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Global growth forecast for 2022 to cut 3.5% amid Russia-Ukraine war
The report on global economic growth forecast for 2022 has downwardly revised from 4.4% in February to 3.5% in April 2022. The survey says that this decrease is due to deepening supply chain disruptions, vaccination inequality and higher inflationary pressures amid the Russia-Ukraine war. Global geopolitical tension is increasing the risks involved with investment and trade, as well as causing fluctuations in consumer demand. Further, prolonged conflict between Russia and Ukraine will continue to impact global growth in terms of production, trade, and employment. Major economies will continue to adopt tighter monetary policies to tame inflationary pressures amid rising oil and natural gas prices. GlobalData has revised its forecast for real gross domestic product growth in most regions: 0.5 percentage points for Asia-Pacific, 6.5pp for East Europe, 0.7pp for Western Europe, and 0.5pp in North America. The report anticipates that the Asia-Pacific region will be the fastest growing region in 2022, with its real GDP growth rate forecast at 4.2%. This is followed by the Middle East and Africa (MENA) region (4.1%), North America (3.4%), Africa (3.4%), West Europe (3.3%), Latin America (1.9%) and East Europe (-2.9%). India and China are forecast to grow by 7.7% and 4.5%, respectively, in 2022. Despite the risks and the expected slowdown in economic growth, India and China are expected to drive global growth. Other countries such as Vietnam, Bangladesh, Malaysia, and the Philippines are projected to register above 6% growth in 2022.
Global inflation is expected to rise to 6% in 2022, from 3.5% in 2021, due to a sharp rise in oil and gas prices, putting an upward pressure on the prices of goods and services. It forecasts that there will be a 6.6% inflation rate for the US alone, which is well above the Fed’s long-term target of 2%. Meanwhile, Eurozone’s inflation targets of 2% will be exceeded by major European countries in 2022. The Western sanctions on Russia, aبذریعے VARINDIA | 52 نظٓارہ
Top Features to Buy Samsung Galaxy M53 5g Telugu
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Samsung Galaxy M53 II My Experience Telugu
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Galaxy M53 Best Phone Under 25000 Range Telugu
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Galaxy M53 Best Phone Under 25000 Range Teluguبذریعے Telugu TechTuts | 127 نظٓارہ
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Ex-PAK captain Inzamam accuses India, Rohit delivers a Sherlock-worthy explanation.
Is this the 'Reverse Swinging Away'?
Ex-PAK captain Inzamam accuses India, Rohit delivers a Sherlock-worthy explanation.
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Ex-PAK captain Inzamam accuses India, Rohit delivers a Sherlock-worthy explanation.بذریعے CricTracker | 6315 نظٓارہ
ಹಬ್ಬಕ್ಕೆ ಚಂದವಾದ ತೋರಣ || Thorana designs || How to make Thorana decorations || Kannada sanjeevani
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ಹಬ್ಬಕ್ಕೆ ಚಂದವಾದ ತೋರಣ || Thorana designs || How to make Thorana decorations || Kannada sanjeevaniبذریعے Kannada Sanjeevani | 163316 نظٓارہ
CM पद को लेकर महाराष्ट्र में भिड़े BJP-Eknath Shinde और Ajit Pawar, टूटेगा NDA | PM modi | #dblive
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Delhi Airport पर बड़ा हादसा, मूसलाधार बारिश से टर्मिनल-1 की छत गिरी, 6 लोग घायल
Delhi Airport पर बड़ा हादसा, मूसलाधार बारिश से टर्मिनल-1 की छत गिरी, कई कारें आई चपेट में, 6 लोग घायल
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13 दिन का पक्ष में क्यों दिखाया जा रहा है इसका भय 23 जून से 5 जुलाई
Guru Ka Rashi Parivartan 2024
https://www.youtube.com/watch?v=DbnvKXash98&list=PL0N7ZGvupMUIHlgZE3tLqbor4oloqORkv
12 राशियां और आप
https://www.youtube.com/watch?v=U676GTxdJqM&list=PL0N7ZGvupMUKeqbyhu35H33HLjkuUIxVZ
शनिदेव और आप 2024
https://www.youtube.com/watch?v=1RO1erU4G7g&list=PL0N7ZGvupMUKc7kMvrBQ9c_6lluOVYPiw
Yearly Rashifal कैसा रहेगा 2024
https://www.youtube.com/watch?v=AbRIyBjh5rk&list=PL0N7ZGvupMUK8ddjMQkLifNTsYD8JA0Ml
आप की राशि 2024 के 6 महत्वपूर्ण घटनाएँ और 6 उपाय
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13 दिन का पक्ष में क्यों दिखाया जा रहा है इसका भय 23 जून से 5 जुलाईبذریعے Daati Maharaj | 1351 نظٓارہ
How To : Fuller lips with Easy Techniques - No Lip Liners - No Overlining Ft. Pilgrim Lip care range
Pilgrim, a vegan skincare brand, has announced that it is launching a lip care range, including lip serums, lip balms, lip scrubs and lip sleeping masks, in a range of fun and deliciously fragrant flavours including bubblegum, blueberry, and peppermint.
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Blatant Violation of model code of conduct in Odisha
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