Global Growth Warning: UN Urges Action on Inequality and Inflation Targets

TL;DR Summary
The United Nations has warned of "stalling and divergent" global growth in 2024, with the global economy projected to rise slightly from 2.4% to 2.5%. The UN's Trade and Development Report highlights significant economic headwinds, including a potential slowdown in the US economy, stagnant European investment, and rising debt distress in developing countries. The report also calls for more regulation and oversight of food companies, citing concerns of profiteering and the need for a transparent food trade system.
- Prepare for 'stalling and divergent' global growth in 2024, UN trade arm warns CNBC
- U.N. body calls for countries to spur growth by reducing global inequality Reuters
- Central banks ‘risk global recession unless they relax 2% inflation targets’ The Guardian
- Coming Soon: World Economic Outlook, October 2023: Chapter 3 available now, Chapter 2 live on October 4 at 6:30am International Monetary Fund
- View Full Coverage on Google News
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