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World Bank offers dim outlook for the global economy in face of higher interest rates

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abcnews.go.com/US/wireStory/world-bank-offers-dim-outlook-global-economy-face-99867179

WASHINGTON -- The global economy is likely slowing sharply this year, hobbled by high interest rates, the repercussions of Russia's invasion of Ukraine and the lingering effects of the coronavirus pandemic.
That's the latest outlook of the World Bank, a 189-country anti-poverty agency, which estimates that the international economy will expand just 2.1% in 2023 after growing…

This story from abcnews.go.com was posted on 2023-06-07 by @crystal.

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