TOKYO/BERLIN/NEW YORK/BEIJING -- The global economy in April-June logged its first quarter of negative growth since the coronavirus pandemic began two years ago, as mounting headwinds ranging from surging inflation in the West to zero-COVID restrictions in China weigh on economic activity.
Economy
Inflation drives global economy to first contraction since COVID
Countries walk tightrope between curbing prices and pulling plug on growth
Bangkok's port along the Chao Phraya River. As the developed world struggles with rising prices, concern grows over spillover effects on the developing world. © Reuters
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