The Bay Area is preparing to welcome millions of soccer fans for the FIFA World Cup in 2026. Local businesses, such as Jack’s sports bar in San Jose, […]
Economy
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Global Economic Growth Faces Slowdown Due to Trade Wars, Warns World Bank
The World Bank has warned that ongoing trade wars are expected to reduce global economic growth. According to the report, the global economy is heading towards its weakest […]
Economy
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World Bank Predicts Global Economic Growth to Slow in 2023
The World Bank announced on Tuesday a reduction in its global growth forecast for 2023 by 0.4%, bringing it down to 2.3%. The organization cited rising uncertainty as […]
Economy
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UK Chancellor Defends Economic Strategy Amid Focus on Public Spending
UK Chancellor Rachel Reeves has defended the government’s economic strategy while emphasizing the importance of public spending to drive growth. In a recent statement, she highlighted the need […]
Economy
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World Bank Lowers 2025 Global Growth Forecast
The World Bank has revised its global growth forecast for 2025 downward, citing economic uncertainties and potential challenges in key markets. This adjustment reflects concerns over inflation, geopolitical […]
Economy
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Modest UK Economic Growth to Prompt Gradual Rate Cuts by Bank of England: Reuters Poll
A recent Reuters poll suggests that the Bank of England is likely to reduce interest rates gradually, driven by modest economic growth in the UK. The poll indicates […]
Economy
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World Bank Lowers Global Growth Forecast Amid Trade Tensions
The World Bank has reduced its global growth forecast for 2025 by 0.4 percentage points to 2.3%, citing higher tariffs and increased uncertainty as significant obstacles for economies […]
Economy
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Republican Senator Predicts Delay of ‘Revenge Tax’ Implementation
Republican Senator Thom Tillis anticipates that the implementation of the Section 899 ‘revenge tax’ in President Donald Trump’s tax and spending bill will be postponed. The tax, as […]
Economy
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World Bank Lowers Mexico’s Economic Growth Forecast Amid Global Trade Tensions
The World Bank (WB) has revised Mexico’s economic growth forecast for 2025 downward from 1.3% to just 0.2%, citing rising global trade tensions and political uncertainty. According to […]
Economy
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República Dominicana and Guyana Lead Economic Growth in the Region, According to Study
Latin America and the Caribbean face a scenario of moderate and uneven growth in 2025, amid a global context marked by the resurgence of protectionism, political uncertainty, and […]