AMMAN — The ongoing conflict in the Middle East is expected to slow global economic growth to its weakest pace since the COVID-19 pandemic, as surging energy prices fuel inflation and raise borrowing costs worldwide, according to the World Bank Group’s latest G ... »»»

The World Bank downgraded its outlook for global economic growth, warning that the Iran conflict could deepen economic pressures and push global expansion to its weakest pace since the Covid-19 pandemic. In its latest Global Economic Prospects report, the World Bank said global growth is expected t»»»

WASHINGTON, D.C. – The World Bank has warned that a potential conflict involving the United States, Israel, and Iran could significantly weaken the global economy, cutting growth in 2026 to 2.5%, the lowest level since the COVID-19 pandemic. In its latest Global Economic Prospects report, the World»»»