Latest World Bank News

Outbreaks, bottlenecks expected to slow global growth in '22

Jan. 11, 2022 10:49 AM EST

WASHINGTON (AP) — The World Bank is downgrading its outlook for the global economy, blaming continuing outbreaks of COVID-19, a reduction in government economic support and ongoing bottlenecks in global supply chains. The 189-country, anti-poverty agency forecasts worldwide...