Rating agency Fitch cuts global growth forecast, sees RECESSION in UK & US close
European wholesale gas and electricity prices have risen nearly tenfold. Fitch now expects world GDP to grow by 2.4% in 2022 - revised down by 0.5 percentage point since the June estimate - and by just 1.7% in 2023, a cut of 1% point.
Sep 15, 2022, 09:49 AM IST
Slow growth in global trade, says World Bank
In the aftermath of the economic crisis, there has been slow growth in global trade, the World Bank has said.
Jan 08, 2015, 08:49 AM IST