it s three years today since chinese state media reported the first recorded death from covid 19. since then the global economy has been under intense pressure, and now the world bank is warning it is close to falling into recession. in its latest economic forecast, the bank said after surging by over 5% in post pandemic 2021, growth in the world s richest economies is likely to slow sharply from 2.5% last year to just 0.5% this year, and debt caused by the pandemic will take decades to pay off. the bbc s north america business correspondent samira hussain reports from new york. the from new york. world bank expects the global the world bank expects the global economy to grow by 1.7% this year, much lower than the 3% originally predicted by the world bank back injune. now, a number of factors are being blamed. the continued war in ukraine continues to put pressure on global energy prices, and interest rates are rising in many economies to combat the high cost of living. now,
Uk
Business-headlines
Viewers
Bbc-news
Fumio-kishida
Pandemic
Around-the-world
Death
Covid
Global-economy-japan
Three
Company