Timothy Sumer

If there is one word that has caught everyone’s attention in 2022, it is inflation. It has been a major concern for millions of people around the world and will remain so in 2023. All around the world, everyday goods and services are becoming more expensive. Rising costs are making life more difficult for many people, who are struggling to buy groceries, pay their bills and fill up their tanks at fuel stations. Global inflation is forecast to decline from 2022’s staggering 8.8 percent to 6.5 percent in 2023, while the world’s output will slow to 2.7 percent in the new year. Counting the Cost looks at what global economies can expect in 2023. Subscribe to our channel Follow us on Twitter Find us on Facebook Check our website: Check out our Instagram page: @AljazeeraEnglish #Aljazeeraenglish #News... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN

Stocks on Wall Street have climbed after the rescue of Credit Suisse calmed nerves about a larger banking crisis. The United States treasury secretary, Janet Yellen, says the local financial sector is stabilising after it was put to the test by the collapse of two banks this month. But the world's largest economy is still facing some strong headwinds. Al Jazeera's Gabriel Elizondo reports from New York, the United States. - Subscribe to our channel: - Follow us on Twitter: - Find us on Facebook: - Check our website: @AljazeeraEnglish #Aljazeeraenglish #News #UnitedStates #economy #bankingcrisis... ( read more ) LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Federal Reserve Chair Janet Yellen recently addressed concerns over the state of the US banking system, stating that the failures currently being expe