China Economy

Residents wearing face masks carry their purchased Lunar New Year goodies Jan. 17 at Qianmen Street, a popular tourist spot in Beijing.

UNITED NATIONS — The United Nations forecast Wednesday that global economic growth will fall significantly to 1.9% this year as a result of the food and energy crisis sparked by the war in Ukraine, the impact of the COVID-19 pandemic, high inflation and the climate emergency.

Painting a gloomy and uncertain economic outlook, the U.N. Department of Economic and Social Affairs said the current global economic slowdown "cuts across both developed and developing countries, with many facing risks of recession in 2023."

China Economy

People wearing face masks are reflected on a mirror as they chat with each other Jan. 17 at a store selling fashionable headwear near Qianmen Street, a popular tourist spot in Beijing.

India Hindu Festival

A vendor awaits customers Wednesday beside a roadside stall selling idols of Saraswati, the Hindu goddess of learning, ahead of its worship scheduled for Thursday in Kolkata, India.