Despite an easing of U.S.-China tensions, the world economy still faces a sharp slowdown this year from the most severe trade war since the 1930s, according to Fitch Ratings. Fitch expects world ...

The World Bank said export growth was seen moderating to 12.1% this year, from 14% growth in 2024, and would taper further in 2026 due to expected slowdowns in China and the U.S. and because of ...

The World Bank on Wednesday downgraded its 2024 economic growth forecast for Latin America and the Caribbean to 1.6% from its previous estimate of 2.3%, saying the region continues to lag growth ...

The World Bank raised on Thursday its forecast for China's economic growth in 2024 and 2025, but warned that subdued household and business confidence, along with headwinds in the property sector ...

The World Bank downgraded its economic growth forecast for sub-Saharan Africa as a raging civil war in Sudan stalled activity and held back the entire region.. Sub-Saharan Africa will likely grow ...