21-May-2026
Economy News
 
U.N. Cuts Global Growth Forecast to 2.5%, Blames Middle East Crisis
20-May-2026

The United Nations on Tuesday cut its forecast for global economic growth, saying the Middle East crisis had reignited inflationary pressures and heightened uncertainty. A U.N. press release summarizing the mid-year update to the global body's World Economic Situation and Prospects said : • Global GDP growth is forecast at 2.5% in 2026, compared with an estimated 3.0% in 2025, 0.2 percentage points below the January projection and well below pre-pandemic growth rates.

News Source:- https://money.usnews.com/investing/news/articles/2026-05-19/u-n-cuts-global-growth-forecast-to-2-5-blames-middle-east-crisis