Posts

Showing posts with the label world bank

World Bank Cuts 2025 Growth to 2.3%

Image
The World Bank growth forecast for 2025 has been slashed to just 2.3%, which is down from an earlier 2.7% that was projected back in January, and this marks what officials are calling the weakest performance in 17 years outside of global recessions. This rather dramatic reduction reflects mounting global economic slowdown pressures, as well as emerging markets risk, and also regulatory uncertainty 2025 that could potentially threaten worldwide stability. The downgrade also takes into account crypto market volatility impacts as trade tensions reshape the global economy in ways we haven’t seen before. Also Read: De-Dollarization: Wall Street Banks Forecast Further US Dollar Weakness Global Slowdown, Crypto Volatility, and 2025 Regulatory Threats Source: Watcher.Guru Trade Tensions Drive World Bank Growth Forecast 2025 Cuts The World Bank growth forecast for 2025 revision follows Trump’s universal 10% tariff implementation on nearly all US trading partners back in April, and th...

World Bank Warns of a "Lost Decade" Without Vital Policy Changes

Image
Amidst the average potential global economic growth falling to a 30-year low of 2.2% per year through 2030, a concerning reality could come to fruition. Moreover, the World Bank has warned of a “lost decade,” for the world’s economy without ambitious changes in policy. Reuters reporting on the World Bank warning arrives in a tumultuous time for the global economic state. Moreover, a failure to reverse the slowing of potential gross domestic product (GDP) growth could impend “profound implications” on issues like climate change and poverty, a new report states. Source: Reuters World Bank Makes Grim Warning The economic state of the world has been under the microscope over the last month. Following the collapse of Silicon Valley Bank and a budding banking crisis, the United States and Europe have found difficulty in solidifying the troubling banking sector. Now, the World Bank has warned of a potential “lost decade,” without ambitious and vital changes in policy. Speci...