Finance experts meet amid recession fears

Concerns come as US stocks’ value falls by 1tn during past week.

Experts warn of new recession

Financial leaders are gathering in New York for the annual meeting of the International Monetary Fund and the World Bank.

The meeting comes as it was estimated that $1tn were wiped off the value of US stocks during the past week.

Some financial analysts are voicing concerns about another possible recession.

Al Jazeera’s Caroline Malone reports.

Source: Al Jazeera