Prolonged Middle East conflict could lead to recession, warns OECD

The OECD has warned that a prolonged conflict in the Middle East could plunge several countries into recession, predicting a global growth rate of only 2.8% this year, or as low as 2.1% in a more pessimistic scenario. The organization's forecast highlights the potential economic risks of ongoing geopolitical tensions. Global economic growth is expected to slow down due to the conflict. The OECD's warning suggests that the international community should be prepared for a potential economic downtu