FTSE 100 falls, set for first quarterly drop since Sept 2020 ...Middle East

London's FTSE 100 fell on Thursday and was set for its first quarterly decline since September 2020 on concerns that prolonged inflationary pressures would force central banks to act aggressively, leading to a global economic downturn. The blue-chip index dropped 1.5% by 0706 GMT, and was also on course for its biggest monthly decline since March 2020.

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