Trade tensions and fractious geopolitics risk exposing deep fault lines in the global financial system, the central bank umbrella body, Bank for International Settlements, said in its latest ...

President Donald Trump’s trade wars are expected to slash economic growth this year in the United States and around the world ...

World Bank Warns of Worst Global Slowdown Since 2008 By City A.M - Jun 11, 2025, 9:00 AM CDT The World Bank predicts global economic growth will fall to 2.3%, marking the weakest year since the ...

South Africa has signed a $1.5 billion loan agreement with the World Bank, aiming to overhaul its transport and energy ...

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

India is once again expected to the be world’s fastest-growing major economy, expanding at a 6.3% clip this year. But that’s down from 6.5% in 2024 and from the 6.7% the bank had forecast for ...