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Global economy paying high price for Russia's illegal war: OECD
short by Dharini Mudgal / on Monday, 26 September, 2022
Organisation for Economic Co-operation and Development (OECD) has said the global economy will take a bigger hit than previously forecast in 2023 amid the Russian invasion of Ukraine. "World economy is paying...high price for Russia's...illegal war of aggression against Ukraine," it said. OECD cut its 2023 growth forecast for the global economy to 2.2% from 2.8% it estimated in June.
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