World Bank Reports Global GDP Growth Slowdown: First Time Below 3.0% Since 2009 and 2020 Recessions!

Actual Information | "World Bank Reports Alarming Global GDP Growth Slowdown: First Time Below 3.0% Since 2009 and 2020 Recessions!" | #shorts #news

On Tuesday, the World Bank released a report drastically reducing its 2023 growth prediction, expecting a global GDP growth rate of just 1.7%, the slowest rate since the 2009 and 2020 recessions. In June of 2022, the bank had estimated a growth rate of 3.0% for the following year. Furthermore, they cautioned of the possibility of substantial slowdowns in the advanced economies. This report is especially concerning because it is the first time that the World Bank has predicted a global growth rate below 3.0% since the two most recent recessions.

[-] =================

#GlobalRecession #GDPGrowthRate #WorldBank #2023Prediction #AdvancedEconomies #EconomicSlowdown #June2022 #Tuesday #2009Recession #2020Recession #foxnewschannel #nightlynews

- Check Our Channel: https://bit.ly/3ukvRk7
- Instagram Page: https://bit.ly/gen_z_news
- Twitter Page: https://bit.ly/genznews
- Rumble page: https://bit.ly/3aymsPd
- Latest Job Info: https://bit.ly/3cdpnNL

[ This video made with TubeBuddy ]
Join for free now: https://www.tubebuddy.com/genznews

[-] =================

Copyright: This video was made with the Fair Use Policy. Text and Images are used for knowledge purposes only. Text and Images Credit: Inshorts

[-] =================

Related Queries:

Global economic growth rate,
World Bank report,
2023 growth prediction,
Advanced economies slowdown,
2009 and 2020 recessions,
Global GDP growth rate,
World Bank forecast,
Global economic outlook