1 result tagged economy
When global leaders gathered at the annual World Economic Forum conclave in Davos last month, they were looking at a bleak economic scenario. Two-thirds of the economists polled by the WEF for its Chief Economists Outlook report said a global recession – a shrinking of the world’s gross domestic product – was likely in 2023. Also in January, the World Bank warned the global economy was “perilously close to falling into recession”.
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