Live Update 
From the Liveblog of
Thursday, March 17, 2022
From the Liveblog of
Thursday, March 17, 2022
OECD warns Ukraine war could slash global growth by a percentage point
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Customers walk past a closed shop counter at the Atrium shopping center in Moscow on March 17, 2022. (AFP)
PARIS — The fallout from the war in Ukraine could cut global economic growth by “over one percentage point” in the first year after the invasion, the OECD says in a report.
The impact “if sustained” would produce “a deep recession in Russia, and push up global consumer price inflation by approximately 2.5 percentage points,” the group of developed economies says in its report.
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