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Day 630

1/ The International Monetary Fund warned that the world economy was headed for “stormy waters” and “the worst is yet to come.” The IMF’s World Economic Outlook report forecasts that global growth will slow to 2.7% in 2023, compared with projected growth of 3.2% this year. Aside from the global financial crisis and the peak of the Covid-19 pandemic, this is “the weakest growth profile since 2001.” The report added that “for many people 2023 will feel like a recession.” (New York Times / Wall Street Journal / CNN / CNBC)

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