Middle East states seek to stave off global downturn
World Bank report portends trouble for fragile economies; Saudi Arabia looks to copper; Oman invests in hydrogen; Egypt floats its exchange rate; Iran’s currency crisis; Algeria expects to profit.
![Middle East oil](/sites/default/files/styles/article_hero_medium/public/2023-01/GettyImages-1236360201.jpg?h=1d34674f&itok=dO_L2ZGJ)
Russia-Ukraine war propels global downturn
This is going to be a terrible year for the global economy.