WEF Survey Finds 63% of Chief Economists Think a Global Recession Is Likely
Video Credit: Wibbitz Top Stories - Duration: 01:31s - Published
WEF Survey Finds 63% of Chief Economists Think a Global Recession Is Likely
WEF Survey Finds , 63% of Chief Economists Think , a Global Recession Is Likely.
On September 16, a World Economic Forum (WEF) survey
revealed that many chief economists have offered a
grim prediction for the global economy in 2023.
On September 16, a World Economic Forum (WEF) survey
revealed that many chief economists have offered a
grim prediction for the global economy in 2023.
Fox News reports that the WEF's Chief Economists
Outlook survey suggests 63% of experts polled felt
that the global economy is headed for a recession.
45% of chief economists said that
a recession was "somewhat likely,"
while 18% said it was "extremely likely.".
According to the WEF, the number of expert economists who believe a global recession is "extremely likely" has more than doubled since a similar September survey.
The survey suggests that
the outlook for economic growth
varies greatly by region.
The outlook for Europe was the most pessimistic,
with 68% predicting "very weak" growth
and another 32% forecast "weak" growth.
Meanwhile, South Asia, the Middle East
and North Africa saw positive expectations
with expectations of moderate to strong growth.
The survey also looked at
how inflation would play out
across various regions.
According to the survey, over three quarters
of economists forecast moderate inflation in
the U.S., while another 24% predicted high inflation.
NBC reports that the release of the survey's results
coincide with the WEF's annual meeting of heads of state
and global business leaders in Davos, Switzerland
U.S. President Donald Trump has warned that New York City could lose over $100 million in federal funding if Democratic Socialist Zohran Mamdani becomes mayor. In a fiery Fox News interview, Trump labeled Mamdani a “pure communist” and said his election would be “inconceivable.”
Mamdani, a rising progressive voice, has hit back, accusing Trump of using xenophobic and racially charged attacks to derail serious policy debate. The mayoral race is heating up as Mamdani promises to tax the wealthy and shift the burden off working-class New Yorkers.
Meanwhile, former Governor Andrew Cuomo may re-enter the race as an independent, turning this into a high-stakes national battle. Is Trump using funding threats as political blackmail—or is Mamdani’s rise shaking the conservative establishment?
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The England women’s national football team have arrived in Zürich for the start of the European Championship in Switzerland. Euro 2025 kicks off on Wednesday, with England’s first Group D match against France taking place on Saturday evening. The Lionesses were visited by Prince William at St George’s Park earlier on Monday before flying out to Switzerland. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
2025 Women's Euros: Who will taste success in Switzerland?
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READ MORE : http://www.euronews.com/2025/06/26/2025-womens-euros-who-will-taste-success-in-switzerland
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Credit: euronews (in English) Duration: 06:05Published
Prime Minister Sir Keir Starmer meets with the Lionesses squad at St George’s Park and wishes them “the very best of luck” for the UEFA Euro 2025 which will take place in Switzerland in July. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
A powerful 6.3 magnitude earthquake struck off the coast of Crete, Greece, shaking regions across southern Europe and North Africa, including parts of Turkey and Egypt. The quake, recorded at a depth of 83 km, triggered a tsunami alert in Greece, with emergency services urging residents to move away from the coast. Egypt’s seismic institute also reported a 6.4 magnitude quake offshore but confirmed no casualties or damage.
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Tensions flare in the Middle East after Yemen's Houthi rebels launched a ballistic missile towards Israel, triggering air raid sirens and prompting a sharp U.S. response. In a fiery statement, U.S. Ambassador to Israel Mike Huckabee threatened to unleash B-2 Spirit stealth bombers on Yemen, escalating fears of a broader conflict. With Israel intercepting the missile and vowing retaliation, could the region be on the brink of a multi-front war? The B-2, capable of deep-penetration precision strikes, now looms as a symbol of American resolve. This video breaks down the attack, the U.S. warning, and the rising specter of military escalation from Gaza to Sanaa.
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srael’s Defense Minister Israel Katz has issued a chilling warning to Yemen’s Houthi rebels after a ballistic missile was intercepted by Israeli defenses late Tuesday. Katz declared, “Yemen will be treated like Tehran,” referencing recent joint Israeli-U.S. airstrikes on suspected nuclear sites in Iran. As air raid sirens rang out across central Israel and civilians scrambled for shelters, Katz warned: “Whoever raises a hand against Israel – that hand will be cut off.”
The intercepted missile, launched from Houthi-controlled Yemen, marks yet another escalation in the widening Middle East conflict. With Iran-backed militias in Lebanon, Iraq, and now Yemen intensifying attacks, analysts warn of a growing multi-front war. Will Israel carry out a preemptive strike on Yemen? Could U.S. bombers return to the skies?
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The US Economy Grew , More Than Expected in 2022.
CNN reports that the United States
economy expanded again in the fourth
quarter, showing solid growth to end 2022. .
The news comes despite..
Credit: Wibbitz Top Stories Duration: 01:30Published