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The joint statement voices support for the “legitimate aspirations” of developing economies to play a greater role on the international stage BRICS members have agreed to continue pushing for inclusive multilateralism while expressing concerns about “unilateral coercive measures” that put pressure on emerging economies, according to a joint declaration released on Wednesday at their 15th…

There is a high risk of a global recession due to central banks’ anti-inflationary measures, a statement says The world is “on the edge of a recession,” the United Nations Conference on Trade and Development (UNCTAD) warned on Monday in its report, citing aggressive monetary policies in advanced economies.