Trade tremors deepen: World Bank slashes global growth forecast to...

Dununu.com Dununu

Sponsor

Trade tremors deepen: World Bank slashes global growth forecast to 2.3% for 2025; warns of long-term hit from tariffs, inflation

RSS Feed Business

Posted

48

The World Bank predicts a sharp slowdown in global growth for the coming year. This is due to trade disruptions caused by US tariffs. These tariffs create uncertainty and fragment markets. India's economic growth is also projected to be lower. High policy uncertainty is dragging down growth and inflation. The World Bank urges G20 economies to avoid trade fragmentation.

Read Full Article

Please log in to like, share and comment!

Editors condemn police action against journalist, question Kathmandu court orders

KATHMANDU: Editors of Nepal’s leading media outlets have expressed serious concern over...

By 0 3

Returning to normalcy: J&K to reopen key tourist destinations in phased manner after Pahalgam attack, says LG Manoj Sinha

By 0 8

Firefighting efforts continue for 5th day on Singaporean vessel off Kerala; 8 ICG ships deployed

By 0 6

Old guard out, new 'leaders' in: Comparing India's 2021 & 2025 Eng Test squads

India's 2025 Test squad in England signals a generational shift, contrasting sharply with the...

By 0 6

Housefull 5 worldwide BO collection beats Salman's Sikandar

Housefull 5 is a box office success. The film mixes comedy with a murder mystery. Akshay Kumar...

By 0 11