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International

Why Hungary’s economy slips into recession

Hungary’s economy entered recession in 2022, according to official data published Tuesday, as soaring energy prices drive inflation higher. Hungarian GDP shrank by 0.4 percent...
Local News

Imminent global recession, debt distress loom, World Bank warns 

As fear of global economic lull spreads across the regions, the World Bank has warned that “even a moderate hit” could tip the global...
Economy

IMF chief warns worldwide recession risks rising

The (IMF) International Monetary Fund's managing director has warned of rising recession risks as the lender downgrades its growth forecast for next year and...

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