A Global Recession Is One of the Three Scenarios Envisaged by the World Bank for 2023.

David Malpass explains that the probability of this scenario occurring is far from zero.

Everyone has been talking about it and fearing it for months. I'm talking about a widespread global recession. “Global growth is slowing sharply, and a further slowdown is likely as more countries enter a recession. My deep concern is that these trends will continue,” comments World Bank President David Malpass, on the occasion of the September 15, 2022…