Economics
Double Crises From Ukraine to China Take Toll on Global Recovery
- Bloomberg Economics forecast shows cumulative jolt to growth
- Outlook shows major hit to US and euro area economies
This article is for subscribers only.
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.
The double crises of Russia’s invasion of Ukraine and China’s new pandemic lockdowns are jolting the world recovery by exacerbating inflation and hurting growth, according to new research from Bloomberg Economics.