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Saturday 14th of June 2025 08:30:31 PM |
WW
WORLD BANK SLASHES 2025 GLOBAL GROWTH FORECAST
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The World Bank downgraded its 2025 global GDP forecast from 2.7% to 2.3%, citing trade tensions and tariffs. Nearly 70% of countries—including the U.S., China, and Europe—have seen cuts. Trade growth projected at 1.8%; inflation expected at 2.9%, and recession risk under 10%.
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WORLD BANK SLASHES 2025 GLOBAL GROWTH FORECAST
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