Avoiding A Lost Decade In Global Economy?

Economics

People gather at the Spring Meetings of the World Bank and International Monetary Fund. They talk about the global economy. They look back at the last year and predict what will happen next.

The meetings happened in Washington in April. They had some bad predictions. The predictions say that there might be a long worldwide recession.

Experts thought that the recent crises in the world would cause a big but temporary impact on the economy. These crises include COVID-19, supply-chain problems, the Ukraine war, inflation, and financial problems. But now, new information shows that the economic problems will continue longer than people predicted.

In today's world, we have a lot of information, but much of it is wrong. Good journalism is very important now. You can help us by subscribing to our news service.

Read more
Similar news
This week's most popular news