And the IMF notes, “The global outlook has already darkened significantly since April. The world may soon be teetering on the edge of a global recession, only two years after the last one.” Jacon Frenkel, head of the Group of 30 consortium of global policy makers summed it up: “We have the energy crisis, we have the food crisis, we have the supply chain crisis and we have the war, all of which has profound implications for the economic performance of the world’.