Invpeace

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

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

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

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NEW YORK (Reuters) – The turbulent begin to the brand new U.S. Congress has some traders apprehensive about what might be a drawn-out battle over elevating the U.S. debt ceiling later this 12 months. The US Treasury is anticipated to achieve the $31.4 trillion borrowing restrict in 2023, and Republicans see this as a chance … Read more