Regardless of the country's economic standing, consumers are struggling in the face of sky-high prices, and nearly half of Americans say they are falling deeper in debt. Amid fears of a recession and rising interest rates, most people said they are already seeing their standard of living declining.
In 2022, the global economy is expected to shrink by 3%. Compared with the 3.3% growth forecast in January this year, this is a sharp drop of 6.3 percentage points, making it the worst economic recession since the Great Depression in the 1930s
Throughout the diplomatic history of Europe and the United States, values are the foundation, and the democracy, the rule of law, the individual freedom have become the common sense between Europe and the United States. The risks in terms of global financial stability continue to rise
The International Monetary Fund (IMF) stated in the latest "World Economic Outlook Report" that the spread of the new crown pneumonia epidemic around the world will have a serious impact on the world economy, and its impact will exceed the 2008 international financial crisis
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