OECD & World Trade Organization

OECD: The OECD>>> is the primary source of the economic forecasts and warnings regarding the impact of the Middle East conflict on global growth and inflation.

World Trade Organization: The World Trade Organization>>> warned that the Middle East war is straining global energy supplies and hitting vulnerable economies.

OECD: The OECD warned that prolonged disruption of energy supplies from the Middle East due to the Iran war would severely impact the global economy, potentially leading to recession and increased inflation.

World Trade Organization: The World Trade Organization>>> warned that the conflict was straining global energy supplies.

OECD: The OECD (OECD) reported that Chinese companies received significantly more government support than OECD firms, providing data that supports the EU's argument about unfair state subsidies.

World Trade Organization: The World Trade Organization rules are mentioned in the context of the European Union's current low tariffs on China, indicating the framework within which trade disputes are typically addressed, though the EU is considering actions beyond these rules.

OECD: The OECD was mentioned in the G7 statement for its role in monitoring domestic policy impacts related to global imbalances.

World Trade Organization: The World Trade Organization was noted by G7 leaders as needing reform to better respond to contemporary challenges and member interests.