Russia's war in Ukraine is derailing the global economy's recovery from the pandemic. The Organisation for Economic Cooperation and Development (OECD) is the latest to slash its forecast for economic growth, warning of high inflation and a possible food crisis. Also in the show: India's central bank raises interest rates for the second time in less than a month, while Turkey's government refuses to do so, despite spiralling inflation.

Putin's war on Ukraine is having a devastating economic impact. Countries across Europe face spiralling prices and shrinking markets. Guests: Katja Gloger (Russia expert), Vendeline von Wedekind (The Economist), Vladimir Esipov (DW)

The Organization for Economic Cooperation and Development is warning that Russia's war in Ukraine will disrupt commerce and clog up supply chains, slashing economic growth and pushing prices sharply higher around the globe.

Putin‘s war on Ukraine is having a devastating economic impact. Countries across Europe face spiralling prices and shrinking markets. Our guests: Katja Gloger (Russia expert), Vendeline von Wedekind (The Economist), Vladimir Esipov (DW)

Ukraine war will have 'lasting consequences on global economy': IMF. Russia's invasion of Ukraine has sparked a massive humanitarian and economic crisis. Gita Gopinath, First Deputy Managing Director of the International Monetary Fund, tells France 24 the war will also have 'lasting consequences on the global economy.'

It's been a chaotic start to the year for the global economy, with the Omicron variant of Covid-19 disrupting a range of industries. In this edition, we're looking ahead to what else may be in store for the rest of 2022. Ian Bremmer, President of Eurasia Group and GZERO Media, joins us to discuss his annual list of top geopolitical risks the world faces. They include: China's "zero-Covid" policy, big tech companies' influence on the world, the US midterm elections, US-Russia tensions, climate change and more.

The World Bank has downgraded its previous prediction for global growth in 2021 to 4 percent. The organisation warned of a subdued recovery that could lag even further if countries do not stem the rise in coronavirus infections and effectively deploy vaccines. The European Union is also starting to look ahead to how to spend its recovery fund – with the largest recipient, Italy, on the brink of political crisis.

China’s response to the coronavirus pandemic has cleared its path to become the world’s largest economy before the end of the decade, according to a new report by a UK think tank.

The global economy is facing its worst peacetime crisis in almost 100 years, according to the Organisation for Economic Co-operation and Development. In its latest forecast, the OECD warns the effects of the slump will be "dire and long-lasting" after a 6 percent plunge in global growth this year.

More than $8 trillion has been pumped into the global economy during the coronavirus crisis, as governments and central banks do their best to limit the long-term damage.

Here is why you should pick a copy of The Guardian on Saturday. Find these stories and much more when you grab a copy of The Guardian on the newsstands on Saturday.⁣

The spread of the new coronavirus and COVID-19 has had a profound effect on the global economy in a staggeringly short space of time. The longer-term impact depends on how quickly the virus can be tackled.