Wednesday, April 16, 2025

Alert: Global growth on recessionary path amid trade tensions and uncertainty

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Alert 16 April 2025
Global growth on recessionary path amid trade tensions and uncertainty
[UN News photo]

The world economy is on a recessionary trajectory as global growth is expected to slow to 2.3 per cent this year due to escalating trade tensions and uncertainty, the UN trade and development body, UNCTAD, said in a new report published on Wednesday. 

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