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Originally published by Capital Business
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business
June 11, 2025
3mo ago

World Bank predicts worst decade for global growth since 60s

World Bank predicts worst decade for global growth since 60s

JUNE 10 - The global economy will see the slowest decade for global growth since the 1960s as the effect of Donald Trump's tariffs are felt, the World Kenya breaking news | Kenya news today |..

✨ Key Highlights

The World Bank has announced that the global economy is projected to experience its slowest growth in over five decades, largely due to the effects of Donald Trump's tariffs.

  • Global growth is forecasted at only 2.3% for 2025, down 0.4% from previous predictions.
  • The main organization responsible for the report is the World Bank.
  • The report highlights increasing trade tensions as a significant factor impacting investor confidence and private consumption, with a potential for further tariffs leading to a global economic slowdown.

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Part of the Day's Coverage

Global Economic Trends and Trade Negotiations

World Bank warns of worst global growth decade since 60s. US-China talks conclude with plans for Trump and Xi's approval. India's optimism for a US trade deal ahead of Trump's tariff deadline.

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