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FILE - Container cranes at a port in New Jersey appear behind the Statue of Liberty, Sunday, Nov. 20, 2022, in New York. The global economy will come "perilously close" to a recession this year, led by weaker growth in all the world's top economies — the United States, Europe and China — the World Bank warned Tuesday.(AP Photo/Julia Nikhinson, File)

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World Bank: Recession a looming threat for global economy
January 10, 2023 8 a.m.

World Bank: Recession a looming threat for global economy

The World Bank warns the global economy will come "perilously close" to a recession this year, led by weaker growth in the world's top economies — the United States, Europe and China.