World economy ‘not out of the danger zone’ amid conflicts, UN says 

The United Nations issued a somber global economic forecast for 2024 on Thursday, pointing to challenges from escalating conflicts, sluggish global trade, persistently high interest rates and increasing climate disasters.

In its flagship economic report, the U.N. projected that global economic growth would slow to 2.4 per cent this year from an estimated 2.7 per cent in 2023, which exceeds expectations. But both are still below the 3 per cent growth rate before the COVID-19 pandemic…