Customers load shopping into their vehicle in the parking lot of the Carrefour SA hypermarket in the Grand Littoral retail park in Marseille, France, on Monday, July 25, 2022. French retailer Carrefour reports half-year earnings on July 27.
Mandatory Credit:	 Jeremy Sukur/Bloomberg/Getty Images

Customers load shopping into their vehicle in the parking lot of the Carrefour SA hypermarket in the Grand Littoral retail park in Marseille, France, on Monday, July 25, 2022. French retailer Carrefour reports half-year earnings on July 27.
Mandatory Credit: Jeremy Sukur/Bloomberg/Getty Images

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'Edge of a global recession': IMF slashes world economic forecast again

The global economy is already in trouble, yet risks keep piling up. In a report released Tuesday, the International Monetary Fund once again lowered its world economic forecast as it predicted major slowdowns in the three biggest economies: the United States, China and Europe.