Emir of Qatar Sheikh Tamim bin Hamad Al Thani warned on Tuesday of a wave of global economic stagnation and inflation that the world has not seen in 45 years, citing a slowdown of growth in the global economy by about a third this year.
Speaking at the opening of the Qatar Economic Forum 2022, Sheikh Tamim said the economic forecasts indicating a slowdown of growth in the global economy could be a prelude to an inflationary recession the world has never seen since the period between 1976 and 1979, according to the world bank reports.
