world recession – DIGIT INFO

IMF Warns of Tough Year Ahead for World Economy Citing Slowdown in US, EU, China

DIGIT — Mon, 02 Jan 2023 04:00:55 +0000

The International Monetary Fund (IMF) has warned that 2023 will be a tougher year for most of the world economy because the U.S., EU, and Chinese economies are all slowing down simultaneously. “We expect one-third of the world economy to be in recession … Even countries that are not in recession, it would feel like […]

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JPMorgan CEO Jamie Dimon Warns Recession Could Hit in 6 Months, Stock Market Could Drop 20% More — ‘This Is Serious Stuff’

DIGIT — Mon, 10 Oct 2022 23:30:07 +0000

The CEO of global investment bank JPMorgan, Jamie Dimon, has warned that the U.S. economy could tip into recession in six to nine months. “This is serious stuff,” the executive stressed, adding that the stock market could easily fall another 20%. JPMorgan CEO Jamie Dimon’s Warnings JPMorgan CEO Jamie Dimon shared his warnings about the […]

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IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed

DIGIT — Mon, 30 Mar 2020 11:32:04 +0000

The International Monetary Fund (IMF) has declared that we have entered a global recession — one that is as bad as or worse than the previous global financial crisis. 80 countries have already requested emergency assistance from the IMF. Meanwhile, the G20 has reported fiscal measures totaling some 5 trillion dollars or over 6% of […]

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