The world economy is going to be worse in the year 2023 than in 2022. Kristalina Georgieva, head of the International Monetary Fund (IMF), has said that in 2023 one-third of the world will be in recession. Even in countries where there will be no recession, people will have to face deteriorating economic conditions. He attributed this to the slowing economy of China, America, and the European Union.
He said that the Ukraine war, rising inflation, rising interest rates, and the arrival of the Corona epidemic in China will also affect the world economy.
The next few months will be difficult for China
Kristalina said that the next few months are going to be difficult for China. For the first time in 40 years, China's economic growth may be lower than that of the world. In December 2022, manufacturing activities in China reached the lowest level in the last three years. According to an estimate by the BBC, a decline in house prices has been registered in the last 6 months in 100 big cities in China. All this will have an impact on the global economy as well.
Europe is bound to fall into a recession
Kristalina said that amid the Ukraine war, inflation, and rising interest rates, there will be a recession in Europe. IMF has already reduced the forecast of economic growth for the year 2023.
America's economy will remain flexible
The IMF head said that the US economy is resilient and can survive the recession. The labor market there is still very strong. But to keep inflation under control, the Federal Bank will have to keep interest rates high.
Jawan Worldwide Collection: After Gadar 2, 'Jawan' lags behind these two big films, crossing 800 worldwide
Jawan Worldwide Box Office Collection Day 11: The pace of Shah Rukh Khan's 'Jawan' has become like a bullet train at the box office, which is showing no sign of stopping. This action drama film,
PM Modi: 'Bharwad community should adopt natural farming', PM Modi appealed under the campaign 'One tree in the name of Mother'
Prime Minister Narendra Modi appealed to the Bharvad community of Gujarat to adopt natural farming and plant trees under the 'Ek Ped Maa Ke Naam' campaign. He urged the community, which is mainly
Tabla player Zakir Hussain dies at the age of 73, family confirms; he was undergoing treatment in America.
Tabla player Zakir Hussain died in a hospital in San Francisco, his family has confirmed the news. 73-year-old Zakir Hussain (Zakir Hussain Death) was suffering from idiopathic pulmonary fibrosis
PFI now gets a shock from the Supreme Court, a petition challenging the ban rejected; Got this advice
SC on PFI Popular Front of India (PFI), an organization banned under UAPA for anti-national activities, has received a setback from the Supreme Court today. The Supreme Court has refused to hear PFI's
'There is no one to light a lamp in the houses of the Mughals, their family tradition...'; CM Yogi spoke on the memory of brave Sahibzadas
Chief Minister Yogi Adityanath has said that in memory of the brave Sahibzadas of Guru Gobind Singh who sacrificed their lives to protect the country and religion, the children who displayed
Weather Update: Under the shadow of Red and Orange Alert, there is a possibility of heavy rain in many states of the country, Delhi and other states
Monsoon is raining in most of the states of the country. Given the heavy rains, the Meteorological Department (IMD) has also issued an alert regarding many states. IMD senior scientist RK Jenamani
20,000 fine for picketing, cancellation of admission on violence: JNU made new rules to stop protests; Punishment will be given for 17 crimes
Now protests in at New Delhi\'s Jawaharlal Nehru University, and students protesting will have to pay a fine of Rs 20,000. At the same time, students indulging in any kind of violence will be punished
Arvind Kejriwal Arrest: AAP's protest against CM's arrest, these metro stations closed; people troubled by traffic jam
Following the arrest of Delhi Chief Minister Arvind Kejriwal, the Aam Aadmi Party called for nationwide protests against the BJP. Security was increased in many areas of Delhi. Police barricaded the
Anjali Arora was seen engrossed in devotion before becoming 'Sita of Ramayana', worshiping Lord Shiva with her boyfriend
Anjali Arora, who became famous across the country with 'Kachha Badam', is very active on social media. She shares her dance reels on Instagram daily. For the last few days, there has
INDIA Meet: First meeting of the coordination committee of India Alliance today, seat distribution and election strategy will be discussed
The first meeting of the 14-member coordination committee of the opposition India alliance will be held today at the residence of NCP chief Sharad Pawar in New Delhi. There is a possibility of
