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Global recession likely in 2023 as inflation peaks: WEF chief economists

DAVOS: Two-thirds of chief economists at the World Economic Forum have predicted a global recession in 2023 with continued geopolitical tensions, and further monetary tightening in the US and Europe. The conclusion came in key findings of the Chief Economists Outlook, launched on Monday on the first day of the forum’s Annual Meeting in Davos, Switzerland. Of the majority
Switzerland General Saadia Zahidi World Economic Forum Chief Economists Outlook Annual Meeting Global Risks Report

Why trust is key to healing a fragmented world

The World Economic Forum has long been perceived by critics as an exclusive club for the global elite. It may, therefore, seem ironic to some that the theme of this week’s conference is “Cooperation in a Fragmented World.” Critics of the WEF will point to the fact that, according to the organization’s own Global Risks Report 2023 published last week, the biggest perceived
Andrew Hammond World Economic Forum Fragmented World Global Risks Report Al Ahsa Al Kharj

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Latin America Political and Electoral Outlook 2023

2023 will be complex and challenging for Latin America. The region will face an unfavourable international context in which it is expected, according to the IMF, that there will be a simultaneous slowdown of the three leading economies (United States, China, and the European Union), whose effect will be weak global economic growth of 2.7%, which could even fall below 2%
United States El Salvador Costa Rica Dominican Republic Xiomara Castro Ariel Henry
Source: idea.int

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