econ

_The World Bank has forecasted that the global economy will grow at its slowest pace in six years, with a rate of 2.7%, due to concerns over US tariffs and trade tensions. This growth rate is considered low enough that living standards may not improve as quickly as in the past. The bank's deputy chief economist, Ayhan Kose, warns that escalating trade tensions and higher interest rates could have severe consequences for the global economy, including reduced economic growth and decreased business confidence._