Imf: World Economy Enters 'dangerous New Phase'

WASHINGTON (AP) -- The world economy has entered a "dangerous new phase," according to the chief economist of the International Monetary Fund. As a result, the international lending organization has sharply downgraded its economic outlook for the United States and Europe through the end of next year....

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    "We expect one third of the world economy to be in recession," Ms Georgieva ... President Xi Jinping called for more effort and unity as China enters what he called a "new phase".
    01/1/2023 - 11:00 am | View Link
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