Published: Jan 03, 2023, 07:00 IST | Updated: Jan 03, 2023, 07:00 IST
The international monetary fund has issued a warning that a third of the global economy will be in recession this year. China will face a rocky start to 2023, while the U.S. will be at the edge of a recession. This comes as the war continues in Ukraine, inflation soars, and interest rates continue to spike. What does it spell for South Asian nations? Molly Gambhir tells you more.