global recession

News and Trends

One-Third Of the Global Economy Will Be Impacted By Recession In 2023: IMF

IMF chief has also said that for the next couple of months, it would be tough for China

By Teena Jose
Money & Finance

With a Recession Looming and Interest Rates Rising, What's Next for the Economy?

Recent news and updates on the economic state for 2023.

Business News

IMF Warns 'Great Lockdown' Global Recession Will Be Worst Since Great Depression

Global gross domestic product will shrink by 3% in 2020 before recovering by 5.8% in 2021, according to the International Montetary Fund's base case.