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OECD: Russia war, virus and climate hurting world’s poorest

KIFI

By PAUL WISEMAN
AP Economics Writer

WASHINGTON (AP) — Russia’s war against Ukraine, the lingering coronavirus pandemic and the damage of climate change are putting intense pressure on the world’s poorest, the Organization for Economic Cooperation and Development warns. The Paris-based OECD reported that 60 states, territories and locations fell last year into the category of “fragile contexts″ — meaning they were exposed to economic, environmental, social and political risks that they didn’t have the capacity to absorb. And that was before Russia invaded Ukraine and intensified their burdens. Monday’s report designated the most places in such dire straits since the OECD began issuing its States of Fragility report in 2015.

Article Topic Follows: AP National Business

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