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World Bank forecasts slowest global economic growth in over three decades | DW News

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98K views 2 years ago #energy #recession #economy
The global economy will come "perilously close" to a recession this year, led by weaker growth in all the world's top economies – the United States, Europe and China – the World Bank warned on Tuesday. In an annual report, the World Bank, which lends money to poorer countries for development projects, said it had slashed its forecast for global growth this year by nearly half, to just 1.7%, from its previous projection of 3%. If that forecast proves accurate, it would be the third-weakest annual expansion in three decades, behind only the deep recessions that resulted from the 2008 global financial crisis and the coronavirus pandemic in 2020. #economy #recession #energy Subscribe: https://www.youtube.com/user/deutsche... For more news go to: http://www.dw.com/en/ Follow DW on social media: ►Facebook:   / deutschewellenews   ►Twitter:   / dwnews   ►Instagram:   / dwnews   ►Twitch:   / dwnews_hangout   Für Videos in deutscher Sprache besuchen Sie:    / dwdeutsch   ...more
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World Bank forecasts slowest global economic growth in over three decades | DW News
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98,264Views
2023Jan 11
The global economy will come "perilously close" to a recession this year, led by weaker growth in all the world's top economies – the United States, Europe and China – the World Bank warned on Tuesday. In an annual report, the World Bank, which lends money to poorer countries for development projects, said it had slashed its forecast for global growth this year by nearly half, to just 1.7%, from its previous projection of 3%. If that forecast proves accurate, it would be the third-weakest annual expansion in three decades, behind only the deep recessions that resulted from the 2008 global financial crisis and the coronavirus pandemic in 2020. #economy #recession #energy Subscribe: https://www.youtube.com/user/deutsche... For more news go to: http://www.dw.com/en/ Follow DW on social media: ►Facebook:   / deutschewellenews   ►Twitter:   / dwnews   ►Instagram:   / dwnews   ►Twitch:   / dwnews_hangout   Für Videos in deutscher Sprache besuchen Sie:    / dwdeutsch  

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