World Bank Cuts Global Growth Forecast to 2.5% Amid War Risks
The World Bank has lowered its 2026 global economic growth forecast to 2.5%, citing ongoing conflict in the Middle East and persistent energy market volatility. This revision, detailed in the bank’s semi-annual Global Economic Prospects report, marks the lowest growth projection since the onset of the COVID-19 pandemic. According to the report, disruptions to energy … Read more