Russia's war in Ukraine and the energy and food crises it worsened will severely drag down global economic growth and push up inflation this year, the Organization for Economic Cooperation and Development said Wednesday.
China's “zero-COVID" policies that have scrambled manufacturing supply chains also are weighing on a world economy that was just starting to rebound from the COVID-19 pandemic, the Paris-based OECD said, becoming the latest institution to slash its growth forecast and underscoring the dimming economic outlook.
