Russia's economy is facing a potential recession, warns Economy Minister Maxim Reshetnikov at the St. Petersburg International Economic Forum. Despite current growth, inflation and lack of investment pose significant threats.
Billionaire investor Ray Dalio warns that the US is nearing a recession, influenced by Trump's tariffs. He predicts that mishandling the economic situation could lead to a catastrophe worse than a recession.
As President Trump champions an 'economic revolution' with new tariffs, economists sound the alarm about a looming recession. Markets react dramatically with the Dow plunging over 2,200 points amid uncertainty.