The United Nations has lowered its forecast for global economic growth and raised the prospects for inflation in response to Middle East crises and rising oil prices. U.N. economists said Tuesday ...
UN economists forecast global GDP to grow 2.5 percent in 2026 and 2.8 percent in 2027.
The global economy is set for one of its weakest expansions this century as the conflict in the Middle East pushes energy prices higher, but could grow even more slowly if the Strait of Hormuz remains ...