The global economy faces growing risks of deterioration as the conflict in the Middle East continues, according to the Organization for Economic Co-operation and Development (OECD), which has reiterated warnings about weaker growth and rising inflation. Speaking on the sidelines of the G7 meeting i»»»

OECD Secretary General Mathias Cormann stated that the ongoing Middle East conflict is worsening global economic risks, exerting downward pressure on growth and upward pressure on inflation. The organization will revise its economic forecasts next month, acknowledging the immediate challenges posed»»»