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OECD ups world growth forecast but sees Middle East 'risk'
OECD ups world growth forecast but sees Middle East 'risk'
Economy
by  AFP

The OECD raised its 2024 world economic growth forecast Monday but warned that the Middle East conflict posed a risk, with disruptions in Red Sea shipping threatening to increase consumer prices. "High geopolitical tensions are a significant near-term risk to activity and inflation, particularly if the conflict in the Middle East were to disrupt energy markets," the report said.