The IMF says the risk of a global recession has increased as it lowers its growth forecast for the coming year. Its managing director, Kristalina Georgieva, said the gloomy outlook was fuelled by Russia's invasion of Ukraine and the continuing impact of the Covid pandemic.
Hong Kong has relaxed several of its coronavirus restrictions in recent weeks. Now ... Show More
Jan 2023
IMF forecasts recession for third of the globe
The managing director of the International Monetary Fund, Kristalina Georgieva, has warned that 2023 will be a tough year for much of the global economy, with a third of countries going into recession. Also in the programme: Russia says 63 of its soldiers were killed in a Ukraini ... Show More
48m 28s
Sep 2022
Global economic slowdown has intensified, says IMF
Its latest report says some countries will fall into recession in 2023, but that it's too early to predict whether there will be a global recession. We get more analysis from one of the report's authors, Franziska Ohnsorge.
The UK's finance ministry is considering removing limits ... Show More
26m 27s