As two advanced economies slip into recession, economists warn of uncertain times ahead. But what is a recession and how can we tell if one is happening?
As these two crises slip slowly into the past, another kind of recession is threatening to upend the global order. At a time when the playbook for international relations, diplomacy and political good manners is being re-written, there are warnings the world is facing what's being called a geopolitical recession.
Top finance news: IMF ramps up probability of a US recession; Emerging markets seek regional solutions to tariffs; Is the US adopting a more crypto-friendly stance?
While the overall global outlook has deteriorated in 2023, there are variations between regions on the prospects of recession, according to economists.
The phrase rolling recession is being used to describe the current economic situation, particularly in the United States. But what exactly does it mean?
A global recession in 2023? Chief economists are completely divided on what will happen, says the World Economic Forum’s Chief Economists Outlook 2023.
The global economy is expected to remain uncertain throughout 2024. The World Economic Forum’s latest Chief Economists Outlook finds that just over half of chief economists anticipate the global economy to weaken this year. Seven in 10 expect the pace of geoeconomic fragmentation to accelerate in 2024.
