Global economy headed to a recession
January 29, 2023
Global Stage LIVE from United Nations WATCH REPLAY
Highlights from the GZERO World with Ian Bremmer weekly television show.
Most of the global economy is more likely than not headed toward a recession in 2023. But don't only blame it on inflation and Russia's war in Ukraine.
The economic slowdown this year "is an acceleration of already structural problems around growth, that really started before the pandemic," renowned global economist, Dambisa Moyo tells Ian Bremmer on GZERO World.
Moyo says global inflation is not going anywhere, as the likelihood of a worldwide recession looms large.
Although most of the world understands that they need to transition to cleaner energy, in the short term they still rely on “a hundred million barrels of oil every day.” Europe is creating what Moyo calls, an “industrial Band-Aid solution,” rather than long term solutions to rely on energy from other countries. They discuss how these combined threats will affect the world economy this year.
Every week on GZERO World with Ian Bremmer, Ian explains the key global stories of the moment, sits down for an in-depth conversation with the newsmakers and thought leaders shaping our world.
Watch GZERO World on US public television and on GZERO's YouTube channel. GZERO WORLD with Ian Bremmer is a local public television program presented by THIRTEEN PBS.
Keep up with what’s going on around the world - and why it matters.