WTO chief warns world edging into 'global recession'

By Agence France-Presse

Sep 28, 2022 12:11 am

(UPDATED) GENEVA: THE World Trade Organization's chief said Tuesday she believes the world is heading toward a global recession due to multiple colliding crises, and called for radical policies to revive growth.

WTO Director-General Ngozi Okonjo-Iweala said Russia's war 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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