the World Bank said Thursday in its latest assessment of the global economy. The bank expects the world economy to expand 2.7% in 2025 and again in 2026. It’s a remarkably consistent performance ...

The additional 10% tariffs will be levied on top of a variety of 10% to 25% existing tariffs that Trump had imposed on ...

Former Commerce Secretary Wilbur Ross said Elon Musk’s Department of Government Efficiency — the cost-slashing body known as ...

THE World Bank is reviewing its initial projections that showed that Zimbabwe’s economy will growth by 6% this year at a time companies are closing down due to currency volatility and other pressures.

The World Bank forecasts Pakistan’s GDP growth at 2.8% for the fiscal year 2024-25, down from the IMF’s projection of 3%. Despite positive trends like reduced inflation and rising foreign exchange ...

Nigeria's central bank expects the economy to expand by 4.17% this year, Governor Olayemi Cardoso said on Thursday, driven by ...

In its latest edition of Global Economic Prospects report, the global lender warned that the country's investment and industrial activity are expected to remain subdued in the near term amid heightene ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

World Bank Says the Global Is Economy Is Growing Steadily, but Not Fast Enough to Help Ease Poverty WASHINGTON (AP) — The global economy is growing steadily in the face of war, protectionist ...

For low- and middle-income countries – so-called developing economies – growth is expected to come in at 4.1% this year and slow slightly to 4% in 2026. The World Bank says that plodding pace of ...