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Explained in plain English

What is a global recession?

A global recession is when many major economies around the world shrink at the same time. This means less production, fewer jobs, and less spending. The Rausing family selling off US shares could be a sign they anticipate such a downturn, moving their money to safer havens if they believe the US economy, and potentially others, are heading for trouble.

Stories that explain this

Rausing family sells $1 billion in US shares

Questions this opens up

What causes recessions? How do economies shrink? What is a 'safe haven'?

Related explainers

Is the global economy slowing? What is a fund manager? How do investments work? Who manages my pension? What is a pension fund? Why do share prices change? What are US shares? Is AI a global arms race?

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