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UN warns of fragile global economy amid rising trade tensions

punchng.com/un-war...

submitted 11 months ago by uzong

UN warns of fragile global economy amid rising trade tensions

submitted 11 months ago by uzong

UN warns of fragile global economy amid rising trade tensions
  • 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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