Tame inflation by significantly raising interest rates. The United Nations Conference on Trade and Development, which publishes its annual report, warns. “The monetary and fiscal policies taken by advanced economies risk pushing the world into a global recession and prolonged stagnation,” said Rebeca Grynspan, UNCTAD Secretary General. The indicators concern the UN agency. The world economy will only grow by 2.5% in 2022, predicts Cnuced, and by 2.2% in 2023. The figures are panicking. This drop in growth should generate a cumulative shortfall of more than 17,000 billion dollars on a planetary scale, or roughly the equivalent of China’s GDP. “There is still time to ward off the risk of a recession,” said the secretary general.
Related posts:
Where to invest in 2024? See Warren Investimentos analysis
it could revolutionize the way you shop
Gold prices are heading towards gains of about $300 since the beginning of 2024.. What is the reason...
Inflation: how to take advantage of the international market
Risk of soaring fish prices due to bad weather
London Stock Market: FTSE Closes Down 11.09 Points | RYT9
Gas Fee on Ethereum Hits $100,000 After Yuga Labs Offers Buying Otherdeed NFTs
The issue of purchasing power is back on the agenda of the government and Emmanuel Macron