Published 1 year ago

Tough year ahead for the global economy, IMF's Georgieva warns

Summary by Reuters

For much of the global economy, 2023 is going to be a tough year as the main engines of global growth - the United States, Europe and China - all experience weakening activity, the head of the International Monetary Fund said on Sunday.

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Times of India

Recession will hit a third of the world this year, warns IMF chief

third of the global economy will be in recession this year, the IMF chief has said, and warned that 2023 will be "tougher" than last year as the US, EU and China will see their economies slow down. The year 2023 will be tougher than last year because the economies of the US, the EU and China will slow down, Georgieva said.

1 year ago·India

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BBC News

Third of world in recession this year

Kristalina Georgieva says 2023 will be "tougher" than last year as the global economy faces challenges.

1 year ago·United Kingdom

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News18 India

Global Economy Faces Tougher Year in 2023, Three Big Economies Slowing Down, IMF's Georgieva Warns

IMF Managing Director Kristalina Georgieva said the the three big economies - the US, EU and China - are all slowing down simultaneously

1 year ago·India

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The Guardian

Third of world economy to hit recession in 2023, IMF head warns

China’s lagging growth a key threat this year, IMF managing director Kristalina Georgieva said, while the US is ‘most resilient.’

1 year ago·London, United Kingdom

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The Hindu

Recession will hit a third of the world in 2023, warns IMF chief Kristalina Georgieva

“The year 2023 will be tougher than last year because the economies of the U.S., the EU and China will slow down,” Kristalina Georgieva said.

1 year ago·India

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The Independent

IMF head warns one-third of world economy will enter recession in 2023

IMF head Kristalina Georgieva has warned that one-third of the world economy is expected to enter recession this year. Speaking with Margaret Brennan on CBS’s Face the Nation, she said the “resilient” US economy may help “get the world through a very difficult year.” The managing director of the International Monetary Fund said that is if the labour market in America holds, despite the risks. “Even countries that are not in recession, it woul…

1 year ago·London, United Kingdom

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