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The report emphasizes that while a global recession is unlikely, the decade may still end with the weakest seven-year growth ...
The World Bank says tariffs will hurt global growth, estimating that the trade war will shave almost half a percentage point ...
The report did not name President Trump explicitly, but made it clear that his unprecedented tariffs—a 10 percent tax on ...
Citing “a substantial rise in trade barriers’’ but without mentioning Trump by name, the 189-country lender predicted that ...
Along with a sharply downgraded projection for global output this year, it urged a “course correction” on trade to help ...
The World Bank on Tuesday slashed its global growth forecast for 2025 by four-tenths of a percentage point to 2.3%, saying ...
The World Bank said it has had to sharply lower its global growth forecasts because of President Trump’s blizzard of tariffs ...
Despite widespread risks, including geopolitical tensions and climate shocks, the bank emphasizes that a coordinated global ...
This would mark the slowest rate of global growth since 2008, aside from outright global recessions,” the World Bank said of ...
Citing trade wars, World Bank sharply downgrades global economic growth forecast for this year.