War in Ukraine could cause recession in weaker economies, IMF boss warns

Speaking at Davos, Kristalina Georgieva said anxiety about food prices was hitting the roof' globally

The head of the International Monetary Fund (IMF) has said the war in Ukraine has darkened the outlook for the global economy and could result in recession for more vulnerable countries.

Kristalina Georgieva predicted that 2022 would be a tough year and declined to rule out a global recession if conditions worsened markedly.