Global economic storm looming, say leaders in Davos forum

The International Monetary Fund last month cut its global growth outlook for the second time this year, citing the war in Ukraine and singling out inflation as a “clear and present danger” for many countries.

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General view of people walking past the World Economic Forum (WEF) logo during the forum in Davos, Switzerland May 23, 2022. REUTERS/Arnd Wiegmann

May 31, 2022

The International Monetary Fund last month cut its global growth outlook for the second time this year, citing the war in Ukraine and singling out inflation as a “clear and present danger” for many countries.

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