Global recession risk rises as IMF lowers gro...

President Trump says tariffs on China “will not be anywhere near 145%” but won’t be removed all together. It follows US Treasury Secretary Scott Bessent saying he expected a ‘de escalation’ in US China tariffs.The International Monetary Fund has revised its global growth forecast ...  Show more

As some of the World's largest economies get ready to face new tariffs, we find out what a battle on levy's could mean for the global economy.We hear from a Gulf Coast business feeling positive about the charges, and the predicament of a Californian retailer reliant on imports.El ...  Show more

The IMF says the risk of a global recession is rising. Its managing director, Kristalina Georgieva, said the outlook was getting darker because of Russia's attack on Ukraine and the shocks caused by the Covid pandemic. She said the IMF would lower its growth forecast as a result. ...  Show more

The International Monetary Fund has warned that "the worst is yet to come" and next year may feel like a recession. It blames the war in Ukraine and rising prices worldwide. The BBC’s Business Correspondent Michelle Fleury joins us from the IMF in Washington DC. Meanwhile, the do ...  Show more

The managing director of the International Monetary Fund, Kristalina Georgieva, has warned that 2023 will be a tough year for much of the global economy, with a third of countries going into recession. Also in the programme: Russia says 63 of its soldiers were killed in a Ukraini ...  Show more

Its latest report says some countries will fall into recession in 2023, but that it's too early to predict whether there will be a global recession. We get more analysis from one of the report's authors, Franziska Ohnsorge. The UK's finance ministry is considering removing limits ...  Show more