Get the app →
BriefTea logoBriefTea

Every story in sixty words

Get the free app no ads · no paywall

News · 11 April 2026

War could cut global growth by one percent

War could cut global growth by one percent

President Joe Biden via Wikimedia Commons (Public Domain)

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.

Reported by Reuters · How we write briefs

More briefs

GeneralTrump backs Netanyahu for re-election in Israel's 27 October vote SportsSonay Kartal Loses Wuhan Open Final to Maja Chwalinska SportsBrighton Beat Crystal Palace 5-0 With Gómez Halfway-Line Goal HealthFuel Leak From GE Aerospace Site Spreads 2.5 Miles Along River Taff PoliticsBBC Pauses Civil Servant Secondments to BBC Verify TechnologyMicrosoft Pulls Out of Planned AI Datacentre in Essex Browse all stories →