As we step into the second week of 2023, the world bank on Tuesday warned of the global recession. The world bank said that the "new shocks" could tip the global economy into a recession. In an annual report, the World Bank said it had slashed its forecast for global growth this year by nearly half. Recession To Hit a Third of World in 2023, Warns IMF Chief Kristalina Georgieva.

World Bank Warns of Global Recession:

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