World Bank: warning on global growth

The World Bank forecasts a historically weak 2025, with global growth revised downwards to 2.3%, its lowest level outside recession since 2008.

This slowdown is due to a combination of factors: rising tariffs, geopolitical uncertainties and persistent inflation (2.9%).

International trade is likely to be particularly hard hit, with growth limited to 1.8%, half that of 2024. These worrying forecasts reflect the impact of trade tensions and restrictive monetary policies on global economic activity.

Faced with this gloomy picture, the World Bank is calling for international coordination to avoid a prolonged slowdown, at a time when many countries are already struggling to revive their post-pandemic growth.

source:  Le Devoir