Davos 2023: Global recession in 2023 seen as likely in World Economic Forum survey

January 16, 2023 by admin

DAVOS, Switzerland (Reuters) – Two-thirds of main private and non-private economists surveyed by the World Financial Discussion board count on a worldwide recession in 2023, the organizer of the Davos Discussion board stated on Monday, as enterprise and authorities leaders gathered. its annual assembly. About 18% thought-about a worldwide recession “extremely doubtless” — greater than … Read more

Analysis: Investors brace for US debt ceiling battle after House Speaker saga

January 11, 2023January 11, 2023 by admin

NEW YORK (Reuters) – The turbulent begin to the brand new U.S. Congress has some buyers frightened about what might be a drawn-out battle over elevating the U.S. debt ceiling later this yr. The US Treasury is predicted to succeed in the $31.4 trillion borrowing restrict in 2023, and Republicans see this as a chance … Read more