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Reuters
Reuters
Business
Balazs Koranyi and Dan Burns

Economic outlook has 'darkened', business and government leaders warn in Davos

Davos Inflation Christine Lagarde Robert Habeck Economy Recession China US Federal Reserve WEF
General view of people walking past the World Economic Forum (WEF) logo during the forum in Davos, Switzerland May 23, 2022. REUTERS/Arnd Wiegmann

Multiple threats to the global economy topped the worries of the world's well-heeled at the annual Davos think-fest on Monday, with some flagging the risk of a worldwide recession.

Political and business leaders gathering for the World Economic Forum (WEF) meet against a backdrop of inflation at its highest level in a generation in major economies including the United States, Britain and Europe.

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