IMF: Third of world in recession this year

Available for over a year

A third of the global economy will be in recession this year, the head of the International Monetary Fund (IMF) has warned. Kristalina Georgieva said 2023 will be "tougher" than last year as the US, EU and China see their economies slow. We ask a former IMF chief economist about his outlook for the year. We also hear how the economies of Nigeria, Russia and Colombia might perform in 2023. (Picture: Crowds of people on Times Square, New York City, USA. Picture Credit: Getty Images)