The head of the International Monetary Fund has warned that the global economy faces its “biggest test since the Second World War”.
At the start of the World Economic Forum in Davos, Kristalina Georgieva said the war in Ukraine was "devastating lives, dragging down growth and pushing up inflation”.
Spiralling food and energy prices are squeezing households around the world, while central banks are tightening monetary policy to rein in inflation.
