<p>The world faces a recession in 2023 higher borrowing costs aimed at tackling inflation cause a number of economies to contract, according to the Centre for Economics and Business Research.<br /><br /><a href="https://www.deccanherald.com/business/business-news/world-economy-headed-for-recession-in-2023-research-1175111.html" target="_blank">Read more</a></p>.<div><p><strong>Deccan Herald is on WhatsApp Channels</strong>| <a href="https://www.deccanherald.com/specials/deccan-herald-is-now-on-whatsapp-heres-how-you-can-join-2698271">Join now for Breaking News & Editor's Picks</a></p></div>
<p>The world faces a recession in 2023 higher borrowing costs aimed at tackling inflation cause a number of economies to contract, according to the Centre for Economics and Business Research.<br /><br /><a href="https://www.deccanherald.com/business/business-news/world-economy-headed-for-recession-in-2023-research-1175111.html" target="_blank">Read more</a></p>.<div><p><strong>Deccan Herald is on WhatsApp Channels</strong>| <a href="https://www.deccanherald.com/specials/deccan-herald-is-now-on-whatsapp-heres-how-you-can-join-2698271">Join now for Breaking News & Editor's Picks</a></p></div>