World economy will go into recession with likely exception of India, China: United Nations

UN's trade body, however, did not give a detailed explanation as to why and how India and China will be the exceptions as the world faces a recession and loss in global income that will impact developing countries. Further, given the deteriorating global conditions, fiscal and foreign exchange constraints are bound to tighten further over the course of the year.

from News-Economic Times https://ift.tt/3dGCKSO