World Bank makes big cut to its 2023 growth outlook, says globe is 'perilously close' to recession – CNBC
The World Bank has downgraded its global growth forecast from its forecast for mid-2022 on the back of what it sees as a general deterioration in economic conditions. International development agencies have downgraded nearly all of their forecasts for the world’s developed economies, cutting their 2023 global economic growth forecast to 1.7%, according to a […]