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World Bank slashes global growth forecast
The economic war launched by US president Trump against the rest of the world, with China the principal target, was the main factor driving the downgrade of forecasts made barely six months ago.
World Bank agrees with Trump’s trade complaints, urges countries to lower tariffs on US
The World Bank said it has had to sharply lower its global growth forecasts because of President Trump’s blizzard of tariffs ...
World Bank cuts global growth forecast as trade tensions heighten uncertainty
The World Bank on Tuesday slashed its global growth forecast for 2025 by four-tenths of a percentage point to 2.3%, saying ...
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 ...
World Bank Slashes U.S. Growth Forecast
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 ...
Tracking Trump: L.A. troop deployment to cost $134 million; the World Bank calls for reduced tariffs; Hegseth gets grilled; and more
The Pentagon estimated the troop deployment to L.A. will cost $134 million. The World Bank called for lower, equitable ...