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A service for banking industry professionals · Sunday, June 15, 2025 · 822,342,375 Articles · 3+ Million Readers
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  • Published on June 11, 2025 - 09:16 GMT

    World Bank Cuts Global Growth Forecast

    (MENAFN) On Tuesday, the World Bank revised its economic growth forecast for 2025, lowering it by 0.4 percentage points to 2.3 percent. The adjustment was made in response to “a substantial rise in trade barriers.” If this projection holds, it would …

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  • Published on June 11, 2025 - 08:13 GMT

    World Bank Downgrades 2025 Global Growth Outlook

    (MENAFN) The World Bank drastically cut its global economic growth forecast for 2025 by 0.4 percentage points to 2.3%, citing a sharp surge in trade barriers as a major drag on the economy. This downgrade signals the slowest global growth pace since the …

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