The Bank for International Settlements Warns of Multiple Pressures on the Global Economy
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Author:小编   

On June 28 local time, the Bank for International Settlements, headquartered in Basel, Switzerland, released a report stating that the current global economic growth is facing multiple pressures, including the potential unsustainability of the artificial intelligence boom, a fragile financial system, strained public finances, and rising inflation. Additionally, the 'historic closure' of the Strait of Hormuz has triggered an energy and raw material supply crisis, posing a new threat to the global economy. Despite the easing of geopolitical tensions and a decline in oil prices, the impact of this shock may persist.