Middle East Conflict Sends Global Growth to Lowest Rate Since COVID-19
you are currently viewing::Middle East Conflict Sends Global Growth to Lowest Rate Since COVID-19June 11, 2026-The conflict in the Middle East is expected to slow global growth to the lowest rate since the onset of the COVID-19 pandemic amid higher energy prices, steeper inflation, and increased borrowing costs , according to the World Bank Group's latestGlobal Economic Prospects report.
Global growth is expected to improve to 2.8% in 2027 but will remain 0.4 percentage point below the average during the 2010s. Weak growth in developing economies has stalled progress toward advanced-economy income levels. By 2028, developing economies other than China and India will have collectively experienced nearly a decade of no progress on narrowing their per capita income gap with advanced economies, the report finds. Source: worldbank.org |
June 24, 2026-New global research shows affluent and high-net-worth investors use AI tools but rely on trusted professional advice when making financial decisions.
73% use AI for finance and investment, but just 12% say it was the most influential factor in their last investment decision.
Human expertise leads for investment ideas, with 62% citing financial professionals and institutions as the main source.
June 23, 2026-During May the actively managed ETFs industry globally gathered net inflows of US$100.08 billion, bringing year-to-date net inflows to US$411.75 billion, according to ETFGI's May 2026 Active ETF industry landscape insights report, an annual paid-for research subscription service.
May 28, 2026-The May 2026 Chief Economists' Outlook opens on a more pessimistic note than the January edition. Drawing on consultations and survey responses from the World Economic Forum's Chief Economists Community, the report examines a global economy unsettled by the escalation of conflict in the Middle East and the closure of the Strait of Hormuz.