World Economy Jolted by War With Recessions Now Seen Looming
- Most 2023 growth forecasts for G-20 cut by Paris-based OECD
- Indonesia is only group member with slightly better outlook
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The world as a whole has been jolted by the war in Ukraine, according to the OECD, which cut almost all growth forecasts for the Group of 20 next year while anticipating further interest-rate hikes too.