The world is likely to face a recession in 2023 as higher borrowing costs to fight inflation cause some economies to shrink, according to the Center for Economic and Business Research (CEBR).
The global economy passed $100 trillion for the first time in 2022 but will stagnate in 2023 as policymakers continue their fight against rising prices, the British consultancy said in its annual World Economic League table.
“The world economy is likely to face . . .
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