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- The global economy is set to grow at its slowest pace since the pandemic, the World Bank has warned. It has forecast growth of just 2.4% in 2024 and stated higher interest rates were a major factor. Global trade and investment would continue to be stifled by conflicts in Ukraine and the Middle East, it said.
www.bbc.com/news/business-67914707Global economy set for weakest growth since pandemic, warns ...
Jan 9, 2024 · As the world nears the midpoint of what was intended to be a transformative decade for development, the global economy is set to rack up a sorry record by the end of 2024—the slowest half-decade of GDP growth in 30 years, according to the World Bank’s January 2024 Global Economic Prospects report.
- Global Growth to Slow through 2023, Adding to Risk of ‘Hard ...
Following a strong rebound in 2021, the global economy is...
- Global Growth to Slow through 2023, Adding to Risk of ‘Hard ...
Apr 18, 2024 · UN Trade and Development (UNCTAD) forecasts global economic growth to slow to 2.6% in 2024, just above the 2.5% threshold commonly associated with a recession.
Jan 9, 2024 · The global economy is set to grow at its slowest pace since the pandemic, the World Bank has warned. It has forecast growth of just 2.4% in 2024 and stated higher interest rates were a major...
Following a strong rebound in 2021, the global economy is entering a pronounced slowdown amid fresh threats from COVID-19 variants and a rise in inflation, debt, and income inequality that could endanger the recovery in emerging and developing economies.
Jan 9, 2024 · The global economy is set to grow at its slowest pace since the pandemic, the World Bank has warned. It has forecast growth of just 2.4% in 2024 and stated higher interest rates were a major...
Jan 9, 2024 · The global economy will slow in 2024 for the third straight year and appears headed for its weakest half-decade since the early 1990s, the World Bank said Tuesday in its latest annual forecast.
Jan 9, 2024 · The slowdown in world trade and rise in borrowing costs meant average annual growth for developing countries since 2020 was just 3.9 per cent a year — a full percentage point lower than during...