World Bank Warns of Global Recession, Slashes 2022 Economy Growth Forecast to 2.9%

As the Russia-Ukraine war enters its fourth month, the impact has continued to be felt around the world as economies battle to tame inflation emanating from it. Food shortage and high cost of oil prices have characterized the global economy since Russia invaded Ukraine on February 24 2022. Now the war is widening its impact … Continue reading World Bank Warns of Global Recession, Slashes 2022 Economy Growth Forecast to 2.9%