Business

The forecasts are fatal. OECD warns against slowdown


According to OECD, the global economy is heading In the direction of the weakest growth period since the crisis caused by Covid-19 pandemic. This, as the analysts of the organization explain, is to be caused by the trade war of US President Donald Trump, which weakens the dynamics of leading economies, including the USA.

As a result, OECD reduced the forecasts of global production and most leading G20 economies, warning that Agreements on the relief of trade barriers will be “key” to revive investments and avoid higher prices.

Global economic growth downwards

Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

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