One-third of world's economy will fall into recession, warns IMF director
January 3, 2023
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2:45Now PlayingOne-third of world's economy will fall into recession, warns IMF director
YouTube Description
as posted by the channelThe International Monetary Fund predicts the global economy will get worse before it gets better. The war in Ukraine, rising prices, high interest rates and the spread of COVID-19 in China are contributing factors to the gloomy economic outlook.
CORRECTION: A previous version of the video title misstated that two-thirds of the world's economy is expected to fall into a recession this year. In fact, the IMF says one-third of the world's economy will fall into a recession.
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