IMF director warns third of world will be in recession in 2023


Source: upi.com upi.com

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The world’s economic outlook is grim for the year ahead, at least according to Kristalina Georgieva, director of the International Monetary Fund. File Photo by Bonnie Cash/UPI | License Photo Jan. 2 (UPI) -- The world's economic outlook is grim for the year ahead, at least according to Kristalina Georgieva, director of the International Monetary Fund. The economist and former vice president of the European Commission said her organization expects about one-third of the world economy to be in a recession this year. Even countries that are not in recession will feel the effects. Advertisement Georgieva said during her appearance...