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The World Bank says tariffs will hurt global growth, estimating that the trade war will shave almost half a percentage point ...
The World Bank said the U.S. economy in 2025 will grow 1.4 percent, 0.9 percentage points slower than its January forecast.
In the postwar period, it pursued a Soviet-style model of a centrally planned economy in which the government controlled all production, trade and prices. The collectivisation of farming, its primary ...
The global economy could grow less this year than previously projected, the World Bank said Tuesday, citing uncertainty over ...
The World Bank on Tuesday reduced its outlook for both global and U.S. economic growth this year, citing disruptions to global trade stemming President Trump’s trade war. Global growth in 2025 is ...
According to the World Bank, global economic growth is expected to reach 2.3% this year, down from the 2.7% forecast in ...
The U.S. economy is likely to grow just 1.4% this year, half the rate recorded in 2024, as a result of President Trump's ...
The number of Chinese companies on the Global 2000 has dropped from a peak of 351 in 2022 to 317 this year. Sluggish domestic ...