submitted 7 months ago by uzong
- The United Nations Department of Economic and Social Affairs warns that the global economy is at a delicate point due to trade tensions and uncertainties in policies, with higher tariffs causing inflation risks and disrupting supply chains.
- This economic slowdown is affecting both developed and developing countries, with countries like the United States, Brazil, Mexico, and China experiencing growth revisions and challenges like weakening consumer confidence and high inflation rates, especially in food prices.
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