The World Bank issues a report this week detailing the extent of the recession, the first caused solely by a pandemic. Its findings are sobering — but do offer a glimmer of hope.

You can add the World Bank to the growing chorus sounding recession alarm bells. In its latest outlook, World Bank president David Malpass said “for many countries, recession will be hard to ...

US President Donald Trump's tariffs have ignited wildfires across global stock markets, but does that mean we are heading for a recession? The first thing to stress is that what happens in the ...

The World Bank sees much of the world sliding into a recession in 2022 as inflation stays high. The organization cut its 2022 global growth forecast to 2.9% from 4.1% in projections published Tuesday.

Around the world, markets are flashing warning signs that the global economy is teetering on a cliff’s edge. The question of a recession is no longer if, but when.

Economists warn the U.S. economy may suffer most—but a range of knock-on effects will ripple across the world. ... “It will be difficult for the U.S. to avoid a recession if the tariffs stay ...

F ormer Labour prime minister Gordon Brown has warned President Donald Trump’s policies are “pushing the world towards a recession” – but there is still time to take steps to avoid it.

Households are turning to the typically affordable food option as their incomes shrink, driving up demand while harvests ...

The U.S. economy is plagued by inflation and suffering from fallout from Russia's war in Ukraine - but it's not in recession. That's the message from White House officials.

Recession or Inflation? Governments around the world must pick their poison Liz Truss' resignation as Prime Minister is being blamed on a faulty economic plan. But her fate should serve as a ...

The Great Recession didn’t just affect the United States; all countries with rapid credit growth and large account deficits were impacted. Global trade nearly collapsed, declining by 15% between ...

World Bank Warns of Global Recession Next Year if Central Banks Lift Interest Rates Too High. Monetary tightening aimed at reducing inflation risks worsening the current economic slowdown, ...