NEW DELHI, Sept 9 — The G20 warned today of significant headwinds and “cascading crises” buffeting the global economy, while saying more pain could be on the...
NEW DELHI, Sept 9 — The G20 warned today of significant headwinds and “cascading crises” buffeting the global economy, while saying more pain could be on the way.
“With notable tightening in global financial conditions, which could worsen debt vulnerabilities, persistent inflation and geoeconomics tensions, the balance of risks remains tilted to the downside,” it said in a statement. “Global economic growth is below its long-run average and remains uneven,” the G20 statement said. “The uncertainty around the outlook remains high.”
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