1.0Times South Africahttps://timessouthafrica.comweb deskhttps://timessouthafrica.com/author/webdesk0008/Third of world in recession this year, IMF Head warns - Times South Africarich600338<blockquote class="wp-embedded-content" data-secret="zCvgvpjf9X"><a href="https://timessouthafrica.com/third-of-world-in-recession-this-year-imf-head-warns/">Third of world in recession this year, IMF Head warns</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://timessouthafrica.com/third-of-world-in-recession-this-year-imf-head-warns/embed/#?secret=zCvgvpjf9X" width="600" height="338" title="“Third of world in recession this year, IMF Head warns” — Times South Africa" data-secret="zCvgvpjf9X" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script>
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WASHINGTON— A third of the global economy will be in recession this year, the head of the International Monetary Fund (IMF) has warned. Kristalina Georgieva said 2023 will be “tougher” than last year as the US, EU and China see their economies slow. It comes as the war in Ukraine, rising prices, higher interest rates ... Read more