Here are some of the latest news from the global economy:

1. *Global Economic Growth:* The global economy will grow by only 2.4% in 2024, marking its third consecutive year of slowdown⁽¹⁾. The World Bank warns that many developing countries will reach "paralyzing debt" levels and will face problems feeding themselves⁽¹⁾.

2. *Inflation in the U.S.:* Inflation in the U.S. rose in October after six consecutive months of slowdown⁽²⁾. This has raised concerns about the impact on the cost of living and economic stability.

3. *U.S. Federal Reserve:* The Federal Reserve cut interest rates by a quarter point to try to control inflation and support economic growth⁽²⁾.

4. *Geopolitical Tensions:* Rising geopolitical tensions could create new short-term dangers for the global economy, according to the World Bank⁽¹⁾.

5. *Growth in Latin America:* In Latin America, economic growth will be just 2.3% with disparate projections depending on the country⁽¹⁾.

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