World Bank President Malpass: Russian invasion of Ukraine could trigger a global recession

World Bank President Malpass: Russian invasion of Ukraine could trigger a global recession

Malpass was speaking at an event hosted by the U.S. Chamber of Commerce on Wednesday. Sai: "As we look at the global GDP ... it's hard right now

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Malpass was speaking at an event hosted by the U.S. Chamber of Commerce on Wednesday. Sai:

  • “As we look at the global GDP … it’s hard right now to see how we avoid a recession,”
  • Russia’s war in Ukraine and its impact on food and energy prices, as well as the availability of fertilizer, could trigger a global recession.

Info comes via Reuters article, link here for more. These are not fresh concerns.

Peace Ukraine

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