BBC: Third of world in recession this year, IMF head warns
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 and the spread of Covid in China weigh on the global economy.
In October the IMF cut its global economic growth outlook for 2023.
"We expect one third of the world economy to be in recession," Ms Georgieva said on the CBS news programme Face the Nation.
"Even countries that are not in recession, it would feel like recession for hundreds of millions of people," she added.
Read more ....
IMF Gives A Gloomy Forecast For The Global Economy In 2023
Full interview: IMF managing director Kristalina Georgieva on "Face the Nation with Margaret Brennan" -- CBS News
Third of world economy to hit recession in 2023, IMF head warns -- The Guardian
Global economy faces tougher year in 2023, IMF's Georgieva warns -- Reuters
5 comments:
The United States IS the fucking IMF. Which is another way of saying, the tax payers of the United States ARE the IMF. Tax payers like me. In other words, I'm paying federal taxes in no small part to fund the IMF, not to mention the United Nations and all the other fucking internationalist money sucking organizations. So these shithole debtor countries are sucking money away from me and my family. The cherry on the fucking cake is most of these fucking institutions are anti-U.S. Bloody hell, can't make this shit up.
Yo! sucker!
the wealthy like Trump pay shit!
and what do you know about offshore banking and onshore concealing in states such as Delaware and North Dakota?
keep paying: we need your money ha ha ha
6:26
Your brain is drained
And your wit is shit
Someone's fixin to get fired
For lettin you outside the wire
Trump paid $400,000 into the treasury every year he was president.
+500 to Unknown
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