The world economy is heading for its worst year outside a recession since 2008 with almost all major economies suffering growth downgrades, the World Bank has said.
Donald Trump’s tariff uncertainty has wiped 0.5 percentage points of global GDP projections this year to 2.3%, it said in its latest global economic prospects report.
If its forecasts for the next two years materialise, an average growth rate of 2.5% would make the 2020s the worst decade for the world economy since the 1960s, it said.
Not surprised from the president who have 6 bankruptcy records
All by design. Putin laying the groundwork for one last hoorah
So calls right?
I could’ve told you that. So much for leaving the world a better place for our children. At this rate, I beg AI to put us out of our misery.
But according to Jerome Powell, the US economy has “solid growth” we’re “near maximum employment”, inflation has “declined sharply”and the economy is “resilient”.
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The world economy is heading for its worst year outside a recession since 2008 with almost all major economies suffering growth downgrades, the World Bank has said.
Donald Trump’s tariff uncertainty has wiped 0.5 percentage points of global GDP projections this year to 2.3%, it said in its latest global economic prospects report.
If its forecasts for the next two years materialise, an average growth rate of 2.5% would make the 2020s the worst decade for the world economy since the 1960s, it said.
Not surprised from the president who have 6 bankruptcy records
All by design. Putin laying the groundwork for one last hoorah
So calls right?
I could’ve told you that. So much for leaving the world a better place for our children. At this rate, I beg AI to put us out of our misery.
But according to Jerome Powell, the US economy has “solid growth” we’re “near maximum employment”, inflation has “declined sharply”and the economy is “resilient”.
/s
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