A World Bank assessment says that aggressive interest rate hikes by central banks could prove to be inadequate to bring inflation under control. Priyanka Sharma tells you how this could lead to a recession.
#WorldBank #Recession #Gravitas
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BREAKING: Recession News
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The World Bank recently released a report on the state of the global economy, and it’s not good news. According to the report, there’s a significant risk of a global recession occurring in 2023. The reason? A lack of gravitas in economic policies and decisions.
Gravitas refers to the seriousness, weightiness, and authority of a person or thing. In the context of the economy, gravitas refers to the importance placed on making sound economic decisions and policies that have a long-term impact on the overall state of the global economy.
The World Bank warns that a lack of gravitas in economic policies and decisions is creating a volatile and unpredictable economic environment. This is due to several factors, including the ongoing trade tensions between the US and China, the uncertainty surrounding Brexit, and the potential for rising global debt levels.
The report suggests that policymakers need to act with more gravitas to address these issues and prevent a global recession. Specifically, the World Bank suggests that countries need to work together to address the root causes of the economic challenges facing the global economy.
This includes taking decisive action to reduce geopolitical tensions and addressing structural problems within national economies, such as income inequality and lack of access to education and training for workers.
Moreover, the World Bank warns that the lack of gravitas among policymakers is hindering the ability to address climate change, a critical issue that will have long-term economic implications. The report suggests that policymakers need to take bold and strategic action to address climate change and transition to a more sustainable economic model.
In conclusion, the World Bank’s report highlights the urgent need for greater gravitas among policymakers to address the risks facing the global economy. Without this gravitas, there’s a significant risk of a global recession occurring in 2023, which could have severe and long-lasting consequences for countries and individuals around the world. Therefore, policymakers need to act with a sense of responsibility and authority to take the measures required to ensure long-term economic stability and growth.
If it does, It will a different era of 1970s stagnation. Only difference is improved technology like cell phones. Things they didn’t have during that era.
Dear A/V Department, please put a De-Esser on the new casters vocal!!! Her “Es-ess” are ear piercing! Thanks.
My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in US.
Not gonna lie, I'm not even kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it,Investing is a long-term game, so I try to focus on the long term.
Recession is most likely the result of an external factor. For the first time in decades, the United States is losing its clout as a federal reserve currency. They don't have any more economies to use to control inflation, and less money is being spent on stock and oil trading than in the past. They all lend support to the idea that a new multilateral world order is in the works.
SORRY ECONOMIC EXPERTS WE ARE AND HAVE BEEN ENTERING A DEPPRESSION NOT A RECESSION THROW IN BRICS DE DOLLARISATION AND THE 132 TRILLION U.S. DEBT THE ECONOMIC INDICTORS LIKE EVERYTHING ELSE HAVE BEEN MANIPULATED N RIGGED IN FAVOR OF THE FINANCIAL MARKETS JUST LIKE FTX ALL IS FINE BOYS JUST KEEP SENDING THE FUNDS THAN 1 DAY IT ALL FALLS APART AND YOUR LEFT AT THE BUS STOP.
That’s because no one has the balls to take out Putin.
Recession will reset overpriced housing market. Buy food and basic non food items only.
The and of the ww3 summit NATO politics asian corapted
There is no fucken balance, they were setting us up for a global recession . Pandemic was just to set the stage for their mess. Invest while you can
Recession is a great chance to reduce and downsize. The demographics is shrinking and interest is higher so people will slow down buying houses, cars, furniture, cloths and electronics.
Thanks Gates and Fauchi. Did you know that if you go to a bank in the United States of America and withdrawal $5,000 they ask you what you're doing with your money. Also they won't give you $5,000. Today I went to the bank to do a wire transfer and they could not do it. No staff. Gas is 7.00 per gallon in Los Angeles. These two men of single-handedly wrecked the whole world's economy to create their 20-30 agenda. People in California are already getting universal basic income which is checks from the government for not working. Open your eyes.
PHILIPPINES WILL STAND TO BECOME THE RICHEST COUNTRY IN THE WORLD. IT IS STARTING NOW. OWNER OF WORLD GOLD..
India is ready and will come out….
The presentation matches that of
Palki Sharma Upadhaya. She made her own style and recognition with time.Nobody is not replaceable.Watched WION mainly because of her and a couple of more journalists. Wish this news channel continued success.
she sounds like Palki but Palki used to have a little slow speak tempo.. she would sound exactly like her.. not saying she should copy or not.. everyone comes with their own talent. 🙂
Next year? Try about now!
War, conflict, Covid, mechanisation and corruption = recession
Blame this on the US.
YES THEY WANT TO COLLAPSE THE SYSTEM YOU CAN'T SPEND THAT MUCH MONEY AND NOT HAVE A HUGE PROBLEM
What is going on it is not controlled firstly US does own works with agressive if this types tendency maintained by leaders definitely third world officially happened
ATAMNIRBHAR BHARAT AND MAKE IN INDIA FOR INTERNATIONAL SPACE STATIONS AND ALSO ON THE MOON DIFFERENT TYPES AND MODELS OF SPACE STATIONS ON MOON … JAI INDIA … JAI BHARAT … BHARAT MATA KI JAI …
China's zero covid policy has caused many of its citizen in lockdowns. These lockdowns has been going on for quite some time. Millions of its citizens are trapped in there homes. How do these people earn their money? How are these people able to pay for utilities and food? How many of these citizen have died from hunger? Was it because their money is trapped in their banking system and they could not withdraw their money? In terms of human lives, how many millions of citizens have already died but are not being reported?
Very OWN opinion ONLY. This post asking,. " Will Rates Hikes trigger a Recession ? It was also reported that, Worlds Central Banks raised Rates (interest) to contain Inflations. Yes sir, The caused of INFLATIONS is there are money in Circulations that are MORE than Productions. Raising Rates shall discourage Borrowing, Loans & Financing to lessen money in circulations. The Problems of less money around, there will also be LESS or NO New Business Creations, Expansions, Extensions, Branching, Widening, Moving, Etc. Etc. Hence, IF there shall be HALT in business ACTIVITIES. Likewise, there shall be NO commercial Activities, that will result into a RECESSIONS. IF, there will be a Recess in business, there shall be NO New Income, Earnings, Salaries, Wages, Bonuses, Allowances, Etc. Etc. And, that is now a DEPRESSIONS. IF NOT solved, will result into a nations BANKRUPT ECONOMY.. Sorry, Just an opinion & saying ONLY based on Economic Experience. Good Luck. Ty.
These are all the sanction and tariff fault , pendemic are just a small effect to inflation , what every country needs now are free trade and pull all the sanctions and tariff crap out .
The aim is to make our money worthless so we won't mind when the social credit system begins and we will have nothing and be happy.
Putin debería de ser más agresivo con las economías se sus enemigos.
If no one talks about it then it will not come… Media keeps on talking about it spreading fear among the people and people stop spending which actually brings recession
Plandemic…get it right..
If it isn.t obvious to you now.
You haven.t been paying attention
America is already in a recession. And it's going to be worse. It's a bigger economic mess than in the past and America has a senile president. America is the main cause of the recession. When the Biden administration cut fuel production, it meant America would no longer export surplus oil and would have to buy even more oil on the world market. Tightening oil supplies world wide. Inflation will not go down until the oil supply goes up and the oil price goes down. Everything is affected by the cost of fuel All goods travel on a ship and then a truck, and they all use fuel. If America would fix it's fuel crisis it would help the world. But that won't happen for 2 years.
Where is palki mam
Get Rid of Biden, and ALL Major Problems END! He is OWNED by EVERY Thief in the World.
I think there will be a platinum Jubilee where all debt will be wiped out for every country
recession or depression?
I don't know why world should face recession because of helping one country called Ukraine
If nato Stop helping Ukraine then Russia will win and this war will stop and inflation will go down and we may avoid recession
The long this war will go, inflation will keep rise and it will affect everyone in the world, doesn't matter your are in Europe or aisa or anywhere, people are suffering bcz of high prices of gas fuel and if recession will come then people will loose their jobs means earning and it will make condition more worst
Why world world should suffer bcz of Ukraine war, NATO should stop sending weapons to Ukraine so war could be over otherwise inflation will go up and recession will come till winter
Russia's invasion is not causing inflation… It's more of USA's support to ukraine…
They're desperate now to show der superiority…
But they're all cornered..
The world Bank has a screwed way of defining global…
Global is mostly western fir them…
You read this exact statement word by word and it has been read by 3 different reporters, you are making news boring.
Recession due to USA's FAD printed 40% of money in 2021!! Will effect the whole world
Sweet
Hey there//.. why aren’t u using wuhan virus ? Has it gone with palki? Is there a Chinese hand behind PALKI quitting ?
Credit goes to Mr. Biden