Six months ago, The World Bank slashed its global growth outlook for 2022 and 2023 to +2.9% and +3.0% respectively blaming “the war in Ukraine, lockdowns in China, supply-chain disruptions, and the risk of stagflation” for hammering growth.
Read more here: https://www.zerohedge.com/economics/world-bank-warns-global-economy-perilously-close-falling-recession
