The cost of almost everything from food to fertilisers is soaring, causing consumers to spend less. As governments aim to bring down the cost of living, containing inflation without pushing economies into a slowdown is difficult.
Meanwhile, Russia's war in Ukraine and pandemic disruptions continue to constrain supply chains, darkening the outlook for the months ahead.
So, should we be ready for a global recession?
Elsewhere, the UK government takes aim at expensive energy bills.
Can the $19bn aid package ease the squeeze on incomes?... ( read more )
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The world economy is facing an uncertain future as the COVID-19 pandemic continues to spread around the world. Governments are struggling to balance the need to protect public health with the need to keep economies afloat. The World Bank has warned that...
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)