UN agencies: Geopolitical tensions test the resilience of the global economy

```htmlJinse Finance reported that on May 21, the United Nations Conference on Trade and Development (UNCTAD) released a report on May 19 stating that, supported by trade, industrial production in developing economies, and investments related to artificial intelligence, the global economy has demonstrated a certain degree of resilience this year. However, escalating geopolitical tensions are testing this momentum. The report predicts that, affected by rising energy prices, transportation disruptions, market volatility, and increased demand for financial safe-haven assets, global economic growth in 2026 will slow to 2.6% from 2.9% in 2025. The risks faced by developing economies are particularly prominent—many countries not only need to cope with rising costs of fuel, food, and fertilizers, but also face challenges such as exchange rate fluctuations, tightening financing conditions, and weakening investor confidence.```