The world economy has so far absorbed elevated oil prices without a major slowdown, the OECD said in its latest assessment, though the international body cautioned...
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October 9, 2026
Category: Global Economy
Oil Price Shock Adds Fresh Strain to a Slowing World Economy
A sharp move in oil prices is amplifying pressure on the global economy, complicating the task of central banks already wrestling with sluggish growth and lingering...
Bank of England in focus as UK fiscal pressures mount
With the UK government facing a tight fiscal position, attention is turning to whether the Bank of England’s monetary policy decisions could provide any indirect relief...
AI Investment Boom Offsets Some Global Drag as Middle East Energy Risks Weigh on 2027 Outlook
A wave of artificial intelligence spending is providing a meaningful lift to the global economy, even as renewed energy market uncertainty tied to Middle East tensions...