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The United Nations issued a somber global economic forecast for 2024 on Thursday, pointing to challenges from escalating conflicts, sluggish global trade, persistently high interest rates and increasing climate disasters.
The projection is a slowdown from 2.7% in 2023, the UN said, ahead of expectations but below the 3% from the before times.
United Nations, Jan 6 (Prensa Latina) The United Nations issued a somber global economic forecast for 2024 on Thursday, pointing to challenges from escalating conflicts, sluggish global trade, persistently high interest rates and increasing climate disasters.
United Nations economists are forecasting low growth globally this year, as recovery from the COVID-19 pandemic remains uneven internationally and wild cards such as climate shocks and geopolitical tensions could undermine progress. The U.N.'s flagship World Economic Situation and Prospects 2024 report launched on Thursday projects global economic growth will slow from 2023's estimated 2.7%…
The United Nations has issued a somber global economic forecast for 2024, pointing to challenges from escalating conflicts, sluggish global trade, persistently high interest rates and increasing climate disasters