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"economic recession" tag

IMF lowers growth forecast, warns of global ‘recession’

The International Monetary Fund (IMF) has cut its global growth forecast to 3.2% amid high inflation and the war in Ukraine, and warned the world could be “teetering on the edge of global recession.” In...

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Virtual Davos aims to heal pandemic wounds

Virtual Davos, summit is taking place against the backdrop of a crisis that has shredded livelihoods and widened inequalities. The annual event with its roster of influential speakers hopes to help drive a robust, green...