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Russia’s invasion of Ukraine will cost the global economy $2.8 trillion in lost output by the end of next year—and even more if a severe winter leads to energy rationing in Europe—the Organization for Economic Cooperation and Development said Monday.
Russia’s War in Ukraine to Cost Global Economy $2.8 Trillion, OECD Says
Russia’s invasion of Ukraine will cost the global economy $2.8 trillion in lost output by the end of next year, the Organization for Economic Cooperation and Development said.