IMF Cuts Global Growth Forecast Over Trump’s Tariff War
An upswing in economic risks due to rising trade tensions and debt levels has prompted the International Monetary Fund(IMF) to cut its forecast for world growth for this year and next.
With trade growth set to slow...
World Bank Expects Global Growth At 3.1 Per Cent
...Warns of slow growth ahead, urges govts to prepare
The World Bank has assured that the global economy would return a growth of 3.1 per cent in 2018, despite recent softening and headwinds.But it also warned in...
The World Bank is downgrading its 2016 global growth forecast to 2.4 percent from the 2.9 percent pace projected in January.
The move is due to sluggish growth in advanced economies, stubbornly low commodity prices, weak global trade, and diminishing capital flows.
According to the latest...
