BENGALURU, April 28 — Risks are high that the global economy will slip into recession this year, according to a majority of economists in a Reuters poll, in which scores said United States (US) President Donald Trump's tariffs have damaged business sentiment.
KUALA LUMPUR, April 9 — The ongoing United States (US)-China trade war, which erupted in 2018 under President Donald Trump’s 'America First' policy, continues to impact global trade dynamics, with far-reaching consequences for Asean economies, including Malaysia.
NUSA DUA, March 31 — Southeast Asian central bank governors and finance ministers are set to wrap up talks on Friday, after meeting in Bali this week for discussions often focused on how the region can remain resilient in the face of a spike in global risks.
DAVOS, Jan 17 — Nearly two-thirds of the chief economists surveyed by the World Economic Forum (WEF) forecast a global recession in 2023, despite being optimistic about inflation and strong balance sheets.
WASHINGTON, Oct 14 — The global economy is "dangerously close" to a recession, as inflation remains elevated, interest rates rise, and growing debt burden hits the developing world, World Bank President David Malpass said Thursday.
ANKARA, Oct 11 — The World Bank and IMF chiefs said Monday that the risk of recession in the global economy is growing due to rising interest rates and slowing economies around the world, reported Anadolu.
GENEVA, Sept 29 — The World Economic Forum (WEF) Community of Chief Economists said on Wednesday it expects reduced growth and stubbornly high inflation to continue in the remainder of 2022 and 2023, while real wages will keep falling, reported Anadolu Agency.
WASHINGTON, Sept 16 — As central banks across the world simultaneously hike interest rates in response to inflation, the world may be edging toward a global recession in 2023, the World Bank warned Thursday.
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