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The world is at a point of significant economic danger, say experts
The outlook for the global economy has “darkened” and the world is at a point of “significant economic danger”, according to the World Economic Forum’s Chief Economists Outlook survey. The survey report cites a World Bank prediction that 2022 will be one of the worst years for global poverty since the turn of the century - second only to 2020, which was spent in the grip of the coronavirus pandemic. COVID-19 continues to impact economies’ growth and the war in Ukraine is causing significant global economic disruption, fuelling stubbornly high inflation. Fears of a global recession grow Expectations for ... (full story)
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