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World Bank warns of slowest global growth since 1960s amid Trump tariffs
Global growth is projected to fall to 2.3 per cent due to trade tensions and policy uncertainty, with rising inflation risks requiring urgent action.
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nytimes.com
World Bank Forecast Underscores Cost of U.S. Trade War
Along with a sharply downgraded projection for global output this year, it urged a “course correction” on trade to help preserve living standards.
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theguardian.com
2020s on course to be weakest decade for global economy since 1960s, says World Bank
Washington-based lender cuts its forecast for world GDP growth, blaming Donald Trump tariffs
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scmp.com
World Bank warns of slowest global growth since 1960s amid Trump tariffs
Global growth is projected to fall to 2.3 per cent due to trade tensions and policy uncertainty, with rising inflation risks requiring urgent action.
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cnbc.com
World Bank sharply cuts global growth outlook on trade turbulence
"This would mark the slowest rate of global growth since 2008, aside from outright global recessions," the World Bank said of its forecast.
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aljazeera.com
World Bank slashes global economic outlook as trade tensions continue
The bank warned that without a swift course correction, the harm to living standards could be ‘deep’.
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bbc.com
World Bank predicts worst decade for global growth since 60s
The US, Japan and the euro area are all expected to have lower growth as Trump's tariffs bite.