News · 11 April 2026

War could cut global growth by one percent

World Bank President Ajay Banga warned Friday that Middle East conflict could reduce global growth by up to 1% if fighting continues. He also cautioned that inflation could rise by 2 to 3 percentage points, as oil prices have already surged 50%. Both risks pose serious consequences for consumers and economies worldwide.

By BriefTea Editorial · 11 April 2026 at 16:25

Reported by Reuters · How we write briefs

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