The global economy is expected to grow by only 3.1 per cent this year, down from the 4.0 per cent projected in January, largely derailed by the war in Ukraine, according to the UN’s latest World Economic Situation and Prospects (WESP) report, launched on Wednesday.

The Takeaway: UN General Assembly debate Day 5
Lavrov issues call for new Eurasian ‘security architecture’
Cuba warns against ‘law of the jungle’ as Foreign Minister denounces US pressure
Saudi Arabia warns Gulf security inseparable from global stability amid regional tensions
Countries far from conflict paying the price for wars not their own, India tells UN
Canada urges stronger partnerships as global order faces ‘rupture’