The Organisation for Economic Co-operation and Development (OECD) published a gloomy economic forecast for 2023 on September 26 – suggesting that Europe faces a very difficult economic climate if the current energy crisis worsens, with winter temperatures likely to be a decisive factor.
Across the globe, the OECD projects GDP to be $2.8 trillion lower than the Paris-based forum expected before Russia invaded Ukraine – a diminishing of expectations equivalent in size to the entire French economy.
