Dinar Daily
Welcome to Dinar Daily Discussions.

Logging in with your USERNAME allows you to participate in discussions, see what has recently been posted, and other options. Guests can post but they do have limited abilities.

We are NOT a guru forum. We are a dinarian forum. The opinions expressed on the forum do not reflect the of opinion of Dinar Daily specifically, but rather reflect the views of the individual posters only.

Disclamer:

We are in compliance with, "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."


Key Words
Adam Montana, AdminBill, Benjamin Fulford, Currency Exchange, David Schmidt, Dinar, Dinar Guru, Dinar Recaps, Dinar Rv, Dinar Scam, Dr Clarke, Frank26, Gary Larrabee, Gurus, Guru Hunters, JerzyBabkowski, Kaperoni, Kenny, Monetary Reform, Mnt Goat, My Ladies, Okie, Poppy, RamblerNash, Ray Renfrow, Redenomination, Revaluation, Ssmith, TNTBS, Tnt Tony, WING IT, We Are The People, Willis Clark, WSOMN, Yosef, Zap

World Bank warns of repercussions of trade war

Post new topic   Reply to topic

Go down

World Bank warns of repercussions of trade war

Post by claud39 on Wed Jan 09, 2019 6:58 am

http://economy-news.net/content.php?id=15008


World Bank warns of repercussions of trade war




01/09/2019











Economy News



The World Bank warned on Tuesday that the US-China trade war, the world's two largest economic powers, has already caused many collateral damage and threatens its dangers by slowing world economic growth.
Global economic growth will slow this year to 2.9 percent from 3 percent in the previous quarterly forecast in June and 2.8 percent in 2020, according to the International Finance Corporation's semi-annual report.
The World Bank forecast also showed that the US economy was adversely affected by its trade war with China, which will be reflected in a slowdown in growth. This year's growth rate will be 2.5% compared to 2.6% in the previous quarterly forecast in June, To 1.7% in 2020 compared to 2% in the previous quarterly forecasts.
The report is pessimistic compared with its June counterpart when the World Bank predicted the world economy would grow steadily and called for urgent action and "necessary".
"Trade and investment are on the decline globally, trade tensions remain high, and many large emerging markets are under heavy financial pressure last year," according to an excerpt from the report published by the World Bank in Arabic on its website. .
The Bank considered that against this background of considerable challenges, growth in emerging markets and developing countries is expected to remain constant in 2019.
He noted that the pace of recovery experienced by countries that rely heavily on exports of primary commodities will decline further than desired, "and is expected to decline in the growth rate in many other countries.

claud39
VIP Member
VIP Member

Posts : 4892
Join date : 2018-11-04

View user profile

Back to top Go down

Back to top


 
Permissions in this forum:
You can reply to topics in this forum