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