Toronto, Canada
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abc News

War in Ukraine will take global economic toll, group warns

The Organization for Economic Cooperation and Development is warning that Russia's war in Ukraine will disrupt commerce and clog up supply chains, slashing economic growth and pushing prices sharply higher around the globe

5 months ago·United States
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Associated Press News

War in Ukraine will take global economic toll, group warns

Russia's war in Ukraine will disrupt commerce and clog up supply chains, slashing economic growth and pushing prices sharply higher around the globe, the Organization for Economic Cooperation and Development

5 months ago·United States
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Independent.ie

War in Ukraine will take global economic toll, OECD warns

Russia’s war in Ukraine will disrupt commerce and clog up supply chains, slashing economic growth and pushing prices sharply higher around the globe, the Organisation for Economic Co-operation and Development (OECD) has warned.

5 months ago·Ireland
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Bias Distribution

41% of the sources lean Left, 41% of the sources are Center
The Guardian
Global News
abc News
Associated Press News
The Washington Post
Irish Examiner
+2
Reuters
KVIA
Sky News
News 4 JAX
The Globe & Mail
WPLG
+2
Independent.ie
MY Northwest
Wall Street Journal
L 41%
C 41%
R 18%
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