World Bank Warns of Worst Global Slowdown Since 2008 ...Middle East

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World Bank Warns of Worst Global Slowdown Since 2008
source : OILPRICE ( Middle East ) () 33
The world economy is heading for its worst year since the 2008 financial crash, the World Bank has predicted, as most major economies suffered a growth downgrade due to trade tensions sparked by President Trump’s tariffs.  The UN-backed financial institution has predicted that global growth will come down to 2.3 percent this year as the effects of US tariffs are set to restrict GDP potential in more than two-thirds of countries across the world.  The downgrade to most economic powerhouses could hit British firms looking to grow…

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