The threat of recession, the cost-of-living crisis and mounting debt distress will dominate the global economy in the next two years, according to a survey by the World Economic Forum.

The threat of recession, the cost-of-living crisis and mounting debt distress will dominate the global economy in the next two years, according to a survey by the World Economic Forum.

German Chancellor Olaf Scholz will top the list of global leaders heading to Davos next week as the World Economic Forum returns in winter for the first time since before the Covid pandemic.