Germany to escape recession, government projections show
26 January 2023 |
5:49 am
The German economy is withstanding the aftershock of the Ukraine war better than prior projections showed.
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The global economy is at an inflection point. The IMF projects that a third of the world economy will be in recession next year. War in Europe, a slowdown in China and soaring inflation have contributed to widespread pessimism around a growing, multifaceted economic crisis.
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Annalena Baerbock again condemned Russia's aggression during her trip to the front line city. She said she wanted to get a picture of the wartime situation on the ground in the region.
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