Global Recession is Here | Crypto A Safe Haven?Jul 13, 2022
The global economic outlook paints a grim scenario. The continued tensions amid the Russia-Ukraine war has meant a slower recovery worldwide. Supply chain disruptions and Covid lockdowns in China are adding to the problem. The head of the International Monetary Fund (IMF) on Wednesday said the outlook for the global economy had "darkened significantly" since April and she could not rule out a possible global recession next year given the elevated risks.
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