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   News alert: OECD cuts global growth forecast
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   The Middle East war could push several economies into recession.
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               OECD cuts global 
growth forecast and warns the Middle East war could trigger recessions
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              The OECD cut its global growth forecast to 2.8% for 2026, down from 3.4% last year, warning Wednesday that a failure to reach a Middle East peace settlement could drag several economies into recession. If Strait of Hormuz disruptions persist well into next year, 
the group estimates growth could fall as low as 1.8% in 2027 — with inflation running significantly higher. The OECD flagged AI spending as the one potential bright spot, but said that upside depends on both a Middle East settlement and a meaningful drop in energy costs.
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                   |
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                   <a data-linktext="PRIVACY POLICY" data-linktype="Normal" style="color:#168DD9;text-decoration:none" target="_blank">
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