Global economy will slow for a third straight year in 2024, World Bank predicts
Facing challenges such as high interest rates, persistent inflation, declining trade, and a weakened China, the global economy is projected to decelerate for the third consecutive year in 2024, according to the World Bank.
The forecast indicates a modest 2.4% expansion this year, a decline from 2.6% in 2023, 3% in 2022, and the robust 6.2% growth experienced in 2021 during the post-pandemic recovery from the recession of 2020.
The World Bank highlights heightened global tensions, particularly stemming from events like Israel’s conflict with Hamas and the situation in Ukraine, as factors posing a risk of further weakening growth, the Associated Press reported.
Links for B.C.
Visit My Website
https://bcbegley.com
Follow Me On Facebook
https://www.facebook.com/B.C.Begley
Subscribe To My Patreon
https://www.patreon.com/bcbegley
Watch Me On YouTube
https://www.youtube.com/channel/UCGoUf-QQTlTN-BIh3ERCE9A
Follow Me On Twitter
https://twitter.com/BC_News1
Watch Me On Rumble
https://rumble.com/c/c-280191
Follow Me On Gab
https://gab.com/BC_Begley
-
1:33
kimvan67
5 months agoWorld Bank sees signs of slowest half-decade global economy growth in 30 years.
50 -
11:16
Worldview Financial TV
4 months agoWhy Economists Predict Another Banking Crisis
39 -
36:52
The Rundown Podcast
4 months agoMore economies falling, who will be next???
37 -
1:20
AugustaPreciousMetals
3 months agoEconomist Says All Banks Fundamentally Unsound
-
22:15
The Rice Report
4 months ago2024 Economic Forecast
75 -
3:02
ChartGPT Today
5 months agoGlobal Western Economies Turn Dark
48 -
6:15
AugustaPreciousMetals
3 months agoGlobal Banking Instability: Are All Banks Technically Insolvent?
10 -
9:30
UpNorthMedia
5 months agoWhy Ray Dalio Is VERY Pessimistic About Global Economy In 2024
51 -
4:24
This Will Make You Rich
4 months agoHow the FED Predicts Recessions
551 -
5:57
AugustaPreciousMetals
5 months agoWeakness in Commercial Real Estate Could Threaten Economy