Along with a sharply downgraded projection for global output this year, it urged a “course correction” on trade to help ...

The report did not name President Trump explicitly, but made it clear that his unprecedented tariffs—a 10 percent tax on ...

The World Bank says tariffs will hurt global growth, estimating that the trade war will shave almost half a percentage point ...

The World Bank has sounded the alarm predicting global growth is on track for its weakest year since the global financial ...

Global economic growth is on track for its weakest decade since the 1960s, according to a new analysis by the World Bank, which cites President Donald Trump’s trade war as a major factor weighing on ...

Prime Minister Mark Carney will welcome leaders of the world's most powerful democratic countries Sunday for the start of a ...

According to the World Bank, global economic growth is expected to reach 2.3% this year, down from the 2.7% forecast in ...

Central banks around the world are expected to keep the interest rates frozen in the coming week while evaluating the impact ...

The World Bank on Tuesday reduced its outlook for both global and U.S. economic growth this year, citing disruptions to global trade stemming President Trump’s trade war. Global growth in 2025 is ...

In the postwar period, it pursued a Soviet-style model of a centrally planned economy in which the government controlled all production, trade and prices. The collectivisation of farming, its primary ...