News ID: 324309
Published: 0253 GMT September 27, 2022

WTO chief warns world edging into 'global recession'

WTO chief warns world edging into 'global recession'
AFP

The World Trade Organization's chief said Tuesday she believes the world is heading towards a global recession due to multiple colliding crises, and called for radical policies to revive growth, AFP reported.

WTO Director-General Ngozi Okonjo-Iweala said Russia's military operation in Ukraine, the climate crisis, food price and energy shocks plus the aftermath of the COVID-19 pandemic were creating the conditions for a world recession.

 

   
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