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Episode details

World Service,02 Jan 2023,26 mins

Global recession predicted for 2023

World Business Report

Available for over a year

The IMF kicks off 2023 with a bleak economic outlook. Kristalina Georgieva said 2023 will be "tougher" than last year as the US, EU and China see their economies slow. A court in Russia has ordered the freezing of nearly half a million dollars worth of assets belonging to the German gas company, Linde. And Dubai has kicked off the new year by scrapping a 30 per cent tax on alcohol sales.

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