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Bank for International Settlements warns global economy faces multiple pressures

金色财经_
Jinse Finance reported that on June 29, the Bank for International Settlements, headquartered in Basel, Switzerland, released a report at 28 June local time stating that current global economic growth faces multiple pressures, including that the AI boom may be difficult to sustain, vulnerabilities in the financial system, tight public finances, and upward inflation. The report also said that the “historic closure” of the Strait of Hormuz has triggered an energy and other raw materials supply crisis, posing a new threat to the global economic outlook. Despite easing geopolitical tensions and a sharp drop in oil prices, the impact of this shock may continue to linger. (Caixin)
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