Despite the drop, the statistics still represent historic highs, according to economist
Risks have risen, but recession isn't inevitable
The organization expects the global economy to expand 3% in 2022, down from the 4.5% it predicted in December
As inflation outpaces wages, consumption will be curbed, Scotiabank says
The path to greater energy security won't be quick
The European Union braces for higher energy prices and a drag on consumption and investment
Canada among the biggest gainers in the G20
In the worst-case scenario, oil prices could skyrocket
The combination of leverage with rising real estate and other asset valuations is a vulnerability
Leading indicators point to slowing growth, the organization reports